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Dealer and title question.

Started by jwwseville60, October 26, 2024, 08:59:27 AM

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jwwseville60

A FLA classic car dealer has a Caddy for sale. He bought it from another dealer in NJ. Now the car is in FLA with a Wisconsin title.
Is this legal or a FLA tax dodge?

Lifetime CLC

Eric DeVirgilis CLC# 8621

The sales tax question is irrelevant if all the parties involved are licensed dealers. Here in PA, dealers are required to apply for a PA title within 10 days of acquisition of an out of state vehicle. Other states do not have this requirement and can legally reassign out-of-state titles. I know for a fact FL is one of them. The seller of the '65 Fleetwood in the case you're referring to is located in SC where presumably the same policy applies.
A Cadillac Motorcar is a Possession for which there is no Acceptable Substitute

jwwseville60

Just wanted to check on this. Thanks.
Lifetime CLC