Quote:
Originally Posted by noro
You best bet is you purchase the car at the end and try to sell it. Most likely you will make more that way. A nice 3 year BMW with 20K miles should be relatively desirable.
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As the post above yours states, you will have to pay state sales tax on the purchase prior to you selling it. 5% of $27000 is $1350 and some states are higher. That eats into your profit.
Some dealers will do a 'Buy and Bye' where for a fixed fee ($500??) they will facilitate the transfer through them which will save the OP the cost of sales tax.