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.TrueFalseWith every vehicle on the auction block, the winning bid gets possession of the car.TrueFalseWhat is a reason why many people don't utilize the services of an auto auction?They are too expensiveThe cars are always heavily damagedSome states only allow dealers to participateOnly Japan has auto auctionsCarriers represent 95% of the transport companies found on the internet.TrueFalseWhat 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 assistanceWhat are the three types of transport companies?Lead Aggregators, Brokers, CarriersLead Brokers, Tow companies, BrokersBrokers, Carriers, DriversWhen 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 demographicWhat is the average cost to tow a vehicle?$50$60$70$80It 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.TrueFalseAuto 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 is Up! Posted on August 24, 2019April 24, 2020 By admin