Florida law 501.976(18) requires that our state mandated dealer fee disclosure accompany the dealer fee in all sales documents. The failure to include the “costs and profits” disclaimer is a technical violation of the Florida Deceptive and Unfair Trade Practices Act. So whenever you break out your dealer fees on a RISC or lease contract this disclosure must be made. Failing to do so theoretically renders the charge an unlawful one, thus opening the door to consumer collection practices act claims.
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