Florida car lease laws and fees

[shadowsfan75]

Does any one know the Florida law about “car buy-out” at end of lease ?
1- Must I buy thru a dealer or can I buy directly from the leasing company?
2-If I buy, must I pay to re-register and tag fees-again?
3- If so, why? My registration already has my name and the tags are already on the car and all that is needed is to re-assign the title to my name.( which the leasing compqny “should” do - after they receive my “residual value” car payment. ( Correct?).
4- By Fl. law, at “end of lease buy -out” , which I intend to do-what fees must I pay ( in addition to FL. sales tax?

Thanks in advance for any- info, FL statute referral etc.

[forbs]

It’s Florida,
If you do a simple search here for Florida and Lease you will see tons of posts about the same exact thing. You aren’t the first person to find this out AND / OR try to get out of it.

[jeisensc]

@shadowsfan75

Does any one know the Florida law about “car buy-out” at end of lease ?
1- Must I buy thru a dealer or can I buy directly from the leasing company?

Lease buyout at the dealer?

Florida law requires the bank to have a physical location in the state and a dealer license to sell out the lease. Most banks don’t satisfy that requirement, so it has to go through the dealer.