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SB 226FLORIDA · STATEWIDESession 2026dead

Changes to How Trade-in Vehicle Values are Calculated

Original title: Trade-in Vehicle Valuation

March 13, 2026

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The Frame

What this does

This change affects how much money a consumer may be entitled to under the if they return a defective vehicle, as it replaces the outdated NADA guide with J.D. Power valuation standards.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Vehicle consumers

Consumers using the Motor Vehicle Warranty Enforcement Act have their trade-in valuation methodology changed.

Vehicle manufacturers

Manufacturers are required to provide J.D. Power valuation data when a trade-in value is disputed.

What changed

Last recorded activity March 13, 2026.

What's next

Introduced.

Summary

This bill updates how the '' of a vehicle is calculated under Florida's Lemon Law by changing the required valuation source for trade-in vehicles. It mandates that if a consumer and manufacturer cannot agree on a trade-in value, the value must be based on J.D. Power retail pricing.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Why It Matters

This change affects how much money a consumer may be entitled to under the if they return a defective vehicle, as it replaces the outdated NADA guide with J.D. Power valuation standards.

Frequently Asked Questions

How is the trade-in value determined if I disagree with the manufacturer?
The value must be set at 100 percent of the retail price listed in the J.D. Power valuation for the vehicle at the time of the trade-in.
Who is responsible for providing the valuation book?
The manufacturer is responsible for providing the applicable J.D. Power valuation.

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Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift90% confidence

Modernization of Valuation Standards

The bill reflects a shift from legacy NADA guides to J.D. Power as the primary industry standard for vehicle valuation in state law.

Connected Entities

Sources

Open source document

openstates.org

Analysis Score

0–100
  • Significance40
    How much this matters to a regular citizen
  • Controversy10
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz10
    Current news / social attention level

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