Which of the following is a true statement regarding the sale of vehicles?

The correct statement about the sale of vehicles in this context is that a dealer must disclose if a vehicle is sold “as-is and without guarantee.” This is important because transparency is a key component of ethical sales practices in the automotive industry. When a vehicle is sold "as-is," it means that the dealer is not providing any warranty or guarantee regarding the condition of the vehicle. By disclosing this information, the dealer ensures that potential buyers are fully aware of what they are agreeing to before making a purchase. This protection for consumers is established in various regulations and helps to promote fair dealing.

Without this disclosure, customers might mistakenly assume that the sale includes some form of warranty or guarantee, which can lead to disputes or dissatisfaction after the sale. Therefore, ensuring that customers are informed about the "as-is" status aligns with consumer protection laws and best practices in vehicle sales.