Which type of license is NOT issued by the Colorado Motor Vehicle Dealer Board?

The correct answer highlights that a Broker motor vehicle dealer license is not issued by the Colorado Motor Vehicle Dealer Board. In Colorado, the Board specifically issues licenses for various dealer types primarily focused on the sale and distribution of motor vehicles.

A New motor vehicle dealer license is granted to those individuals or businesses authorized to sell new vehicles from manufacturers or distributors. A Wholesale motor vehicle dealer license is issued to those who deal exclusively in business-to-business transactions, providing an essential service in the distribution of vehicles at a different level. A Vehicle auction dealer license is necessary for entities that conduct vehicle auctions, which is a legitimate and recognized sales avenue for motor vehicles.

It's important to clarify that while a Broker may play a role in facilitating deals between buyers and sellers in some states, Colorado does not specifically designate a 'Broker motor vehicle dealer' license under its regulatory structure, which is why this option is the one that does not belong in the list of licenses issued by the Board.