- An auto broker is a dealer who for a fee or other consideration
arranges, negotiates, assists, or effectuates the purchase of a new or used
vehicle, not owned by the dealer, for another. [V.C. §§285,
232.5, and 166]
motor vehicle dealers who obtain an auto broker’s license (called an
“endorsement”), may broker NEW as well as used vehicles! Note also that a
used motor vehicle dealer CANNOT broker sales of vehicles unless they obtain
the broker’s license (endorsement).