Thoughts? Thinking of buying Toyota 86 Coupe for cheap but with complications

Hello, would like to get your views on this.

Background lang. I work in an institution where there are tax privileges, specially for my foreign colleagues. Now, there is someone who is selling his 2016 Toyota 86 Coupe for cheap (like equivalent to about Php570k). The unit is in mint condition with complete casa records on maintenance and low mileage (since it’s just the weekend car of the owner). Also checked the unit and flood-free and accident-free.

But the caveat is I would pay the taxes, which currently amounts to about Php310k, since I’m a local. I did the math, and even if I buy it and pay the taxes pa rin, I would still make a nice sum once I sell on the unit for the current market price of about Php1.1-1.2M (or am I wrong?). Isang problem ko, is ang tagal daw ng process in paying the taxes as well as in registering a new local plate for it (it currently carries a diplomatic one).

My question is, do you think worth it pa ba yung hassle given the potential financial windfall if I sell it on? I also don’t plan to transfer it to my name na from the original owner (which is the seller). If ever, I will sell it with a paper trail dun sa original owner. TIA!