Wholesale Dealers.

(a) A wholesale dealer who is licensed by the Division is authorized to do the following: (1) Buy a vehicle from another dealer, a licensed auto auction or retail seller; (2) Sell a vehicle to, or exchange vehicles only with another dealer or through a licensed auto auction; (3) A wholesale dealer may operate from a private residence and is not required to comply with § 6303(a)(2) and (5) of this title. (b) A wholesale dealer may not: (1) Sell or exchange vehicles with a retail buyer; and (2) Buy, sell or exchange new vehicles; and (3) Sell vehicles on consignment.