Entrepreneurs want to make money so they have been known to call people, even those half way across the country, and offer them money if they would buy these luxury cars. Many times the people approached live paycheck to paycheck or don’t even have jobs. They walk into a dealership and pay cash for the car. The DMV paper work goes through. Then they sign papers selling the car to the exporter who gave them the money in the first place. You would think that, now that it is a used car, the exporter would be free to do what he wants. Not so fast. You still have to comply with the law. If the government thinks the car is being exported improperly, it is going to go after everyone in the chain of title. In fact, the government has been cracking down on exporters, but, the results are not stellar. The ultimate question is, do you feel lucky? Well do ya?
Maybe the question is, do you feel lucky? Land Rovers are big sellers over seas. Some entrepreneurs have tried to capitalize on that. They buy Land Rovers, Defenders seem to be a favorite, and then they try to export these luxury cars to China. The only problem is manufacturers forbid their dealers from exporting cars. Dealers caught exporting cars may be penalized monetarily, lose future inventory, and may even have their franchise terminated. Sometimes individuals try to buy these cars and export them overseas. This opens them up to being arrested by the Secret Service or customs agents.
Entrepreneurs want to make money so they have been known to call people, even those half way across the country, and offer them money if they would buy these luxury cars. Many times the people approached live paycheck to paycheck or don’t even have jobs. They walk into a dealership and pay cash for the car. The DMV paper work goes through. Then they sign papers selling the car to the exporter who gave them the money in the first place. You would think that, now that it is a used car, the exporter would be free to do what he wants. Not so fast. You still have to comply with the law. If the government thinks the car is being exported improperly, it is going to go after everyone in the chain of title. In fact, the government has been cracking down on exporters, but, the results are not stellar. The ultimate question is, do you feel lucky? Well do ya? |
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