Dealerships Law and Legal Definition

A dealership is generally any authorized facility at which a franchisee offers for sale or lease, displays for sale or lease, or sells or leases a product of a manufacturer, typically in the manufacturer's name. It is a sales agency authorized by the manufacturer of the product. Dealerships are refered to as quote-driven because the dealer is a price-setter competing with other dealers for the best price among other dealer's quotations.