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FL S0226

Bill

Status

Introduced

10/17/2025

Primary Sponsor

Carlos Smith

Click for details

Origin

Senate

2026 Regular Session

AI Summary

  • Amends the Motor Vehicle Warranty Enforcement Act definition of "purchase price" to change the reference source for trade-in vehicle valuations

  • Replaces NADA Official Used Car Guide (Southeastern Edition) and NADA Recreation Vehicle Appraisal Guide with J.D. Power as the required valuation source for disputed trade-in allowances

  • When consumer and manufacturer cannot agree on trade-in allowance, the value must equal 100 percent of the retail price as listed by J.D. Power at the time of trade-in

  • Requires manufacturers to provide the applicable J.D. Power valuation (previously required to provide NADA book)

  • Effective date: July 1, 2026

Legislative Description

Trade-in Vehicle Valuation

Last Action

Introduced

1/13/2026

Full Bill Text

No bill text available