Wis. Admin. Code Trans 138.028
Retail auctioneers; limited exemption
Cite as Wis. Admin. Code Trans ยง 138.028
Retail auctioneers; limited exemption.
Retail auctioneers; limited exemption. Notwithstanding s. Trans 138.025 , a retail auctioneer selling motor vehicles may conduct business without a motor vehicle dealer license, provided the retail auctioneer meets all of the following requirements:
(1) None of the vehicles offered at auction are owned by a motor vehicle dealer, wholesaler, manufacturer, or other licensee under ch. 218 , Stats.
(2) Each auction is clearly distinct in place and date and meets at least one of the following conditions:
(a) It includes only those vehicles owned by a single person, where person means an individual, household, association, firm, or corporation including its subsidiaries and divisions; or,
(b) The auction includes no more than 3 motor vehicles.
(3) The auction is not conducted on the permanent business premises of any motor vehicle dealer, wholesaler, wholesale auction dealer, or other person licensed under ch. 218 , Stats.
(4) The auctioneer does not hold regular or frequent auctions under the conditions described in this section at a single location. Frequent auctions at the same location include, though are not limited to, situations in which 3 or more vehicle auctions are conducted in the same place within 12 months.