Who is going to this???

Robert_Nash · 08-01-2010, 03:11 PM

Quote:

Originally Posted by krsplsh

well got the car, but the wife says "no way" we got a family and this is not a family car. so it is for sale...any takers?

I'm not a tax expert but I would not be surprised that you'll have to pay income taxes on the MSRP of the vehicle; or at the very least; taxes on more "value" than you could actually sell the car for. Then you turn around and sell it for likely 15-25% less than MSRP just to unload it all because it's not a family car???

Do you understand how very few people could ever win a prize like that?

Does your wife understand that you are going to take a bath, financially on what should be a wonderful gift/windfall?

I'm sure you went into this with the best of intentions but a little "pre-planning" would have gone a long way...you would have been better off if you had simply declined the prize and let someone else win it.