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Motorcycle Financing Quiz

Test your knowledge on motorcycle financing with our engaging quiz! This quiz includes a variety of questions designed to assess your understanding of dealership procedures, fees, and regulations specific to used motorcycles.

Whether you're a dealer or simply interested in learning more, this quiz is for you!

11 multiple-choice questions
Assess your understanding of key concepts
Fun and informative!

11 Questions3 MinutesCreated by RidingEagle527

CDA deal breaker appears for which variances?

LTV, Income, Emp Time

LTV, Income, Emp Time, Fee Added

LTV, ATF, Income

Emp Time, Income, Fee Added

CDA firing for income decline. Recommended fee is $500. Panda dropped from 134-131. What's the minimum fee required? (Strategic)

$500

$400

$250

$300

Trade Open Auto Required. Trade not listed on Buyers Order or Risc What's the nest step?

Waive the stip

Reassess to determine if the trade could be waived

Send back to funding

Add a $500 fee

Amt to finance exceeds tolerance. What must I find out first before determining if the ATF is increased?

Sales Price

True ATF

Cash Down

Trade Allowance

Dealer contracted with $4150.30 in products. Panda 150. 3 Paid Autos. 30% cash down. WWYD?

Call Mentor

Call Dealer to recontract

Waive deal breaker and educate

Jump out of it

When sending a dealer email. Who all needs to be included?

Dealer contact from contact list

Dealer contact from contact list, funder, market rep

Dealer contact from contact list, funder, UW

Dealer contact from contact list, funder, market rep, UW

Inflated trade. Which vehicle are we pulling the auto check for?

Vehicle on book out

Vehicle listed as trade

Vehicle being purchased

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Motorcycle Financing Quiz

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