I have been on the waitlist since July of 2001. I will be granted the first car at my dealership. Due to some changes in my life I'm contemplating selling my waitlist position. I haven't yet talked to my dealer about this. Does anyone know about potential issues with this scenario? Could the dealer refuse to sell the car to someone else that I designate to take my spot?

Thanks for any insight.

 

Yes I believe it is illegal. I think it is called brokering ( though im not sure). The other issue is that you may sell your position to someone, but your dealer doesn't have to honor it. Then that pissed off person is going to come after you.
About the only thing you could do is buy the car, and then sell it immediatly after as a used car.

 

Usually selling your spot in line is a "dick move" (unless you are selling it for the same amount as your deposit). Some people will do anything for a buck. Of course, look in the back of autoweek and you will see ferrari owners scalping their $180k 360 modena's for $225k or more..... or when the new 911tt came out people were hawking those for $150k (msrp of $130 or so).

Just call your dealership and ask them. Now that Mr. STI is on the horizon, I would imagine the demand for the evo being less than what it was originally.

 

When the E46 M3 came out, waitlist spots were listed on eBay like crazy; $ 500 deposits going for thousands of dollars!

 

I'd like to know more about the legality of this move. Also, how feasible is it to actually buy the car, and immediately sell it at a profit? This may work if demand far exceeds supply, which may happen with the STi now being a 2.5 liter, 300 hp/ft-lbs car, especially if the price ends up being under $32k.

 

I'm guessing $34,985 to be realistic. If they sell at 32k it will be very limited an subaur will not have profit on the car.

 

"If they sell at 32k it will be very limited an subaur will not have profit on the car."

Ok, and how do you know this? Do you work for SOA? I guess I will have to take that with a grain of salt considering you can even spell "SUBARU"

 

buying a car to simply sell it is pretty risky. You will have to pay sales tax (unless you live in a sales taxless state - Delaware is one). People have done it with M3's, Z8's, M5's, S2000's, 360 Modena's, etc.....

I personally don't think the demand will be there. if you pay $29,500 for the Evo, plus $1800 in tax = $31,300 Just to break even.....

Goodluck if you try it.

I think the bigger $ cars is where the big gains are. A $120k Z8 was selling for over $150k.

$40k Prowlers were selling for $53k+

 

Would you still buy an E-46 M-3 knowing that at any moment for no known reason the engine could puke.

When I was at Watkins Glen a guy had his brand new E46 M-3 spit a rod out the side of the block as he was up shifting to 4th. Makes me feel all warm inside knowing I have 142k on my car and can still wind it up to 7k with no worries.

 

While a BMW owner and proponent, I will be the first to admit that the E46 M3 had serious issues. It was a pretty big topic on the BMW boards, and there's even a registry online somewhere of blown E46 M3's. To make matters worse, BMW NA is notorious for placing the blame on the driver, thus avoiding warranty repairs.

Kinda hard to blame a misshift on someone driving an SMG

 

To the best of my understanding, the blown engines were from a particular production run; something like October to March of some year. Since, M3's have had no problems.

 

I think for the most part that is correct.