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 (§46.2-1500, definitions).