At the Department of Highway Safety and Motor Vehicles (FLHSMV), they state:

"In Florida, a vehicle cannot be legally sold in a private sale if there is an existing lien. For the vehicle to be legally sold, the lien must first be satisfied. Once the lienholder reports to FLHSMV that the lien has been satisfied, the title can be transferred.

Consumers can trade in a vehicle with an existing lien at a dealership. The dealer will have 10 days to satisfy...     

Are you a Floridian who is thinking of trading in their vehicle for something newer? At Duval Buys Cars, we offer our customers top dollar for their used cars, trucks, and SUVs. We are also the experts when it comes to trading or selling a vehicle. If you want to find the most advantageous way of trading in your pre-owned vehicle, you should come to one of our dealership locations. Our team can tell you all about the tax savings you will receive by trading your vehicle in Florida.