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-   -   Truck Driver Wins Lambo and Then.... (http://www.the370z.com/other-vehicles/47018-truck-driver-wins-lambo-then.html)

happytheman 12-21-2011 06:36 PM

Truck Driver Wins Lambo and Then....
 
What a Mo!

http://mit.zenfs.com/852/2011/12/lambowinner.jpg

Thanks to a Utah convenience store's contest, Frito-Lay truck driver David Dopp won another set of wheels last Saturday: this lime-green, 631-hp Lamborghini Murcielago LP-640, worth at least $200,000. Such an awesome car that will...oops, he already wrecked it.

Just a few hours after getting the keys to the V-12 powered Italian supercar named for a famed Spanish fighting bull, Dopp took to the roads around his home in Santaquin, Utah. According to In Santaquin News, police were called about dusk after a witness spotted the all-wheel-drive Lambo bass-ackwards in a field, with skidmarks from where it left the road.

Dopp -- who had apparently already taken one call from the local police about takin' it easy before going off-road -- says he was going about 40 mph to 50 mph on a 35-mph road when he hit a patch of what he called black ice or gravel. The police report says the car went over a curb, off the road and 75 feet into the field, calling the accident "speed related."

The Murcielago is now bound for Las Vegas, where mechanics will calculate a repair estimate on the busted oil pan and damaged bumper. Dopp, who has insurance, says the day was "an emotional roller coaster." If you mess with a bull, don't be surprised when you get the horns.

Trips 12-21-2011 06:58 PM

What a DORK!

theDreamer 12-21-2011 06:59 PM

He did it for the insurance money.
Info was found that he asked Leno to buy it from him, the shortly after he crashed it. He asked Leno to buy it because the tax on winning the car was over 100k and he could not pay it.

Skeeterbop 12-21-2011 07:36 PM

If I was him I would have taken the cash option instead. It's almost always the smarter thing to do, if not the cool thing.

Evolved 12-21-2011 07:50 PM

Quote:

Originally Posted by theDreamer (Post 1458993)
He did it for the insurance money.
Info was found that he asked Leno to buy it from him, the shortly after he crashed it. He asked Leno to buy it because the tax on winning the car was over 100k and he could not pay it.

How could the tax be 100K?

theDreamer 12-21-2011 07:53 PM

Quote:

Originally Posted by Evolved (Post 1459042)
How could the tax be 100K?

Because the government is broke?
Honestly I would need more details on the MSRP of the car, his current salary, etc. to determine what the tax is, I am just reporting what has been said.

Thechidz 12-21-2011 08:26 PM

maybe 10k? 100k on a $200k car would be ridiculous

KingZee 12-21-2011 08:28 PM

Quote:

Originally Posted by Thechidz (Post 1459072)
maybe 10k? 100k on a $200k car would be ridiculous

yeah that doesn't make sense...sucks for the guy though, probably his wet dream to own one, he forgot that he needed to know how to drive one too

theDreamer 12-21-2011 08:52 PM

It will be over 100k in tax, just did some quick calculations and the way it works is:
0-8k is 10%
8001-33k is 15%

All the way up to 35% for over 300k, based on this you will be looking at over 100k for winning a Lambo, sucks but that is how the US tax code is.

Anarky 12-21-2011 08:57 PM

I live in Utah and heard about this on the radio today, but all the radio stations said he got rear ended. Not sure if that's the facts. All I thought when I heard that is how do you not see a freakin lime green lambo.

KingZee 12-21-2011 09:18 PM

Quote:

Originally Posted by theDreamer (Post 1459098)
It will be over 100k in tax, just did some quick calculations and the way it works is:
0-8k is 10%
8001-33k is 15%

All the way up to 35% for over 300k, based on this you will be looking at over 100k for winning a Lambo, sucks but that is how the US tax code is.

that's crazy...makes me re think ever wanting to purchase a super car

theDreamer 12-21-2011 09:27 PM

Quote:

Originally Posted by KingZee (Post 1459122)
that's crazy...makes me re think ever wanting to purchase a super car

Well, buying a car is different, when you 'win' a prize it is put under as income.
One reason it is usually better to just take the cash prize so you can easily pay the tax, also one reason it is cheaper to take a prize over a period so you pay less in tax.

KingZee 12-21-2011 09:30 PM

Oh...thought we were just talking luxury tax...that makes perfect sense now. I'd take the cash up front

theDreamer 12-21-2011 09:34 PM

Quote:

Originally Posted by KingZee (Post 1459133)
Oh...thought we were just talking luxury tax

Luxury tax is when you buy a car and since this guy won the car it is put under taxable income.

KingZee 12-21-2011 09:35 PM

Never won a damn thing in my life so I wouldn't know lol


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