View Full Version : Want a 09 Nissan GTR for $250?? New Year Possibilty - Read
ImportDPS
08-18-2008, 05:51 PM
Hey TST,
Today in our normal monday meeting we came up with a really good idea. We said that instead of Raffling off our Silvia, why not raffle off the GTR. Crazy as it sounded, the boss along with the sponsors said that they didnt mind and to make it happen.
We still dont have all the full details but roughly here is what came out the meeting.
1. Whole lotta Raffle Tickets.
2. $250 a Ticket.
3. Live Drawing a very huge event at the track for the raffle giveaway.
4. Bingo style drawing.
5. Winner is responsible for Taxes on car, paperwork transfer and if not local all shipping/carrier charges.
This is a 2009 Nissan GTR Premium Package in silver.
Here is a picture of our no wait, title in hand Nissan GTR.
http://i248.photobucket.com/albums/gg192/sctuned/importdpsebay009.jpg
twastheglow
08-18-2008, 05:59 PM
Quite interesting...
Evo8kid
08-18-2008, 06:08 PM
im game
ImportDPS
08-18-2008, 06:08 PM
Its either a New Years raffle or the last big event of the year at one of the tracks. Not sure yet.
omgjacki
08-18-2008, 06:13 PM
Wow this is awesome. I won't pay $250 for a raffle ticket because I don't have it, and I definitely don't have the $6,000+ for the paperwork, but if I did I'd be all over this. Sounds exciting. Can't wait to see how it goes.
The Captain
08-18-2008, 06:26 PM
I like the idea, $250.00 and like 500 tickets? That's something I would definitely be in for.
ImportDPS
08-18-2008, 06:27 PM
I like the idea, $250.00 and like 500 tickets? That's something I would definitely be in for.
Only 1000 tickets are going to be made. So figure your odds are 1 in 1000 to win this car off just one ticket. Odds are good.
twastheglow
08-18-2008, 06:28 PM
So...this auction is going to take place regardless of the number of tickets sold?
TROLL
08-18-2008, 06:29 PM
wow... $250k? i think it would be a little more fair to cap the number of tickets off at something much closer to the value of the car so entrants feel that their odds are at least fair...
twastheglow
08-18-2008, 06:30 PM
wow... $250k? i think it would be a little more fair to cap the number of tickets off at something much closer to the value of the car so entrants feel that their odds are at least fair...
x1000 I completely agree!
omgjacki
08-18-2008, 06:31 PM
True. More like $150 a ticket at most.
TGilb2007
08-18-2008, 06:38 PM
Expensive tickets..... but if I had the cash on hand to pay for the fees, and I thought that I had a fighting chance, I would be all over this
ImportDPS
08-18-2008, 06:39 PM
So...this auction is going to take place regardless of the number of tickets sold?
That was my question, but I am not sure at this moment.
blkZ06
08-18-2008, 06:41 PM
500 tickets :cool:
1000 tickets :roll:
Im down for a couple tickets at 500 total sold
ImportDPS
08-18-2008, 06:42 PM
True. More like $150 a ticket at most.
Not going to happen. For $250 you have a chance to get the baddest Import Car made. I agree with the ticket totals, but $250 is fair by all means. Id like to buy 3 for me, but we can't even participate.
omgjacki
08-18-2008, 06:43 PM
I guess that's why the tickets are priced as high as they are? To cover yourselves if you don't sell as many as planned? Good idea, but it has it's ups and downs. You really only have to sell 500 at $250 a piece to cover what you've paid.
twastheglow
08-18-2008, 06:45 PM
Not going to happen. For $250 you have a chance to get the baddest Import Car made. I agree with the ticket totals, but $250 is fair by all means. Id like to buy 3 for me, but we can't even participate.
She meant $150 each for a total of 1,000 tickets. Same overall price.
ImportDPS
08-18-2008, 06:46 PM
I guess that's why the tickets are priced as high as they are? To cover yourselves if you don't sell as many as planned? Good idea, but it has it's ups and downs. You really only have to sell 500 at $250 a piece to cover what you've paid.
Our GTR was #2 on the east coast. Little more than $100G when they checked earlier. We got stuck with the contract from the deposit made at the philadelphia car show.
omgjacki
08-18-2008, 06:51 PM
Well 500 tickets at $250 a piece comes to $125,000 so you're still making a ton of money off of it.
ImportDPS
08-18-2008, 06:55 PM
Alright. Here is the final verdict.
There will be 1000 tickets. 1000 tickets need to be sold. $250 a ticket.
The tickets will be numbered from 000 to 999. We will have a date set for the Pennsylvania State Lottery Daily 3 Drawing. That evening # on that day will reflect the ticket # you are sold. So lets say at 7pm the old man draws 841, then the person with Ticket 841 has this awesome, stunning, faster than piss, I will hate you GTR!!
ImportDPS
08-18-2008, 06:56 PM
Well 500 tickets at $250 a piece comes to $125,000 so you're still making a ton of money off of it.
No were not. Try going to a local dealer and getting one. Pay the taxes, destination charges, dealer rapage and let me know if its less than 110G
howielong
08-18-2008, 07:01 PM
**** if I could afford to insure that and drive it I'd be game. :(
ImportDPS
08-18-2008, 07:03 PM
**** if I could afford to insure that and drive it I'd be game. :(
Whats the worst thing that happens, you win and sell to somebody else for $50K lol
BustedUjoint
08-18-2008, 07:06 PM
damn, this new job better pull through and I am SOOO game.
peteyturbo
08-18-2008, 07:11 PM
What a krock of ****..Must be looking to make a decent amount of money:roll: I'd tell you to keep the damn thing rather then trying to make oney off of friends and associates.Only 1000 tickets are going to be made. So figure your odds are 1 in 1000 to win this car off just one ticket. Odds are good.
twastheglow
08-18-2008, 07:15 PM
So you guys went from selling it for $125,000, to squeezing $250,000 out of it? :roll: If it were 500 tickets, I would be in. But hey good luck nonetheless. Someone is going to luck out with this.
Limit to how many you can buy?
Scapegoat
08-18-2008, 07:31 PM
you guys are a bunch of fags, people saying **** on the raffle.
NONE of you are able to purchase this vehicle from the dealership, you don't stand a chance of getting one normally...
This is what we call, "good business sense"
They've got an expensive, hard to find car that has fanboys drooling over and fapping to.. Instead of selling it at a price that some rich schmuck can buy it at anyway... why not raffle it off to the people that can't afford one... give them a chance to own something great, something they have NO ability to afford otherwise.
Personally, I'd be buying a couple tickets... but I can't afford the paperwork.
peteyturbo
08-18-2008, 07:36 PM
You call it a raffle, I call it "looking to double they're money" off of friends ect.
I can see making some money but for the raffle to begin after 250k is collected..:bigeek:
If this was posted somewhere other then general I would have kept my mouth shut..you guys are a bunch of fags, people saying **** on the raffle.
NONE of you are able to purchase this vehicle from the dealership, you don't stand a chance of getting one normally...
This is what we call, "good business sense"
They've got an expensive, hard to find car that has fanboys drooling over and fapping to.. Instead of selling it at a price that some rich schmuck can buy it at anyway... why not raffle it off to the people that can't afford one... give them a chance to own something great, something they have NO ability to afford otherwise.
Personally, I'd be buying a couple tickets... but I can't afford the paperwork.
Scapegoat
08-18-2008, 07:38 PM
You call it a raffle, I call it "looking to double they're money" off of friends ect.
I can see making some money but for the raffle to begin after 250k is collected..:bigeek:
that's why its called good business sense...
they're not hurting a damn person charging $250 a ticket. And its a high end item...
$250 is nothing for a 1/1000 chance of owning this car.
So what if the business makes a huge profit, good for them for doing well in our "horrible" economy
How about this?
I'll raffle off a free website. tickets are $10 a piece, limit is 500 people. Is that wrong? I'm using what I've got available to me to make some money... yet the winner gets a great site for $10... and everyone else is out a whopping $10. No one is upset, and the winner is ecstatic b/c they're getting, probably, a 1.5-2k site for $10, yet I got 5k sitting in the bank
twastheglow
08-18-2008, 07:41 PM
It's one thing to do this raffle...it's another to do this raffle right after posting it for sale for 1/2 the price. But I guess that's just my lowly $.02.
Scapegoat
08-18-2008, 07:43 PM
It's one thing to do this raffle...it's another to do this raffle right after posting it for sale for 1/2 the price. But I guess that's just my lowly $.02.
its their car :) You'd raffle off yours if you thought you'd get a **** load more money.
Besides, were you interested in buying it for the price it was being listed for?
Hell, I'll raffle off my srt-4 for $100 a ticket to 1000 people AND i'll take care of the paperwork costs... you'll get an SRT-4 for $100 if you win... sweet deal
omgjacki
08-18-2008, 07:44 PM
It's one thing to do this raffle...it's another to do this raffle right after posting it for sale for 1/2 the price. But I guess that's just my lowly $.02.
Riiiiiiiight?
So what if someone wanted to buy it straight up right now? You going to say no because you want to make as much money as possible? Technically, it was for sale first.
z'd up
08-18-2008, 07:49 PM
Alright. Here is the final verdict.
There will be 1000 tickets. 1000 tickets need to be sold. $250 a ticket.
The tickets will be numbered from 000 to 999. We will have a date set for the Pennsylvania State Lottery Daily 3 Drawing. That evening # on that day will reflect the ticket # you are sold. So lets say at 7pm the old man draws 841, then the person with Ticket 841 has this awesome, stunning, faster than piss, I will hate you GTR!!
if you buy a raffle ticket you should buy a lotto ticket with the same number so if you win you could afford to do all the paperwork and stuff cuz ud win both the car and the money :thumbup:
Scapegoat
08-18-2008, 07:49 PM
Riiiiiiiight?
So what if someone wanted to buy it straight up right now? You going to say no because you want to make as much money as possible? Technically, it was for sale first.
not sure if that is directed at the OP...
whether it was for sale first or not doesn't matter... this is their property to do with as they wish. They signed no contract saying, "this car is for sale and will be sold at the requested price no matter when"
Scapegoat
08-18-2008, 07:50 PM
if you buy a raffle ticket you should buy a lotto ticket with the same number so if you win you could afford to do all the paperwork and stuff cuz ud win both the car and the money :thumbup:
what?
the PA lotto numbers and this car's raffle tickets have nothing to do with each other...
omgjacki
08-18-2008, 07:51 PM
if you buy a raffle ticket you should buy a lotto ticket with the same number so if you win you could afford to do all the paperwork and stuff cuz ud win both the car and the money :thumbup:
I thought the same. This way whoever wins wins twice!
probevette
08-18-2008, 07:51 PM
did you get all the legal matters out of the way. Last time we went to raffle off a car there were some problems.
omgjacki
08-18-2008, 07:52 PM
what?
the PA lotto numbers and this car's raffle tickets have nothing to do with each other...
If you read through the OP's posts he said that the winning raffle ticket will be the same as the daily lotto number. That's how they're picking the winner.
EDIT: Alright. Here is the final verdict.
There will be 1000 tickets. 1000 tickets need to be sold. $250 a ticket.
The tickets will be numbered from 000 to 999. We will have a date set for the Pennsylvania State Lottery Daily 3 Drawing. That evening # on that day will reflect the ticket # you are sold. So lets say at 7pm the old man draws 841, then the person with Ticket 841 has this awesome, stunning, faster than piss, I will hate you GTR!!
Scapegoat
08-18-2008, 07:59 PM
If you read through the OP's posts he said that the winning raffle ticket will be the same as the daily lotto number. That's how they're picking the winner.
EDIT:
ah... in that case... they should buy one lotto ticket for each number that goes along with the ticket for the car
probevette
08-18-2008, 08:01 PM
Some of the problems we ran into were needing a license for it since raffles in PA are gambling. Another was prizes had to be under a certain amount it was something stupid like $10,000 or $5,000 for a normal license. A special permit will allow you to raffle off a prize of under $100,000 per year. Etc.. Make sure you work out the little legal details to save your ass in the end.
Some of the problems we ran into were needing a license for it since raffles in PA are gambling. Another was prizes had to be under a certain amount it was something stupid like $10,000 or $5,000 for a normal license. A special permit will allow you to raffle off a prize of under $100,000 per year. Etc.. Make sure you work out the little legal details to save your ass in the end.
Truth
BustedUjoint
08-18-2008, 08:33 PM
I would have to agreed with Scapegoat on this. 1) It's their car, if they wanted to drive it off a bridge they could 2) It's a chance to have a wicked car for $250, how is that ripping off friends? And its a business. Any chance to make money is a great thing. Sooo, for say less the 9k you have a car you can either drive around and have people hate you, or turn around and make a smart "business" move and sell it for one HELL of a profit. I dunno, makes full sense to me, but I am at times pretty retarded.
PhillySVT
08-18-2008, 10:02 PM
so who do I send the money too?
dragonfly2k3
08-18-2008, 10:20 PM
while it is a good idea to make some money(if they werent making anything, why would they do this?) I think that 125k is a bit much, and i wont be buying a ticket. Good luck with it i guess.
The Captain
08-18-2008, 10:23 PM
I see nothing wrong with this. I'd love to grab a couple tickets.
05OCsrt-4
08-18-2008, 11:29 PM
this is a great idea, especially for the lower/middle class to afford this sick car, honestly all the haters out there, have fun drooling over it as it blows by you on the highway with the person that won driving it. $250 for a 1/1000th is a chance you'll never get to own a nissan GTR, you should all be praising these guys and their sponsors for doing this and allowing you guys to get first dibs. i'd take my chance but the funds aren't there
ImportDPS
08-18-2008, 11:43 PM
At the end of the day business is business. How do any of you know that the profit made on the car wont go towards the purchase of another and doing the same thing again? That would mean two people who would maybe never and I hate using never because its a bs word, but maybe never get a chance to let alone own one but drive one.
In short. Everyone benefits.
1. Our Sponsors are happy.
2. We are happy and make a good business decision.
3. 999 people will lose nothing but $250 and will have had everything to gain.
4. 1 person will get a $100,000 car for $250. This is a dream come true.
Somebody made a comment about friends and associates. I agree to a certain extent and I will even extend the offer. Give me $125,000 for the car and I will gladly sign the title over to you.
Sounds outrageous doesn't it?
This is a chance for a UNSELFISH company like us, because we could easily keep the car, finish our payments on it with 0 issues to gain exposure as the company who made some persons dream come true. In turn we make profit as EVERY SINGLE BUSINESS in this world does. If Dell raffled off a XP laptop would that be screwing the market? Not at all. They are turning a profit as well. Your employers in which you work for whom pay you turn a profit and in turn reward you weekly/bi weekly etc.
There is nothing but positive things for EVERYONE to gain from this. Simply put, if you do not agree with it or want to buy a ticket, by all means do not spend it. I am sure there will be 1000 people whom will be glad to send payment and possibly win the car.
To those that mentioned the lottery ticket, that is one hell of an idea. I didnt think of that and realistically if you play the big 3 with about $10 straight you would win enough to pay the taxes and tags.
ImportDPS
08-18-2008, 11:46 PM
so who do I send the money too?
As soon as the contract is written up by our lawyer and they raffle tickets etc are done I will contact you.
Schepis
08-18-2008, 11:49 PM
Look, there's no need for you to explain yourself. I think it's a BRILLIANT idea. It gives a working-class guy like myself, a chance to get a super car for $250. Sure 999 people WON'T get it, but 1 definitely will. And even if you can't afford all the necessary taxes and such, sell the car. I guarantee someone will be glad to take it off your hands for at LEAST $70k. Count me in when you start selling tickets.
ImportDPS
08-19-2008, 12:01 AM
thanks man
dragonfly2k3
08-19-2008, 12:07 AM
is the daily 3 really only drawn from numbers 1-9? It seems like that would be too high of odds for winning. What is the ticket price/prize? with only 1k options, couldnt you buy 1k tickets, win, and make money?
ImportDPS
08-19-2008, 12:12 AM
is the daily 3 really only drawn from numbers 1-9? It seems like that would be too high of odds for winning. What is the ticket price/prize? with only 1k options, couldnt you buy 1k tickets, win, and make money?
you would have a 1 in 1000 chance of winning. Those odds are about 150% greater than that of winning anything over 100G in vegas.
Daily 3 can only be from 000 to 999
TROLL
08-19-2008, 12:17 AM
I dont know what the big 3 prize is or how it works, but i guarantee it is worked out so that it is clearly profitable for the state.
If there was a 1/1000 chance of winning with $1 tickets, then the value of the prize would be $999 or less of course... with the odds being slightly in favor of the state so that they make out well. This is also how casinos operate with the odds always slightly being in their favor... but not so far off that it just wouldnt make sense to play because of terrible odds. An example would be a 1/1000 chance of winning with $1 tickets, but the prize is only worth $500... those would be pretty bad odds and not attractive to play for anyone who understands how odds work.
I think this raffle would be the most successful by following the same philosophy as casinos... with the odds being slightly in their favor, but still keep it attractive enough to the players so that they'll give it a shot. (500 total tickets at $250 each or 1000 total tickets at $125 each would accomplish this.) But they can do what they want (as long as they can get the permits) and hopefully it works out for them, I just see some people passing on it because of the odds involved.
Sincere
08-19-2008, 12:23 AM
is the daily 3 really only drawn from numbers 1-9? It seems like that would be too high of odds for winning. What is the ticket price/prize? with only 1k options, couldnt you buy 1k tickets, win, and make money?
its 0-9, and that IS only 1000 possibilities. But if you buy 1000 $1 tickets, you'll win once, and get paid $500. So you don't make any money. But if you buy a raffle ticket for $250.00 & the same Daily number for $20, If you win the car, you'll also win $10,000. So for $270 you can have a GTR & some money for the 1st year insurance. Sounds like a sweet deal to me. I'll be in for a ticket or two.
dragonfly2k3
08-19-2008, 12:34 AM
can you pick your raffel ticket number? haha. I dont have 250, but itd be cool to win.
4drstunner
08-19-2008, 08:07 AM
Im back and forth on this. Part of me thinks you guys making $125,000 is bs but at the same time I think I'd buy a ticket. Earlier you stated we might even buy another car and do it again. I bet you would if people will keep buying tickets.
Let me know when you guys start the raffle.
omghaxbbq
08-19-2008, 05:19 PM
I guess my question is that do we get the 250$ back if there is not enough of 1000 people to play?
omgjacki
08-19-2008, 05:35 PM
^Good question.
pearl
08-19-2008, 05:35 PM
wow, i was with all of the people who said it was a rip off, but after all the bitching/complaining, i would make the tickets 300 dollars.
for 300 dollars to own a car like that, id let troll fart in my dinner, tonight.
Scapegoat
08-19-2008, 05:49 PM
At the end of the day business is business. How do any of you know that the profit made on the car wont go towards the purchase of another and doing the same thing again? That would mean two people who would maybe never and I hate using never because its a bs word, but maybe never get a chance to let alone own one but drive one.
In short. Everyone benefits.
1. Our Sponsors are happy.
2. We are happy and make a good business decision.
3. 999 people will lose nothing but $250 and will have had everything to gain.
4. 1 person will get a $100,000 car for $250. This is a dream come true.
Somebody made a comment about friends and associates. I agree to a certain extent and I will even extend the offer. Give me $125,000 for the car and I will gladly sign the title over to you.
Sounds outrageous doesn't it?
This is a chance for a UNSELFISH company like us, because we could easily keep the car, finish our payments on it with 0 issues to gain exposure as the company who made some persons dream come true. In turn we make profit as EVERY SINGLE BUSINESS in this world does. If Dell raffled off a XP laptop would that be screwing the market? Not at all. They are turning a profit as well. Your employers in which you work for whom pay you turn a profit and in turn reward you weekly/bi weekly etc.
There is nothing but positive things for EVERYONE to gain from this. Simply put, if you do not agree with it or want to buy a ticket, by all means do not spend it. I am sure there will be 1000 people whom will be glad to send payment and possibly win the car.
To those that mentioned the lottery ticket, that is one hell of an idea. I didnt think of that and realistically if you play the big 3 with about $10 straight you would win enough to pay the taxes and tags.
if you throw in the lottery tickets I'll buy two raffle tickets, ps... for real
actually... for the sake of keeping things fair, you should limit this to one ticket per person... everyone has an equal shot
pearl
08-19-2008, 05:59 PM
but if its only one ticket per person, you would just give your friend 250 to stand in line to get you a ticket.
Scapegoat
08-19-2008, 06:03 PM
but if its only one ticket per person, you would just give your friend 250 to stand in line to get you a ticket.
sshhhh :mad:
That is true... but you might get some people with money to waste... buying 10k in tickets to up their odds... granted, they have more to lose if they get nothing.
but if they can afford to lose 10k, they can afford to buy the damn car
how about a limit of 2 tickets? I'd hate to lose $500... but I can afford to take the chance for this type of deal
pearl
08-19-2008, 06:18 PM
im going to get a whole bunch of friends to get in on it, probably buy 2/3rds of the tickets, like those crazy aussies did back in the day to win the lottery over there.
then im going to pee on the seats when i get it.
Scapegoat
08-19-2008, 06:24 PM
im going to get a whole bunch of friends to get in on it, probably buy 2/3rds of the tickets, like those crazy aussies did back in the day to win the lottery over there.
then im going to pee on the seats when i get it.
/fail... you don't have 660 friends
pearl
08-19-2008, 06:26 PM
i know enough. try me homie.
omgjacki
08-19-2008, 06:38 PM
My luck, I'd buy one ticket, win, and have no money for the paperwork and have to give it up.
That would be worse than not winning at all.
probevette
08-19-2008, 06:59 PM
its 0-9, and that IS only 1000 possibilities. But if you buy 1000 $1 tickets, you'll win once, and get paid $500. So you don't make any money. But if you buy a raffle ticket for $250.00 & the same Daily number for $20, If you win the car, you'll also win $10,000. So for $270 you can have a GTR & some money for the 1st year insurance. Sounds like a sweet deal to me. I'll be in for a ticket or two.
Best idea for the avg joe trying to win this car since you guys are looking at 6-8,000 /yr to fully insure this car.
WhiteXFire
08-19-2008, 07:14 PM
For $250,000 earned after selling 1000 tickets, it would be much more reasonable to cover the winner's expenses in terms of tax/paperwork...
Scapegoat
08-19-2008, 07:15 PM
i know enough. try me homie.
i'm trying you. lets see one of you or your friends win it :)
i want a ride though >_>
omgjacki
08-19-2008, 07:31 PM
For $250,000 earned after selling 1000 tickets, it would be much more reasonable to cover the winner's expenses in terms of tax/paperwork...
I completely agree. However, it is always the buyers responsibility to take car of title transfer, tags, and taxes. Technically the winner would be the "buyer" so they would be responsible for paperwork. I do agree with you though. Making a $100,000+ profit, it's the least they could do.
omghaxbbq
08-19-2008, 07:36 PM
I am waiting for someone to answer my question. Do we get the money back if not enough ppl are in it? Same kind of raffle happened before but at the end, it doesn't has enough ppl in it because the price of the ticket... and people didn't get their money back
jdmwill
08-19-2008, 07:44 PM
well i guess i'll save $50. a week for the next 5 weeks so i have my chance.
landshark
08-19-2008, 07:47 PM
^^^i second his question, but **** this is a chance to win a KICK A$$ car for $250!!! im def game. please please let me know when this is ready to roll!!!!
oh and do we get to pic our number of the ticket??
ThinkEvo2007
08-19-2008, 07:53 PM
you realize.... 250 is kinda a rip off... all u need is all u need is about 340 people and the car is sold... any more and its all profit. bascailly if 500 people put that in... thats 125000$.. and the car coasted about...id say roughly 85 - 90 even if that high....
05OCsrt-4
08-19-2008, 08:00 PM
you realize.... 250 is kinda a rip off... all u need is all u need is about 340 people and the car is sold... any more and its all profit. bascailly if 500 people put that in... thats 125000$.. and the car coasted about...id say roughly 85 - 90 even if that high....
if you go through the thread you and 100 other people are saying the same ****, stop repeating yourselves, we get the damn point, they are just trying to make the "average joe" able to have a sport car
Protege v2.5
08-19-2008, 08:05 PM
They could be charging a $1000 a ticket and be making a million dollars off the deal. Who gives a ****. Everyone who is complaining is the missing the obvious point. You get a chance at a 100k+ car for what its realistically pennies by comparison. Somebody call the Waaaaambulance
J.E.T.
08-19-2008, 08:08 PM
Would you guys rather lose $250 in a raffle to have a chance at a dream car or lose $250 at the tables in AC or Vegas in an hour? The latter half hurts more for me, LOL!
I understand you guys are raffling off a car and is "business", but it would be totally legit if half the proceeds collected would go to a reputable charity of some sort, totally tax deductable to your business. Something to think about.
Outside the taxes and paperwork, I'd totally be in for this.
Protege v2.5
08-19-2008, 08:13 PM
Yes the "charity" should be for the winner. And helping him pay for the paperwork....lol.
Then again I don't getting a loan for the paperwork would be to hard with a GTR as collateral.
05OCsrt-4
08-19-2008, 08:15 PM
Would you guys rather lose $250 in a raffle to have a chance at a dream car or lose $250 at the tables in AC or Vegas in an hour? The latter half hurts more for me, LOL!
I understand you guys are raffling off a car and is "business", but it would be totally legit if half the proceeds collected would go to a reputable charity of some sort, totally tax deductable to your business. Something to think about.
Outside the taxes and paperwork, I'd totally be in for this.
ever think its going to cost them money to legally raffle this car
J.E.T.
08-19-2008, 08:20 PM
ever think its going to cost them money to legally raffle this car
I'm not questioning the legality cost to raffle the vehicle. But at the end of the day, this company pockets just got fatter by selling off 1000 tixs. Even just a small amount donated to a charity would make this a legit raffle and everyone could have trust to see some of their $250 going to a good cause.
omgjacki
08-19-2008, 08:31 PM
Answer to all paperwork cost issues: BUY A DAILY LOTTERY TICKET WITH THE SAME NUMBER! It will pay for the cost of the paperwork and some insurance then you don't have to worry about having the money.
Scapegoat
08-19-2008, 08:41 PM
Answer to all paperwork cost issues: BUY A DAILY LOTTERY TICKET WITH THE SAME NUMBER! It will pay for the cost of the paperwork and some insurance then you don't have to worry about having the money.
depends on how many people win though... you get a few thousand people playing the same number and winning... you SOL
dragonfly2k3
08-19-2008, 08:46 PM
thsi will certainly cost alot of money for them. They will have to pay income taxes on the 125k they make, since it is pure profit, they will have to pay to get a liscense to legally raffle this, and they will have to pay to get the tickets made/distributed. Either way, like i said, i dont have the 250 to spend even for the 1/1000 chance.
J.E.T.
08-19-2008, 08:48 PM
depends on how many people win though... you get a few thousand people playing the same number and winning... you SOL
Daily number ticket is a straight payout no matter how many people hit the same number. 500 to 1 on a straight bet ticket. So in order for someone to pay the paperwork, taxes, insurance, yada yada, his/her lottery ticket bet better be $10 or above coz a $1 winning ticket won't cover your troubles.
Scapegoat
08-19-2008, 08:51 PM
Daily number ticket is a straight payout no matter how many people hit the same number. 500 to 1 on a straight bet ticket. So in order for someone to pay the paperwork, taxes, insurance, yada yada, his/her lottery ticket bet better be $10 or above coz a $1 winning ticket won't cover your troubles.
ah, yeah... I don't play any lotto so I didn't know...
11secdsm
08-19-2008, 11:29 PM
Capitalism at its best. I still think it's going to be VERY hard to do this legally. I know we looked into something like this a couple years ago and found it impossible to do in PA. GL
the4g63
08-20-2008, 12:02 AM
If one were to win the car, can't the title be transferred as a gift? I thought if you did it as a gift, there is no tax, because you didn't pay for it. I dunno. Maybe there's a limit to what the DMV considers a gift. I remember my mom tried to sell someone a car under book value, and the tag place wouldn't do it unless she transferred the title as a gift to the guy that bought it, and they just exchanged the cash in the parking lot, no taxes.
probevette
08-20-2008, 12:44 AM
If you guys are worried about being able to pay tax, tags and title..you are doomed when it comes to insurance and maintenance costs for this car. Better find yourself something that pays a bit over that $10/hour mark lol.
WhiteXFire
08-20-2008, 02:52 AM
http://www.palottery.state.pa.us/games.aspx?id=430
http://www.palottery.state.pa.us/payouts.aspx?id=430
So everyone stops speculating about the daily number game...
It's $0.50 to $5.00 on a single number, payout is $250 for a $0.50 straight bet (3 numbers in order) or $40 for a $0.50 boxed bet (3 numbers in any order). Tickets can be purchased up to a week in advance.
ScoobyNubieToo!
08-20-2008, 07:53 AM
When you guys get the details worked out let me know so I can pickup some tickets. I say don't cap the number of tickets someone can buy because that only increases the chances that they won't sell all 1000 tickets. A lot of people talk a good game about buying a ticket when they really think about shelling over that 250 it''ll be a different story......
Scapegoat
08-20-2008, 09:07 AM
But at the end of the day, this company pockets just got fatter by selling off 1000 tixs.
I really don't understand why people get upset over a business trying to make money. Must be human nature to have disdain for another person's success, or potential success.
It really is a shame that everyone's major beef here is this company profiting off of a good idea.
chansigril
08-20-2008, 09:59 AM
it is complicated to raffle something off in the state of pa for reasons other than a charity. i would likely be in for this, have no problem with a profit on a raffle but pa may say differently. i looked into something like this for a non-profit a while back and it's not easy for a for-profit venture to do. it's essentially gambling for profit which pa frowns heavily upon. just tread carefully, i'm interested once all the details are hammered out, particularly what happens if you do not sell all the tickets. just keep us posted :)
OBEEWON
08-20-2008, 11:32 AM
To everyone complaining, your opinion doesn't matter. It's not your car. Don't like it? Don't buy a ticket.
pearl
08-20-2008, 11:35 AM
If one were to win the car, can't the title be transferred as a gift? I thought if you did it as a gift, there is no tax, because you didn't pay for it. I dunno. Maybe there's a limit to what the DMV considers a gift. I remember my mom tried to sell someone a car under book value, and the tag place wouldn't do it unless she transferred the title as a gift to the guy that bought it, and they just exchanged the cash in the parking lot, no taxes.
in new jersey, yes. i bought all my civics for 1 dollar lul :)
the4g63
08-20-2008, 09:03 PM
in new jersey, yes. i bought all my civics for 1 dollar lul :)
Lulz. 'Cause that's all they're worth. I joke, I'm looking for a Civic soon...
Anyway, just for fun I did an insurance quote for me. $695 a month with Geico. I'm sure it's lower than that with my company, cause Geico wanted 500 for my Evo, and I pay less than half that. Just so some of us younger folks get an idea what it might cost.
4drstunner
08-21-2008, 07:57 AM
No repsonse from the owner of this car :bigeek: Did this idea die already? I agree.....Dont limit the amount of tickets someone can buy. Who cares if a thousand different buy 1 ticket or 500 people buy 2 tickets each and so on. The odds are still the same. :lol:
ImportDPS
08-21-2008, 06:39 PM
Lawyer is taking care of the paperwork. This raffle is going off.
DreWRX
08-21-2008, 07:16 PM
Sweet, I'm in, for $250 ill take the 1 in 1000 chance to win a dream car. . . hands down, let me know when and were to send the $
ITSTOCK
08-21-2008, 08:39 PM
I'm in if it is actually going off...let me know where to send the money.
88TSI_Rob
08-24-2008, 01:51 PM
it is complicated to raffle something off in the state of pa for reasons other than a charity. i would likely be in for this, have no problem with a profit on a raffle but pa may say differently. i looked into something like this for a non-profit a while back and it's not easy for a for-profit venture to do. it's essentially gambling for profit which pa frowns heavily upon. just tread carefully, i'm interested once all the details are hammered out, particularly what happens if you do not sell all the tickets. just keep us posted :)
Agreed.
I'm highly skeptical this raffle will happen. Businesses would do this all the time if it were easy.
ImportDPS
08-25-2008, 05:37 PM
Agreed.
I'm highly skeptical this raffle will happen. Businesses would do this all the time if it were easy.
We already have the charity ;) Just working on the legal things to do it.
04 Turbo Spec
08-26-2008, 02:12 AM
who?
when?
where?
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