06 BMW M5: Short term deal for local known member - Page 3 - 6SpeedOnline

Apr 16, 2007 | 12:05 AM

#31

Hossfly

Registered User

Joined: Aug 2003

Posts: 3,781

From: Texas

Rep Power: 189

Quote:

Originally Posted by SteveH

what would possess someone to post this in my classifieds post?

Pure ******baggery.

Back to the insurance thing - that could ultimately be a real hurdle.

Apr 16, 2007 | 12:31 AM

#32

trovan

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Joined: Sep 2004

Posts: 2,956

From: SoCal

Rep Power: 143

Quote:

Originally Posted by SteveH

i have no idea to be honest. i'll figure the insurance thing out if someone is interested. not gonna waste time on it until then.

steve, we did something similar a while back. however, in california, one cannot get an individual insurance coverage on a vehicle unless their name is on the registration. so the only way it would work is for this person's name to be added to your policy with both of your names on it. at least this is what i was told. don't mean to change the topic of your thread but since it was brought up.

Apr 16, 2007 | 12:33 PM

#33

Hossfly

Registered User

Joined: Aug 2003

Posts: 3,781

From: Texas

Rep Power: 189

Quote:

Originally Posted by Marc997GT3

This is not an issue at all anywhere..simple way to deal with it...PM if u need clarification.

Oh, I know there are ways to deal with it, but it creates exposure for Steve.

Apr 16, 2007 | 06:54 PM

#34

oc997

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Joined: Feb 2007

Posts: 287

From: USA

Rep Power: 34

That seems like a very very expensive short term lease with some insurance complications and laibility issues tied to it.

Apr 16, 2007 | 07:29 PM

#35

Jimbo

Registered User

Joined: Oct 2006

Posts: 4,058

From: Chicago

Rep Power: 195

Quote:

Originally Posted by oc997

That seems like a very very expensive short term lease with some insurance complications and laibility issues tied to it.

As stated previously. Please let me refer to this quote...

Quote:

Originally Posted by Secure

Its a deal when you consider the high level view.....no credit required, just drop some cash and have a bad *** car to drive for 10 mos. no questions asked. Someone will do this and enjoy the car for 16k miles and drop it like its hot. I just wish that someone was me.......its a pure baller deal really. If you dont have the cash get the f*ck back to OT.

Which is where I am headed. GLWS Steve

Apr 16, 2007 | 08:39 PM

#36

nathanc4s

Registered User

Joined: Sep 2006

Posts: 233

From: scotts valley CA.

Rep Power: 29

nathanc4s is infamous around these parts

I think that if any of you out there are like me this is a very sweet deal. Because if you go out and but a new one and 8 or 9 months later you bored with it, i would bet that your hit that you would take would be much grater than 25k..So in all reality this is in fact a great deal for someone. So either take the guy up on his generosity or leave him alone..