Florida Statutes Section 634.2825 - Motor Vehicle Service Agreement Cost Specified In “price Package.” (Fla. Stat. § 634.2825)

634.2825 Motor vehicle service agreement cost specified in “price package.”—

(1) When the premium or charge for a motor vehicle service agreement or involving such property or merchandise is included in the overall purchase price or financing of the purchase of merchandise or property, the vendor or lender shall separately state and identify the amount charged and to be paid for the motor vehicle service agreement, and the classifications, if any, upon which based; and the inclusion or exclusion of the cost of a motor vehicle service agreement in such purchase price or financing shall not increase, reduce, or otherwise affect any other factor involved in the cost of merchandise, property, or financing as to the purchaser or borrower.

(2) This section does not apply to transactions that are subject to the provisions of part I of chapter 520, entitled “The Motor Vehicle Retail Sales Finance Act.”

History.—s. 8, ch. 2001-281.

Section: Previous  634.2515  634.252  634.253  634.261  634.271  634.2815  634.282  634.2825  634.283  634.284  634.285  634.2855  634.286  634.287  634.288  Next

Last modified: September 23, 2016