How does Colorado law view the business of selling/ leasing vehicles?

In Colorado, the law governing the sale and leasing of vehicles is designed to ensure that all entities engaging in these activities are subject to regulatory oversight, regardless of their size or business model. This comprehensive approach means that any individual or organization involved in the sales or leasing of vehicles must adhere to the state's licensing requirements, ensuring consumer protection and fair business practices.

This includes not just traditional dealerships with physical locations, but also individuals or businesses that sell or lease vehicles without a brick-and-mortar presence. The law recognizes the diverse ways in which vehicle transactions can happen in today’s market, accommodating both established businesses and those operating online or in alternative formats.

This inclusivity helps maintain a level playing field within the marketplace, fostering transparency and accountability among all sellers and lessors of motor vehicles. As a result, the requirement applies broadly to anyone involved in the transaction process, promoting ethical dealings and ensuring that consumers are operating within an environment that prioritizes their rights and interests.