The provisions of this chapter do not apply to any transaction in which a person, firm or company sells new, unused articles, not previously sold at retail, and receives or takes in used articles or trade from purchasers of the new articles against the purchase price of the new articles which are sold for their fair market value which is of higher value than the used or traded article.
(1957 Rev. Ords., § 9.1102; 1992 Code, § 28-4) (Ord. 45-94, passed 5-23-1994; Ord. 54-11, passed 7-18-2011)