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Florida dealer law

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04-08-2008, 07:49 PM
w&bknocke
Florida dealer law
I have heard that in Florida , if a dealer makes a cash sale it is not final and binding until the unit is driven off the lot. Does anyone know if this is true?
Thanks
Wayne K
Port Orange Fl
P.S. the 93 Regency is still in Ocala and still over priced.



04-08-2008, 08:10 PM
Rusty
I used to insure dealers in FL; AFAIK, the transfer of ownership, regardless of payment mode, occurs when the dealer signs the title (used) or MSO (new) and the new owner signs the Application for Title. I bought five cars from dealers (bought by them accompanied by me at auctions), and none every touched the dealer's lot. All were cash deals.


Rusty

MilSpec AMG 6.5L TD 230HP; built-to-order by Peninsular Engines: Hi-pop injectors, gear-driven camshaft, non-waste-gated, high-output turbo, 18:1 pistons. Fuel economy increased by 15-20%, power, WOW!"StaRV II"

'94 28' Breakaway: MilSpec AMG 6.5L TD 230HP

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