Licensing Types for Motor Vehicle Dealers
License Types
There are four classes of licenses issued to motor vehicle dealers. They are:
- Independent Dealer--for a person dealing in used motor vehicles only. This license permits the licensee to transact business at retail or wholesale.
- Franchise Dealer--allows the licensee to sell new motor vehicles under an agreement with a manufacturer. This license also permits the licensee to sell used motor vehicles.
- Wholesale Dealer--licensees may only buy from, sell to, and deal at wholesale with other licensed dealers.
- Auctions--are licensed to sell, on behalf of licensed dealers, through the bid process. Auctions may not sell retail.