Ferrari Financial Services, Inc. v. Auto Vault, Inc.
A luxury car dealership bought a Ferrari from an individual days after he financed it, relying on CARFAX and Florida motor-vehicle searches that showed no lien and on the seller's undocumented assurance he had paid cash. The trial court granted summary judgment declaring the dealer a bona fide purchaser free of the lender's lien; the First DCA reversed, holding a genuine dispute existed over whether the dealer had implied notice sufficient to trigger a duty of further inquiry.
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