Submitted by Traditional_Link_555 t3_10q1e74 in personalfinance
Traditional_Link_555 OP t1_j6n8vdu wrote
Reply to comment by MarcableFluke in How Bad Of a Financial Decision Would it be for my partner to buy a car? by Traditional_Link_555
Partner makes roughly 50k/yr and cost of the car to buy in Florida would be ~15k depending on condition/mileage. Same vehicle cannot be found for less than 23k in Georgia.
MarcableFluke t1_j6nbv9c wrote
So someone could make up to $8k by just transporting a car one state over? Color me skeptical.
Traditional_Link_555 OP t1_j6ncpzq wrote
I can’t speak to that, all I can say for certain is that the make/model of the vehicle they are looking at sells for much cheaper in Florida than it does in Georgia.
MarcableFluke t1_j6ndon3 wrote
Sounds like an amazing money making opportunity through arbitrage. What make/model?
Traditional_Link_555 OP t1_j6ne9v4 wrote
A Subaru Crosstrek - ideally 2016-2019 model year range.
BlazinAzn38 t1_j6nlpzx wrote
I just went on Autotrader and used an Atlanta zip code and a 200 mile range and there’s plenty of cars in that range with average yearly mileage for less than 23K
Traditional_Link_555 OP t1_j6nlwc5 wrote
Maybe I just completely whiffed my search parameters then, cause last time I checked it was outrageous the difference. Thank you for your input!
tutorquestion90 t1_j6nfdi4 wrote
Buy it in Florida and drive it to Georgia?
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