Paying the $2k= in tax & fees complicates this issue. It's your order so even if you did not put any money down, you are in control If you want to flip.Assuming you already own another working vehicle, would you flip your Mav for a profit? Scenario: I bought my MAV @ Chapman 4% under invoice. I went to the parts department at the local dealer, and while I was waiting the used manager came up and said they would give me 2k over MSRP if I sold my truck.
After doing some quick rough math.I would come out with a little over 2k profit after taxes paid.![]()
It's not much, but I'm also on the fence about ordering a Hybrid, instead of sticking with my Ecoboost.
Thoughts?
1) You could buy it in your name then sell to someone else but this creates the double tax situation and less profit for you.
2) Don't pay the tax but assign your right to buy the truck still brand new to someone else. Assignment is done all the time, I do not see anything on the order sheet that prohibits this. Assignment has value so you can collect a fee in advance from whoever wants to buy it, unless its your dad I guess.
3) Tell your dealer you will let them sell it off their lot instead of taking delivery and paying tax, as long as they split their profit with you. They will probably get up to an extra 10k. Just make sure whatever they agree to is in writing, including seeing the final sales contract (with private info blacked out) to keep them honest ...unless you trust car dealers of course.
No matter what, please no one should tell their dealer you do not want the truck anymore. In this strange world vehicles have become assets and don't depreciate 5k off the lot like they used to. Changing you mind is OK, don't let them know your thoughts. I doubt you would give a stranger an asset like a gold bullion bar for free. You should not give up control of this asset for free either.
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