Is the ruling on this transaction permissible or forbidden?

This transaction is impermissible in Sharia because it involves selling a car to a company for an immediate cash price, then buying it back from the company for a higher deferred price. This is considered usury (riba), as it is as if the company lent the immediate price and then receives a larger amount from the buyer's debt in deferment. This is further confirmed by the condition that the car be resold to the questioner by the company.