Which of the following must be licensed as a motor vehicle dealer or powersports dealer in Colorado?

In Colorado, anyone engaged in the sale of motor vehicles or powersports vehicles must be licensed. This includes new vehicle dealers, pre-owned vehicle dealers, and powersports dealers alike. The rationale behind requiring all categories of vehicle dealers to have licensing is to ensure that they adhere to standards of practice, consumer protection laws, and regulations established by the state.

Licensing helps maintain a level of professionalism in the industry, ensuring that all dealers are properly trained and aware of the legal requirements necessary to operate within the state. This also aids in protecting consumers from fraud and other unethical practices that can arise in the sale of vehicles. Therefore, it is essential that all types of dealers—whether they specialize in new vehicles, used vehicles, or powersports—are included in the licensing requirement, which validates answer choice indicating that all categories must be licensed.