new car just bought one month can sell?

[speedevil6969]

Hi, need some urgent advise here.
Friend's brother (taxi driver) just bought
a new Honda for one month but found that
driving point hv been deducted due to speeding(taxi!!!, i think nt too sure).
So driving license need to retake. What are the ways that can get rid of the new car?
Rent? Sell? 

Any advise?

gd luck to him, usually be prepared to lose out minimum of $15k even though ownin the car 4 juz 1 day ....

[dafansu]

I din know renting your own car is illegal.
Anyway its quite common in my workplace, my colleagues will normally rent out their car whenever they are posted oversea for work.

My suggestion: maybe ask ard your group of friends whether they are interested to rent. With the current economy, most ppl rather rent then buy a car. Who knows they may lose their job anytime.

Rent without $$ is legal, rent with $$ is illegal in terms of insurance claim if involved in accident. so see how u play with it