How frequently must a dealer renew their license in Colorado?

In Colorado, a motor vehicle dealer is required to renew their license every two years. This biannual renewal process ensures that dealers remain compliant with state regulations, maintain their qualifications, and keep their business practices up to date. Renewing every two years allows the state to regularly evaluate the dealer's operations, including their adherence to legal requirements and the quality of service provided to consumers. This frequency helps to promote accountability and standards within the automotive sales industry in Colorado, facilitating a safer and more reliable marketplace for vehicle transactions.