License revoked for Pound-based wholesale dealer

POUND – The Wisconsin Department of Transportation Division of Motor Vehicles (DMV) revoked the wholesale dealer license of B and M Auto LLC at 4055 County Rd. CP in Pound, for violating state law when they failed to maintain a dealer bond.

Wisconsin law requires wholesale dealers to carry a security bond to ensure if they commit illegal actions, such as rolling back an odometer or making an illegal sale. A consumer may file a claim against their bond to recoup money lost. Maintaining a bond is a standard business practice and an added security measure that is meant to protect consumers.

DMV’s Dealer and Agent Section licenses and regulates dealers in Wisconsin. DMV also supports consumers by investigating complaints about odometer tampering and title fraud that involve dealerships and private sellers. It also works to resolve disputes about dealership sales and warranty repairs.

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