Buying New MB in Florida Requires Financing?

973 Views 8 Replies 8 Participants Last post by Peter Guenther, Nov 18, 2013

firsttime

Discussion Starter · Nov 14, 2013

Hi,

I believe I have found the 2014 S550 that I would like at a dealer in Florida. The dealer is claiming that although I want to pay cash (wire or cashier's check) for the car, that Florida regulations require anyone from out of state to finance at least half of the price of the car. They are saying that even Florida residents have to jump through alot of hoops to be able to pay cash.

This sounds absolutely crazy to me. Is this dealer simply trying to pick up a share of the financing charges, or has anyone actually heard of something like this? It's a deal breaker for me, because I don't finance my cars and don't want to start now.

If anyone can shed any light on whether or not this is a real thing, I would appreciate it.

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flyboyike

· #6 · Nov 14, 2013

firsttime said:
I figured as much. That seems absurd, and I was almost in shock when the salesman told me that. His exact quote was "I can't sell you the car cash because of exporting reasons. You would have to finance at least half. To pay cash you have to be a local resident and even they have to jump through hoops".

He may be new and/or just incompetent. MBUSA is, indeed, a little sensitive about exporting, but that's not only in Florida. In fact, I recall a document that prohibits exporting the vehicle for 90 days following the purchase (I haven't the foggiest how they would enforce that), but I've never heard of financing being "required".

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