Automotive 4 GEO Welcome to your Automotive 4 GEO Quiz. Please click on "Next" to continue. Auto auctions play a major role in the wholesale market of second-hand vehicles in the United States. True False What are some facts about the average tow company? (Select all that apply) They are operating 24-7 They provide emergency towing They are owned by corporations They will provide roadside assistance What is a reason why many people don't utilize the services of an auto auction? They are too expensive The cars are always heavily damaged Some states only allow dealers to participate Only Japan has auto auctions What is the average cost to tow a vehicle? $50 $60 $70 $80 With every vehicle on the auction block, the winning bid gets possession of the car. True False What are the three types of transport companies? Lead Aggregators, Brokers, Carriers Lead Brokers, Tow companies, Brokers Brokers, Carriers, Drivers Carriers represent 95% of the transport companies found on the internet. True False When trying to sell GeoFencing to an automotive transport company, what should you focus on? How they will be guaranteed to get more business. How they will be targeting new customers based on demographic It is okay for a vehicle owner to fill a vehicle about to be transported with household items as long as the vehicle and all the items are owned by the person signing the transport contract. True False Auto auctions are a primary outlet for which of the following? (Select all that apply) Off-lease returns Aging rental car fleets Unwanted dealership inventory FBI and DEA Seizures Bank repossessions Stage Name/Real Name Unit Time's up Posted on August 24, 2019April 24, 2020 By admin
