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Content Overview

Understanding Florida Buyers Order

  1. What is the purpose of the Florida Buyers Order form?

    The Florida Buyers Order form serves as a contract between the buyer and the dealer for the purchase of a vehicle. It outlines the terms of the sale, including the vehicle's details, purchase price, and any warranties or disclaimers. This document is essential for ensuring that both parties understand their rights and obligations regarding the transaction.

  2. What does "AS-IS" mean in the context of the Buyers Order?

    When a vehicle is sold "AS-IS," it indicates that the buyer accepts the vehicle in its current condition, with all faults and without any warranties from the dealer. This means that the dealer is not responsible for any repairs or issues that may arise after the sale. Buyers should thoroughly inspect the vehicle and consider obtaining a third-party inspection before finalizing the purchase.

  3. Are there any warranties associated with the vehicle purchase?

    The only warranties applicable to the vehicle are those provided by the manufacturer. The dealer explicitly disclaims all other warranties, including implied warranties of merchantability or fitness for a particular purpose. Buyers should review the manufacturer's warranty details and understand that it remains unaffected by the dealer's disclaimers.

  4. What should I know about trade-ins when completing the Buyers Order?

    When you trade in a vehicle, you must provide accurate information regarding its condition and history. The form requires you to confirm that the trade-in has not been involved in accidents or major repairs. Misrepresentation can lead to issues with the transaction, so it is crucial to be honest about the trade-in's condition.

  5. What are Financing Approvals, and why are they important?

    Financing Approvals refer to the necessary approvals required for the dealer to secure financing on behalf of the buyer. The retail installment sales contract (RISC) will typically be assigned to a financial institution. If the dealer cannot obtain these approvals, the buyer may need to seek financing independently. This process is crucial as it can affect the terms of the sale and the buyer's financial obligations.

  6. What happens if I sign the Buyers Order?

    By signing the Buyers Order, you acknowledge that you have read and understood all terms and conditions outlined in the document. It signifies your agreement to the purchase, including any disclaimers and warranties. The order is not binding until it is executed by the dealer's manager, so ensure you are comfortable with all aspects of the agreement before signing.

Common mistakes

  1. Neglecting to Provide Accurate Personal Information: Buyers often fail to enter correct details such as their name, address, or contact information. This can lead to complications in communication and documentation.

  2. Overlooking the Vehicle Information: Buyers sometimes skip or incorrectly fill out sections related to the vehicle, including the VIN, make, model, and year. This information is crucial for identifying the vehicle being purchased.

  3. Ignoring the AS-IS Clause: Many buyers do not fully understand that the vehicle is sold "AS-IS." They may assume that warranties apply when, in fact, the dealer disclaims all warranties.

  4. Failing to Review the Trade-In Details: Buyers may forget to provide accurate information about their trade-in vehicle, including its condition and any liens. This can affect the overall transaction and financing.

  5. Missing Signatures: It's common for buyers to forget to sign the form or have a co-buyer sign. Without proper signatures, the order may not be valid.

  6. Not Understanding Financing Terms: Buyers often overlook the financing section, which includes important details about interest rates and payment obligations. Misunderstanding these terms can lead to financial issues later.

  7. Disregarding the Importance of Reading the Entire Document: Many buyers do not take the time to read the entire order, including all terms and conditions. This can result in unexpected obligations or misunderstandings about the purchase.

How to Use Florida Buyers Order

Completing the Florida Buyers Order form is a crucial step in the vehicle purchasing process. After filling out this form, the next steps typically involve reviewing the details with the dealer and finalizing the sale agreement.

  1. Date: Enter the current date at the top of the form.
  2. Customer Information: Fill in the customer’s name, date of birth, address, city, state, and ZIP code. Repeat the same for the co-customer, if applicable.
  3. Email: Provide email addresses for both the customer and co-customer.
  4. Phone Numbers: Enter home and work phone numbers for both the customer and co-customer, along with the county of residence.
  5. Vehicle Information: Input the stock number, year, make, model, body type, color, and VIN (Vehicle Identification Number). Specify if the vehicle is new, used, or a demo.
  6. Salesperson Information: Fill in the names of the salespersons involved in the transaction.
  7. Purchase Information: Indicate the cash price of the vehicle and any accessories. Include additional fees such as the predelivery service fee and electronic registration filing fee, if applicable.
  8. Vehicle Disclosure: Acknowledge the used vehicle disclosure if applicable, confirming that the vehicle is sold "AS IS" and with all faults.
  9. Trade-In Information: If applicable, provide details about any trade-in vehicle, including year, make, model, color, VIN, and mileage.
  10. Financing Information: Specify whether financing will be secured through the dealer or another entity. Provide details about any liens on the trade-in vehicle.
  11. Signatures: Ensure both the customer and co-customer sign the form, acknowledging that they have read and understood all terms and conditions. The manager must also sign to finalize the order.

File Specs

Fact Name Description
Governing Law The Florida Buyers Order form is governed by Florida Statutes Chapter 501, which includes consumer protection laws relevant to sales transactions.
As-Is Sale This form states that the vehicle is sold "AS-IS," meaning the buyer accepts the vehicle's current condition without any warranties from the dealer.
Warranty Disclaimer The dealer disclaims all warranties, both express and implied, including any implied warranties of merchantability or fitness for a particular purpose.
Manufacturer's Warranty Any warranties applicable to the vehicle are solely those provided by the manufacturer, and the dealer's disclaimer does not affect these warranties.
Used Vehicle Disclosure For used vehicles, the dealer does not guarantee the vehicle's history, condition, or prior maintenance, and the buyer is encouraged to obtain a vehicle history report.
Financing Options Buyers may secure financing through the dealer or a third party, with the understanding that the dealer may receive compensation for facilitating financing.
Trade-In Acknowledgment Customers must warrant that their trade-in vehicle has not been involved in significant accidents or repairs, and that it meets the conditions specified in the order.
Deposit Policy A deposit made by the buyer holds the vehicle for 24 hours, preventing its sale to another customer during that time.
Arbitration Agreement The form includes a binding arbitration clause, requiring disputes to be resolved through arbitration rather than through litigation.
↓ Florida Buyers Order PDF Form

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