What types of licenses are available for motor vehicle dealerships in Colorado?

The types of licenses available for motor vehicle dealerships in Colorado include new vehicle dealer, used vehicle dealer, and wholesaler licenses.

A new vehicle dealer license allows dealerships to sell brand new vehicles from manufacturers. This license is necessary for any dealership intending to offer the latest models from car manufacturers.

A used vehicle dealer license is required for those wanting to buy and sell pre-owned vehicles, ensuring that the dealer complies with state regulations regarding the sale of used cars.

A wholesaler license is for individuals or businesses that operate primarily as intermediaries in the buying and selling process, facilitating transactions without directly selling vehicles to the public.

These specific licenses are designed to categorize dealerships based on their business models and the types of vehicles they handle, ensuring that regulations tailored to each category are enforced effectively.