Types of Dealers
There are two types of Dealers:
- Franchise - means a dealer in new motor vehicles that has a franchise agreement with a
manufacturer or distributor of new motor vehicles, trailers, or semitrailers to sell new motor
vehicles or to sell used motor vehicles under the trademark of a manufacturer or distributor regardless
of the age of the motor vehicles, trailers, or
semitrailers (§46.2-1500, definitions).
- Independent - means a dealer in used motor vehicles