Rev Up Your Career with the 2025 Colorado Car Sales Practice Test – Hit the Gas and Ace It!

Question: 1 / 400

What must be included in a written contract for a vehicle sale?

Only the price

Only buyer and seller information

Price, VIN, and buyer and seller information

A written contract for a vehicle sale must contain critical details to ensure the transaction is clear and legally binding for both parties involved. Including the price is essential, as it defines the agreed-upon amount for the vehicle. The Vehicle Identification Number (VIN) is equally important because it serves as a unique identifier for the specific vehicle being sold, which helps prevent disputes related to ownership or vehicle identity. Furthermore, including the buyer and seller information ensures that both parties are clearly identified, facilitating contact and legal recourse if needed.

This combination of elements—price, VIN, and the identities of both the buyer and seller—creates a comprehensive record of the transaction. It protects the interests of both parties and provides necessary information for potential future transactions or issues, such as registration, ownership disputes, or recalls.

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Price and vehicle condition

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