Lexus/TFS lease buyout confusion

[jeisensc]

@pursuit2550

The TFS rep told me that’s a FL law that the vehicle must be bought through a dealer. Is there any truth to this

Yes

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.

I don’t know, but assume that SETF’s HQ in Deerfield beach must count as a “branch”, and they have a dealer’s license?