<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by Brian Baker:All retail businesses, regardless of state, pay some sort of inventory tax. In the case of a car lot, how else would they provide proof of posession for inventory? </div></BLOCKQUOTE>
Precisely. Thank you for proving my point. They would not want titles in their name for precisely the reason you just mentioned.
They provide proof of possession through a company that sponsors their floor plan. In most cases, that company holds the open title, because they also finance(read: OWN) the vehicle.
Besides, that actually makes you think the dealership owns ANY vehicle that they sell?
Next.
