I won a car on the GM HotButton contest. I'd like to sell it rather
than keep it (have 2003 auto already!). What do you think would be the
best way? Was thinking of calling other dealerships to see if they
wanted to buy. Dealership that I won it at doesn't want to buy it
because of the appearance to GM (will they get upset?). Anyhow, good
position to be in...just fishing for some ideas. Thanks. Jim
Isn't that a bunch of shit?
When I go to transfer a title on a car that cost nothing... they charge you
tax on "fair market value".
I say take the computer out of it and tell them the thing is worth about
Damn... a NEW suburban... free! What the hell were you doing test driving
one anyway? lol
The IRS and your state will want their cut, unless you live in a state w/o
personal income tax. Have done 3 people this year who won cars and while
they're still money far ahead keeping the vehicle, look for a bite outta yer
wallet for taxes....
Wir welle bleiwe wat mir sin
| Isn't that a bunch of shit?
| When I go to transfer a title on a car that cost nothing... they charge you
| tax on "fair market value".
| I say take the computer out of it and tell them the thing is worth about
| $500..... 8^D
| Damn... a NEW suburban... free! What the hell were you doing test driving
| one anyway? lol
Here in Maryland the taxes are based on the full MSRP (before rebates, deal
down, etc.). Your 1st sentence is right on.
| JF wrote:
| > I won a car on the GM HotButton contest.
| How does that contest work?
Go to a GM dealer and press the OnStar button on the designated vehicle (or
maybe it's any vehicle) in the showroom.
| Damn, you don't even have to test drive it?
| GM dealership here I come!
| I can always sell it for a Chrysler. lol (be nice!)
Nope...just sit in it. Although that's the problem with the program...it isn't
selling nearly as many cars as GM had hoped...or so I've read. People come in,
play the game and leave.
I haven't played, but I actually like your idea since I personally wouldn't
keep many of today's GM's even if I won one, it would be a way to get some
extra cash driving it directly to CarMax to unload it! (was that nice enough!)
;-) Heck I didn't even keep the one I did buy recently...took a $6K hit to get
rid of it, but I can at least sleep at night now! Maybe I'll go by the Pontiac
dealer and see if they have a nice new GTO...see how it compares to the great
1967 GTO I used to own 30+ years ago...that one would be worth garaging for an
investment in 30-40 years.
On Mon, 23 Feb 2004 21:23:29 -0500, "James C. Reeves"
Hah, salesman asked my dad when he was done with his try at the
hotbutton if he was interested in a vehicle, flat out said no, that he
had one on order, of a different make. Guy asked what other vehicles
he had, told him 'bout my mother's car and the guy's eyes lit, a 2000
Buick Regal with under 40,000 miles on it.
On Mon, 23 Feb 2004 18:51:47 -0500, "James C. Reeves"
Local dealer has a specific vehicle out in the lot, just outside the
showroom. My dad went, talked to a guy about the contest and he was
taken to the vehicle. He was put in the vehicle, the window rolled
down and the salesman right outside with a pen and paper. Press the
button, you get connected to Onstar, they ask you some questions
including zip code and another that he told me and I don't remember
what it was. Then they connect you to an automated system and it
tells you if you won. Salesman was taking ALL the info as he went
from what I understand.
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