Navigating Export Controls: What You Need to Know About New Vehicle Titles

The Expert Podcast

Exporting Vehicles for Profit:

• Discover why some high-end vehicles, like Land Rovers and Mercedes, are bought in the U.S. and exported to countries like China and India, where these models aren’t sold. Wealthy buyers in these countries often pay a premium.

Dealership Caution:

• Learn why dealerships are wary of selling vehicles that might be exported. Franchise dealerships face penalties, financial risks, and even the loss of their franchise if they fail to ensure vehicles remain in the U.S.

Manufacturer Concerns:

• Find out why manufacturers care about keeping vehicles in the U.S., including lost service, repair opportunities, and future business.

Flipping Cars for Export:

• Thinking of getting into the car export business? Be aware of potential risks and red flags, including dealership suspicions, export issues, and title complications.

Illegal Practices:

• Understand how some people attempt to avoid taxes and profit through illegal practices. Even seemingly legitimate loopholes may violate laws, especially when dealing with U.S. Customs and Border Protection (CBP) regulations.

Dealership Due Diligence:

• Explore tips for dealerships to identify potential export schemes and how buyers should follow rules to avoid financial penalties or lawsuits.

Title Laundering & Scams:

• Discover how some take it further by obtaining loans in others' names, exporting vehicles without paying off the loan, and profiting illegally. Even legitimate buyers must be cautious to avoid complications.

Helpful Resources:

• Check out other related videos on our channel for more insights into car exports, title issues, and legal considerations that may help resolve your concerns.