Photos
    • Image Credit: BMW
    Looking to make a little extra money and own a spare shipping container? Have we got the opportunity of a lifetime for you, albeit one that could land you in prison.

    Chinese nationals have been advertising on Craigslist and luring unsuspecting Americans into helping them smuggle  luxury cars out of the United States and then selling them on the black market in China.

    This is, of course, illegal in both countries. But it’s also highly lucrative. The Automotive News recently  did a detailed investigation of the practice.

    It basically works like this: A buyer in the U.S. purchases the car in cash and registers the car here, then a go-between ships the car to China. The buyer makes a few hundred dollars for their efforts. But the real money to be made in this endeavor is by the proprietors of the scam.

    Read on to find out how much luxury cars cost in America, and how much profit they can bring in China:

  • Mercedes-Benz GL350
    • Image Credit: Mercedes-Benz

    Mercedes-Benz GL350

    Price in U.S. dollars: $70,000
    On the black market: $160,000

    An investigation brought together Homeland Security, New Hampshire State Police and major auto dealerships, according to the Exeter, N.H. Patch.

    New Hampshire was a favorite place for the export ring to operate because it is the only U.S. state that has no sales tax on vehicles and it also does not require insurance on new purchases.

     

    Research the Mercedes-Benz GL350
    Mercedes-Benz GL350 Photos & Information
    Mercedes-Benz GL350 Specs
    Mercedes-Benz GL350 Local Dealer Price Quote

  • Porsche Cayenne
    • Image Credit: Porsche

    Porsche Cayenne

    Price in U.S. dollars: $50,575
    On the black market: $148,750

    Authorities seized 14 vehicles they say are valued at more than $5.5 million dollars that the two people arrested in the case, Frank Ku and Danny Tsu, are in the process of losing via forfeiture laws. But that's also a small portion of the 93 cars that authorities say made it overseas and into the hands of willing buyers.

     

    Research the Porsche Cayenne
    Porsche Cayenne Photos & Information
    Porsche Cayenne Specs
    Porsche Cayenne Local Dealer Price Quote

  • BMW X6
    • Image Credit: BMW

    BMW X6

    Price in U.S. dollars: $60,725
    On the black market: $171,500

    Police said the people responding to the Craigslist ads unwittingly broke the law when they resold the car, and that many had no idea their actions were illegal. Authorities said they only made a few hundred dollars, and would not face prosecution because they cooperated.

     

    Research the BMW X6
    BMW X6 Photos & Information
    BMW X6 Specs
    BMW X6 Local Dealer Price Quote

  • Audi S8
    • Image Credit: Audi

    Audi S8

    Price in U.S. dollars: $112,500
    On the black market: $220,000

    Authorities said the cars were shipped either from Newark, N.J., or Long Beach, Calif., but that their registrations from other states, such as New Hampshire, made them appear used.

    "This is a first-of-its-kind prosecution, and I hope it will not be the last," U.S. Attorney John Kacavas tells the Automotive News. "These rings are far-reaching."

     

    Research the Audi S8
    Audi S8 Photos & Information
    Audi S8 Specs
    Audi S8 Local Dealer Price Quote

  List
Share This Photo X