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It may or may not be a scam. I have actually done this before for a friend. What we would do is go to the dealership and all you have to do is sign the papers saying you are buying this car. What they are doing is taking this car and importing it to china to sell for a much much higher price! It is not tax evasion since you are paying the car upfront in cash and the taxes are included. Nothing is illegal about it, the only thing is you might get blacklisted from that dealership for a year or so depending on how many times you do it.
Then why would this guy need OP in the first place? No, every scam needs it's pawn. I wouldn't like the fact that the car was tied to me when the IRS comes knocking on your door...
So how'd you pay for this $100K Mercedes? "Some guy on craigslist gave me the money and is selling them in China."
"Oh, so you made a profit, why isn't that recorded on your income taxes?"
"Can I see a W2 from this "employer"...OH! He's running an illegal business and doesn't have a dealers license?
Some people are willing to take risks, some aren't. This is a gray area of the law that some people won't go near. From a moral perspective it seems obvious but if you're afraid of society (or a Mercedes dealership) coming after you, stay home.
Then why would this guy need OP in the first place? No, every scam needs it's pawn. I wouldn't like the fact that the car was tied to me when the IRS comes knocking on your door...
So how'd you pay for this $100K Mercedes? "Some guy on craigslist gave me the money and is selling them in China."
"Oh, so you made a profit, why isn't that recorded on your income taxes?"
"Can I see a W2 from this "employer"...OH! He's running an illegal business and doesn't have a dealers license?
AUDIT time, and the "t" isn't silent.
The guy needs him because, why would a dealership continue to sell him a car if he's going to take that car to China and profit off of it..? If you have worked for any sort of retailer, one thing that they don't allow is selling high value items to a reseller. By hiring someone else to sign, he can still get his cars even though his name is blacklisted by that dealership. Like I said, tax has been paid, you are under a agent contact for the company, it will state that you received money to purchase a car for the company in detail. You are not the owner nor are you liable for any taxes or fees for the car. And when it comes time to getting paid, you are paid in cash. So really speaking, there is no way for the irs to track you down for this whatsoever. As much as it sounds sketchy, this is real and people have been doing it for a while.
I stand up, pull my dick out, and asked my gf to give me some noggin... Well, she starts laughing at me and I freaked out and ran off and locked myself in a bedroom.
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