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FL S0226
Bill
Status
Introduced
10/17/2025
Primary Sponsor
Carlos Smith
Click for details
AI Summary
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Amends the Motor Vehicle Warranty Enforcement Act definition of "purchase price" to change the reference source for trade-in vehicle valuations
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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
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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
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Requires manufacturers to provide the applicable J.D. Power valuation (previously required to provide NADA book)
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Effective date: July 1, 2026
Legislative Description
Trade-in Vehicle Valuation
Last Action
Introduced
1/13/2026
Full Bill Text
No bill text available