OMVIC Practice Test

Which of the following is a requirement for dealers when selling a used vehicle?

1. Only disclose the age of the vehicle

2. Provide a complete history of the vehicle's past accidents

3. Make sure to disclose if the vehicle has been in flood damage

4. No specific requirements need to be disclosed

The correct answer is: Make sure to disclose if the vehicle has been in flood damage

When selling a used vehicle, one significant requirement for dealers is to disclose any critical information that could affect the buyer's decision, particularly about the vehicle's condition and history. Disclosing if the vehicle has been damaged by flooding is vital because such damage can have lasting effects on the vehicle's structural integrity, performance, and reliability. Flood-damaged vehicles may face issues such as electrical system failures, corrosion, and mold, which can make them unsafe or lead to expensive repairs. The importance of this disclosure aligns with the ethical obligation of dealers to provide transparency to consumers. Consumers deserve to know if a vehicle has been subjected to conditions that may not be readily apparent but could greatly affect its value and safety. This practice helps protect buyers and maintains trust in the automotive sales process. The other options fall short as they either provide insufficient information or suggest that disclosures are not necessary, which would not comply with the principle of full transparency that is expected from dealerships.