I have seen used car dealers that take/sell bikes on trade and they have put their dealer tags on them...the bike is owned by the dealership...I think the LEO's would let you slide out of courtesy for a test ride, but I wouldn't push it...
I Traded cars so many times in a two year period once, the State of Florida told me I would have to get a dealer plate on the next transaction, if I bought/sold another car in the next 6 months.
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