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Red Tape or such
My friend from Nepal was explaining to me how one of the neighbors can purchase a new motorcycle, delivered to the United State from a foreign county (Asia mainly but one bike was a BMW), disassemble it here then ship it back to some Asian country in parts, reassemble it and sell it for less because of taxes and make a profit:whacked:.
His wife's car cost $60K, in Nepal, but with a guaranty to be repurchased from the seller because the car will be worth more in 5 years:eek:. Only for certain makes and models.
Legal or not, I don't know - but for a profit with all the back and forth, assemble disassemble! Wow!
If it's BS the guy down the street has been wasting his days for years.
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That's pretty crazy! I wonder how they figured that angle out??
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He said something about the high taxes to purchase new. So perhaps you buy the bike back in parts and reassemble it, then drive it on a fake tag or something. He moved back to Nepal, that's when he told me about his wife's car purchase. It was for a used Toyota Corolla or something that you could have bought here for $5K at the time. I have a Yamaha Maxim (1982) 750. He said his foreign friends will pay top dollar for it like it was a classic Harley to them.
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So you take a used Toyota for $5k disassemble it and ship it to Nepal and $60K minus shipping profit? I guess something like that. Perhaps customs for a whole bike or car is high? I don't know anyone who is shipping cars just bikes. I was just using the Toyota as a hypothetical example.
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If "they" are doing it, the money must "work"! I would assume the shipping to be killer! I guessed wrong!