Possibly Selling my car and shipping to St Lucia.

[JStang]

I have a guy in St Lucia (Caribbean island) interested in buying my car. Apparently, cars that are over 3.0L are taxed at a much higher percentage to the tune of about 125%. So if he bought my car at my asking price of $28,500 he would be paying almost $65k for it when it's all said and done

He wants me to help him out with the bill of sale so he isn't taxed so heavily. Would it be legal to sell the mods on the car separately for $10k and the car separately for what it is worth which is approximately $18,500?

[Deathboy]

Probably not I wouldnt do anything that may or may not be ilegal. Sounds kind of shady. You should be carefull with international buyers. Hope hes not paying via Pay-Pal.

[JStang]

Originally Posted by Deathboy

Probably not I wouldnt do anything that may or may not be ilegal. Sounds kind of shady. You should be carefull with international buyers. Hope hes not paying via Pay-Pal.

I would definitely not ship the car until the money has cleared and confirmed by the bank.

[Deathboy]

The pay-pal thing is a huge scam they deposit the money and then remove it the same day. You are the seller here he is the buyer, his tax in his country is his problem. You shouldnt go modifying a bill of sale, to get a sale. If he wants the car bad enough he will buy it regardless of the tax. If hes not willing to do that then move on to another buyer. Its a Jungle out there, you have to protect yourself as a seller.

[Deathboy]

Originally Posted by JStang

I would definitely not ship the car until the money has cleared and confirmed by the bank.

For sure 100% of Funds must clear before you release the car to a buyer or his or her shipping company.

[italia]

Open an account with your bank. Have him wire transfer the funds to that account. Move the funds immediately to another account. Close the first account. Coordinate this with your bank.

[Deathboy]

Originally Posted by italia

Open an account with your bank. Have him wire transfer the funds to that account. Move the funds immediately to another account. Close the first account. Coordinate this with your bank.

+1 Sounds like a good way to give yourself some extra protection.

[P1]

It could be 100% legitimate, but why start this process? It'll be much easier if you just dealt with someone locally. Scammers are clever these days, and you'll have an American-sounding fella on the phone speaking perfect English, calling you from a known local area code.

Girl who lives next door almost lost $3K last weekend this way. It was actually Western Union who decided not to wire the money because it sounded fishy, which saved her ass.

[immx]

Originally Posted by JStang

..... cars that are over 3.0L are taxed at a much higher ....

I hate to state th obvious, but isn't yours 2996cc therefore under 3ltr?

[Deathboy]

Originally Posted by immx

I hate to state th obvious, but isn't yours 2996cc therefore under 3ltr?

Good point.