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New Hummer EV Reservation

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Old 10-14-2023 | 08:12 AM
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Default New Hummer EV Reservation

2 1/2 years ago I reserved a Hummer EV and I just got notice that it is time to place my order. I reserved it on a bit of a whim and now I have no interest in going through with the purchase. From what I understand, there is a backlog of years on them. I do not know what the mechanics of it would be, as GM has put in some safeguards relating to transferring or selling reservation spots, but I suspect there is a workaround somehow. The one thing that I do like about them is the 4 wheel steering. On a larger SUV, that could be handy.
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Old 10-14-2023 | 12:11 PM
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Originally Posted by 36Tango
2 1/2 years ago I reserved a Hummer EV and I just got notice that it is time to place my order. I reserved it on a bit of a whim and now I have no interest in going through with the purchase. From what I understand, there is a backlog of years on them. I do not know what the mechanics of it would be, as GM has put in some safeguards relating to transferring or selling reservation spots, but I suspect there is a workaround somehow. The one thing that I do like about them is the 4 wheel steering. On a larger SUV, that could be handy.

There is a white one for sale in Osage Beach (800 miles on it) and my friend is a dealer in Michigan, he has two of them on his lot.

Joe
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Old 10-15-2023 | 05:33 AM
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Originally Posted by 36Tango
2 1/2 years ago I reserved a Hummer EV and I just got notice that it is time to place my order. I reserved it on a bit of a whim and now I have no interest in going through with the purchase. From what I understand, there is a backlog of years on them. I do not know what the mechanics of it would be, as GM has put in some safeguards relating to transferring or selling reservation spots, but I suspect there is a workaround somehow. The one thing that I do like about them is the 4 wheel steering. On a larger SUV, that could be handy.
Vehicles come new with a Certificate of Origin. If you pay for the vehicle upfront, don't title it, and wait out the no resale time period, it would still be considered a new vehicle when you went to sell it. The Certificate of Origin is used to send off for a title.
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Old 10-15-2023 | 06:35 AM
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Buy the truck and resell after for a profit! We are still in this type of market! See it as an investment !
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Old 10-15-2023 | 09:23 AM
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Originally Posted by jeff32
Buy the truck and resell after for a profit! We are still in this type of market! See it as an investment !
I have too many other things going on to deal with it. I would just hate for the reservation to go to waste if there was anybody that wanted to use it. I am not selling it, just giving it to anybody that wants it and can figure out a way to use it.
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Old 10-16-2023 | 09:20 AM
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set up new LLC purchase vehicle ... sell shares(100%) of LLC ... should be a good work around
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Old 10-16-2023 | 11:18 AM
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Originally Posted by jeff32
Buy the truck and resell after for a profit! We are still in this type of market! See it as an investment !
But I'd say we are coming to the end of new car flipping and by the time it gets built it could be over. I'd be worried about taking a loss if you were planning to flip it.

Bring a trailer is selling Bronco Raptors for MSRP now (last year 40K over was happening). Regular 911s are bascially back to MSRP and even lightly optioned Ferraris are sticker also.
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Old 10-16-2023 | 12:21 PM
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I don’t want to deal with it, nor am I looking at selling it. If somebody wants to use the priority it is free for the taking.
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Old 10-17-2023 | 12:15 PM
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Originally Posted by Jupiter Sunsation
But I'd say we are coming to the end of new car flipping and by the time it gets built it could be over. I'd be worried about taking a loss if you were planning to flip it.

Bring a trailer is selling Bronco Raptors for MSRP now (last year 40K over was happening). Regular 911s are bascially back to MSRP and even lightly optioned Ferraris are sticker also.
the market righting its self from the idiots over paying.
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Old 10-17-2023 | 04:30 PM
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Originally Posted by caseyh
the market righting its self from the idiots over paying.
One sold today for $7000 over MSRP........flipping is over on the electric hummer (actually all EVs)
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