Can wholesale dealers participate in public auctions?

Wholesale dealers are primarily engaged in selling vehicles to other licensed dealers rather than directly to consumers. Their participation in public auctions is generally restricted to events that are designated solely for licensed dealers. This regulation helps maintain the integrity of the auction process and ensures that only qualified individuals or businesses are involved in the buying and selling of vehicles in those contexts.

In a public auction that is open to all, wholesale dealers typically cannot sell directly to the public. This makes the option specifying that their participation is limited to auctions restricted to licensed dealers the correct response. Such auctions allow wholesale dealers to engage in commerce while adhering to regulatory frameworks that govern their operation, ensuring that they interact within their designated industry space effectively.