Stores and displays damaged or distressed vehicles for insurance companies.
Processes vehicles into scrap metal by shredding, shearing, fragmenting, baling, or similar means.Ĭrushing is not considered a scrap metal process since it is not the final step before remelting. In the broker's role regarding the sale, purchase, lease or exchange of vehicles or salvageable parts, the broker does not have title or other legal interest in the vehicle or salvageable part.Ī person who conducts a vehicle auction is a type of broker and requires a Class D license.īuys, transports, and sells vehicles only to a Class C Used Vehicle Parts Dealer Class F Scrap Metal Processor or Class R Automotive Recycler. The dealer may also acquire whole vehicles to dismantle for the resale of parts, selling the remainder as scrap.įor compensation, brings a buyer and seller together, negotiates the terms of a transaction, or displays a vehicle offered for sale. Buys and sells new vehicles under a franchise agreement or contract with the manufacturer of the new vehicle.Īcquires late model major component parts for resale, either at wholesale or at retail.
