Auction dealer definition
Auction dealer means a person who for compensation takes possession, whether through consignment or bailment or any other arrangement, of a motor vehicle owned by a motor vehi- cle dealer and offers it for sale at an auction open only to motor vehicle dealers or wholesalers.
Auction dealer means a Manufacturer-approved auction dealer under an Eligible Repurchase Program which is a guaranteed depreciation program.
Auction dealer means any natural person, partnership or corporation, either as principal or agent or employee thereof, or any other legal entity, however organized, who carries on the business of arranging, managing, sponsoring, or carrying out auctions or who employs auctioneers to conduct auctions or who advertises or holds himself or herself out as carrying on the business of auctioning a second hand good;