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Transfering a reservation

Transfering a reservation

I know someone with a reservation that has just kicked over to "ready to build" or at least they got the email. He can no longer afford the car. Can the reservation be transferred in some way?

KendallPB | 2013年1月13日

This has been asked before; the short answer is no.

jat | 2013年1月13日

You can cancel your reservation and get your money back. At this point, there isn't a lot of value in the reservation itself, assuming you could actually transfer it, compared to when it could be a car you would get in November.

There are many threads about people trying to sell a reservation slot, but the consensus is he would have to take delivery and then sell the car, which means you lose the tax credit.

ziggy | 2013年1月13日

Right, not what I want at all. I will stick with the slow but steady, legit route.

jk2014 | 2013年1月13日

If you you signed the agreement, you will not get your money back.

jat | 2013年1月13日

@jk2014 - if he just got the "time to build" mail, then he isn't at that point yet. Presumably he wouldn't sign the MVPA making his deposit non-refundable if he didn't intend to buy it.

rlpm | 2013年1月13日

@ziggy: reservations are not transferable, as others have said. But he can cancel, get his money back, and let the reservation holders after him move up just a bit in the queue.

alfafoxtrot1 | 2013年1月13日

I recall reading that TM would allow res holders to trade positions. This would allow a buyer to make a new reservation, swap positions with the seller, and when the seller's new position comes around, he could simply cancel.

Brian H | 2013年1月13日

It may be possible, I read, to "add" someone as co-owner, and then sell/cancel your share later.

DouglasR | 2013年1月13日

If the original purchaser is a corporation, it could simply sell the shares.

alfafoxtrot1 | 2013年1月13日

@Douglas, I believe a corp is not eligible for the federal tax credit

DouglasR | 2013年1月13日

@alfafoxtrot1, I should have used the tongue-partially-in-cheek icon.

ziggy | 2013年1月13日

I think a call to TM is in order to find out how one might swap positions.. hmm