pdisme
02-22-2007, 09:54 PM
I've heard Ferrari has a new buyers contract in place to prevent this, but from what you see on ebay, obviously Lambo doesn't. Does anyone know how it generally works? Does someone with $10k to tie up in a deposit go to a real Lambo dealer and order a car on behalf of a used dealer, flip it to them for a profit when it comes in and then they sell it after another markup to the end user?
My car, for example, came from Lamborghini of Ohio and was sold to a guy in California (this is on the warranty card) and I bought it from a 'used car' dealer in South Florida with 67 miles on it.
So did this CA guy buy from out of state to avoid sales tax and then never bring it into the state so he wouldn't have a use tax and organize this all in advance, or do some people just act independently by ordering the car and then shopping it to the highest bidding used card dealer once it's come in?
Regarding Ferrari, I read some of a massive 15 page thread on fchat about some contract they have, which people were debating as to whether it could ever be enforced beyond black balling you if you try to buy another new Ferrari from a dealer, but the gist of it was if you sell the car within the first three years you have to give the dealer the opportunity to purchase it back at the price you paid for it originally, or something along those lines. Some people said it was a good idea because it keeps shady people from buying to flip and will keep the prices on new ones stable, while others of course say it's your car, you bought it, you can do what you want with it and why should Ferrari get to pocket the extra $50k+ the car is worth as soon as you get it in your possession by your having to sell it back to them instead of a third party after you've driven it for six months.
My car, for example, came from Lamborghini of Ohio and was sold to a guy in California (this is on the warranty card) and I bought it from a 'used car' dealer in South Florida with 67 miles on it.
So did this CA guy buy from out of state to avoid sales tax and then never bring it into the state so he wouldn't have a use tax and organize this all in advance, or do some people just act independently by ordering the car and then shopping it to the highest bidding used card dealer once it's come in?
Regarding Ferrari, I read some of a massive 15 page thread on fchat about some contract they have, which people were debating as to whether it could ever be enforced beyond black balling you if you try to buy another new Ferrari from a dealer, but the gist of it was if you sell the car within the first three years you have to give the dealer the opportunity to purchase it back at the price you paid for it originally, or something along those lines. Some people said it was a good idea because it keeps shady people from buying to flip and will keep the prices on new ones stable, while others of course say it's your car, you bought it, you can do what you want with it and why should Ferrari get to pocket the extra $50k+ the car is worth as soon as you get it in your possession by your having to sell it back to them instead of a third party after you've driven it for six months.