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re: spinoff thread: selling car to family member, dealership offering to facilitate the deal

Posted on 8/22/25 at 3:36 pm to
Posted by Kafka
I am the moral conscience of TD
Member since Jul 2007
157377 posts
Posted on 8/22/25 at 3:36 pm to
When I was a kid my mother caught me facilitating
Posted by AncientTiger
Mississippi- Louisiana - Destin
Member since Sep 2016
2104 posts
Posted on 8/22/25 at 3:41 pm to
If allowed as a “ pass through “ trade, you benefit from a sales tax savings.

The dealership has ALL the risk, liability and responsibility for paperwork, title, etc. ( a transaction fee of $500 is common)

A win, win for you.
Posted by akimoto
Thibodaux
Member since Jun 2010
631 posts
Posted on 8/22/25 at 10:00 pm to
They get to ensure they make a sale by helping you out. There’s potential they can sell your family member an extended warranty. And of course they maybe able to get the financing for your family member. Doesn’t take much effort on their part.

I bought my wife’s cousins truck in this manner. He had to sell his truck to get into a cheaper vehicle and I needed a truck. Process was easy on my part. I showed up, told them our agreed upon price and that I had secured financing through my credit union. They came back and beat the rate, so they gained a new financing account they didn’t have to work for. I bought the extended warranty, which in hindsight was a waste of money or I just got lucky and nothing ever broke. The worst part about the deal was they couldn’t get the cousin’s financing situated, so eventually they finished my paperwork and I walked out the door.
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