If an abandoned motor vehicle or junk motor vehicle is not reclaimed as provided above, the enforcement agency in possession of the abandoned motor vehicle or junk motor vehicle shall sell it either at a public auction or to a licensed salvaged yard or demolisher. The purchaser of such motor vehicle shall take title to such motor vehicle free and clear of all liens and claims of ownership and shall receive a sales receipt from the enforcement agency which disposed of such motor vehicle. The sales receipt at such sale shall be sufficient title only for purposes of transferring such motor vehicle to a licensed salvage yard or to a demolisher for demolition, wrecking or dismantling, and no further titling of such motor vehicle shall be necessary by either the purchaser at the auction, the licensed salvage yard or the demolisher, who shall be exempt from the payment of any fees and taxes required pursuant to West Virginia Code 17A-3-1 et seq.; provided, that the purchaser at the auction shall place such motor vehicle in the possession of a licensed salvage yard or demolisher within twenty days from the date he purchases such motor vehicle; and if such licensed salvage yard or demolisher does not demolish such vehicle, such licensed salvage yard or demolisher shall be required to pay all fees and taxes required pursuant to West Virginia Code Article 17A-3. (1984 Code 9-3-7)