My friend wants to get the Nismo Z and can get payments waived till Jan and then wants to turn around and sell it for MSRP. I told him unless he got it for less than that he may take a hit. Any thoughts?

 

I have a few thoughts on this but it's best to keep them to myself.

 

This might work assuming he doesn't drive the car at all, but even then it wouldn't matter because the car would be considered used because it would have been titled already by Jan 08. Basically, this is a really pointless plan.

 

If you like your friend then tell him .....NO WAY IN HELL !!!

If you don't like him then let him do it.....And laugh your A$$ off when he's Upside-Down !

Just my

Have fun with this one.

 

Don't do it.

 

lol, tell your friend to stay away from ever getting into any kind of retail/resale business.

 

Ditto to all.

 

tell him to do it.

i promise i'll buy it for MSRP when the time comes around for him to sell.

 

he will take a couple thousand dollar hit GUARANTEED. Regardless of miles, used is used and no one will play close to msrp when they can get a new one from dealer.

 

find the customer first then take a down payment from him/her. go get the car when time comes tell that person the car is ready and have them give you the rest of the money then. after that your friend will wake up and would have seen an awsome fantasy dream.

 

+1

 

should have just slapped him in the face when he came up with that idea

 

your friend is an idiot

 

i'm assuming that your friend has never bought a car before. ulness it's an enzo, it's a rediculous idea.

 

Probably not his friend that wants to do this, I bet that its the OP that was thinking of doing this and didnt want to look like an idiot on here. LMAO

 

He could go rent a Z from Hertz or somewhere for less than his proposed "SUPER GENIUS" plan. I hope he is not serious.

 

Always begin a dumb question with “My friend…”

 

yup!

 

I'm a sales manager at a car dealership and my advice is DO NOT DO IT...first off, he's probably paying MSRP or even higher for the car....and to top it off, he has to pay TT&L when he purchases the vehicle, and then with the payment deferment until January, depending on which way they do the loan contract, he will either have the interest accrue from day one and have his first payment in January...or they cut him back some money to pay for the months until Junuary, in that case, they'll jack the price of the car up some more...in any case, with the interest added onto the vehicle and not getting paid until January, his payoff will be MUCH higher than the MSRP of the car...meaning, he'll be upside down, buried, whatever you wanna call it...and at that point, first off, no one would buy a used car at MSRP, and if they do, he will have to put out several thousand dollars to cover the difference between MSRP and payoff because his buyer will not be paying the TT&L to him (they'll pay it to the state) and, again, on top of that, the interest accrued.

Then again, if your friend is putting about $5000 - $7000 down to cover his TT&L and interest, then good luck to him finding a buyer who'll buy a used car at MSRP in January!!!