MVDB was established in 1995 by overwhelming support from the General Assembly and the dealer community as the state agency charged with the regulation and oversight of the new and used car and truck dealer industry. MVDB has a dedicated staff consisting of 14 employees in Richmond, Virginia and 12 Field Representatives located throughout the Commonwealth to service licensing and education, consumer assistance, and field inspections. Effective July 1, 2015 the General Assembly unanimously adopted HB2189 which expanded the Board’s responsibilities to include the licensing and regulatory responsibility for recreational vehicles, motorcycles, and trailer dealers from DMV to MVDB.
HB2189 simplifies regulation of many motor vehicle dealer laws and regulations under one “umbrella” and provides consistent representation for both Independent and Franchise dealers representation motor vehicles, recreational, motorcycle, and trailer dealers and auto buying consumers.
The Board consists of nineteen members of which the Governor appoints seventeen. Nine members are licensed franchise ("new") motor vehicle dealers of which one is primarily engaged in the sale of new motorcycles, and eight members are independent ("used") dealers of which one is a licensed independent motorcycle dealers and one shall be a licensed independent dealer who is also an independent trailer or recreational vehicle dealer or engaged in the rental vehicle business. One member is an individual who has no direct or indirect interest other than as a consumer, in or relating to the motor vehicle industry; and the Commissioner of the Department of Motor Vehicles, who serves as the Board’s chairman.
Members of the Board represent all areas of the Commonwealth. In addition, they represent all levels of ownership. Board members include those that own several dealerships ("mega dealers") to those with small operations and just a few employees. This cross section ensures that all perspectives of the industry have a voice on the Board.