Sec. 40. (a) "Transfer dealer" means a person that is not engaged in the business of selling motor vehicles but, as a result of the person's primary business, has cause to sell, offer to sell, or advertise for sale at least twelve (12) motor vehicles during a twelve (12) month period.
(b) The term does not include:
(1) a manufacturer;
(2) a distributor;
(3) a converter manufacturer;
(4) a watercraft dealer;
(5) an automotive mobility dealer;
(6) an automotive auction;
(7) a person engaged in the business of:
(A) storing vehicles;
(B) furnishing supplies for vehicles;
(C) providing towing services for vehicles; or
(D) repairing vehicles; or
(8) a person whose primary business is selling motor vehicles.