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  • Nice!

    So, I just found out I'm eligible to get a tax free car from the US, I can buy directly from Volvo factory (in Sweden), in dollars, tax free. THat means I could get a brand new XC90 for little over 20k (euros). It goes in here for over 80k. Half year in my moms name and registered in states, and I could ship it in here. Then, 18 months in here and I could sell it. I just checked out, 2005 model goes aroudn 55k still, with 150 thousand km's driven. Mine would be 2009, and in 18 months I doubt less than 50k km driven. Man, I could make a total killing with it.

    Not only that, but I'm coming to the States (once again!) in a year or so, so then I could also get another XC90 in my own name and bring it, so I could have 2 of them. Not only that, but my gf might come there with me as well, who would also be eligible for that tax free car, so let's get a third XC90. Let's sell them all in 2 years, say we could get, a very conservative estimation, at least 65k per car. Easily. 3 x 65k minus shipping (less than 10k for all of them), minus 60k. And not really doign anything, except little paper work, and then holding on to them for 18 months in here.



    THat, plus we're thinking about buying an apartment soon in my city, so if she coudl also come with me to the US with her job, we could rent it out for a year and let someone else pay our loan. And since neither of us would have to pay rent, plus we'd get tax free daily money (abroad assignment), if we would then just pay the same amount of monthly loan money like we usually would, we'd easily effectively pay 40k that year for that apartment as well. This all in 2 years, with no effort. Man, this thing looks extremely good, plus my mom already said she can do it, the first car. We'd have basically paid our loan for the city apartment in 10 years, which would be close to 300k if we get the really nice apartment we want (in best location in here), and we could sell it then, or even before that, and get all that cash and have tons of money for downpayment for the real dream house we want later on. Plus I could always bring a new car every 2 years, just as extra. One of them I'd like to keep, because I could trade it for a new S-series Benz

    ALl you need to do is look for the loops and holes, and then... capitalize on ALL of them. Yay me
    In da butt.
    "Do not worry if others do not understand you. Instead worry if you do not understand others." - Confucius
    THE UNDEFEATED SUPERCITIZEN w:4 t:2 l:1 (DON'T ASK!)
    "God is dead" - Nietzsche. "Nietzsche is dead" - God.

  • #2
    Down side: Living and working in Georgia.

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    • #3


      Yeah... I was offered a place in Boston, but I didn't want to go there. Not because of the location, but because of the lack of quality.
      In da butt.
      "Do not worry if others do not understand you. Instead worry if you do not understand others." - Confucius
      THE UNDEFEATED SUPERCITIZEN w:4 t:2 l:1 (DON'T ASK!)
      "God is dead" - Nietzsche. "Nietzsche is dead" - God.

      Comment


      • #4
        What does Nice have to do with this?
        DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.

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        • #5
          Well, this situation is extremely nice. I stand here with a possibility of making 130k+ in 2 years, extra, while my annual salary after taxes is like 18k. So that's huge.
          In da butt.
          "Do not worry if others do not understand you. Instead worry if you do not understand others." - Confucius
          THE UNDEFEATED SUPERCITIZEN w:4 t:2 l:1 (DON'T ASK!)
          "God is dead" - Nietzsche. "Nietzsche is dead" - God.

          Comment


          • #6
            When I hear about schemes like this I always think. If he can do it, why aren't 100's or 1000s of other people doing it. There must be a trick. If 100o's of people are doing it, then any economic gain is probably limited.

            So there must be a catch.
            It's almost as if all his overconfident, absolutist assertions were spoonfed to him by a trusted website or subreddit. Sheeple
            RIP Tony Bogey & Baron O

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            • #7
              Well, it can't be turned into a business. My boss just did it and my co-workers did it. It's called tax free car. You can only get one.
              In da butt.
              "Do not worry if others do not understand you. Instead worry if you do not understand others." - Confucius
              THE UNDEFEATED SUPERCITIZEN w:4 t:2 l:1 (DON'T ASK!)
              "God is dead" - Nietzsche. "Nietzsche is dead" - God.

              Comment


              • #8
                Pekka are you sure that when you ship your car to Finland there will be 0% custom's duty.
                Import tariffs especially for luxury cars can be quite high. I think your scheme will still be profitable but the numbers won't be that good.
                Here in Bulgaria it buying cars from the US has become very popular recently. (because of the weak dollar)
                Quendelie axan!

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                • #9
                  Sir, YES. 0%. It will be under my moms name for 2 years. And I can't sell it before that time passes.

                  It's not the same as going abroad, buying a car cheaper and coming back. We have horrible custom's dutys waiting. You get it tax free if you are abroad, have it registered there for 6 months first and THEN ship it here. And no one else can do it for you, you have to have residency there so you can get it registered, and it has to be registered to that same person when you ship it back, meaning you do it yourself for yourself, or you are a husband, wife or a child of that person. Otherwise it's a no go. Otherwise you pay taxes for it and they will kill you.

                  But this way it's totally tax free.

                  rah, and yeah, 100s of people here do it. Basically everyone I know and go to the US for work assignemtn for a year, they all bring cars back this way. Cars are very cheap in there, and VERY expensive in here. Then you have weak dollar vs euro, and all becomes clear. But you can't set up your own export business with this, you can only have one for yourself. Except my method will give me 3. That's the point, to get 3, not just 1.
                  In da butt.
                  "Do not worry if others do not understand you. Instead worry if you do not understand others." - Confucius
                  THE UNDEFEATED SUPERCITIZEN w:4 t:2 l:1 (DON'T ASK!)
                  "God is dead" - Nietzsche. "Nietzsche is dead" - God.

                  Comment

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