(1)  A used motor vehicle dealer whose used motor vehicle dealer’s license has been suspended may liquidate any remaining inventory by selling the remaining used motor vehicles to:

Terms Used In Utah Code 41-3-207.5

  • Auction: means a dealer engaged in the business of auctioning motor vehicles, either owned or consigned, to the general public. See Utah Code 41-3-102
  • Dealer: includes a representative or consignee of any dealer. See Utah Code 41-3-102
  • Motor vehicle: means a vehicle that is:
(i) self-propelled;
(ii) a trailer;
(iii) a travel trailer;
(iv) a semitrailer;
(v) an off-highway vehicle; or
(vi) a small trailer. See Utah Code 41-3-102
  • Person: means :Utah Code 68-3-12.5
  • Used motor vehicle: means a vehicle that:
    (a) has been titled and registered to a purchaser other than a dealer; or
    (b) for a motor vehicle that is not a trailer, travel trailer, or semitrailer, has been driven 7,500 or more miles. See Utah Code 41-3-102
    (a)  a licensed auto auction;

    (b)  another licensed motor vehicle dealer; or

    (c)  to any person, but only after the used motor vehicle has been titled in the name of the owner, partner, or corporate officer of the used motor vehicle dealer for at least 12 months.

    • (2)  A dealer may sell inventory under Subsections (1)(a) and (b) for up to 90 days from the date the dealer’s used motor vehicle dealer’s license was suspended.

    Enacted by Chapter 388, 2008 General Session

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