Camaro COPO # 69 Saturday@Barrett-Jackson
On Saturday afternoon @ 2pm on the Speed channel the 2012 Camaro COPO convertible # 69 will be sold with the entire proceeds going to the Heart Association .This is the only COPO convert offered to the public - anyone venture a guess as to how much it will bring .
I've got a bet going with a friend and to win the total must go over 500k .When this started I was sure of a win - now not so much ........... |
Re: Camaro COPO # 69 Saturday@Barrett-Jackson
I think it being a charity car it will bring over 500k.
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Re: Camaro COPO # 69 Saturday@Barrett-Jackson
I was thinking $500,000. The car sure looks good!
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Re: Camaro COPO # 69 Saturday@Barrett-Jackson
Sometimes the winner of a charity car sells it again, with all the procedes donated to the charity.
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Re: Camaro COPO # 69 Saturday@Barrett-Jackson
Prices seem to be picking up steam - maybe I've got a chance to win this bet afterall .......
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Re: Camaro COPO # 69 Saturday@Barrett-Jackson
$420.000.....
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Re: Camaro COPO # 69 Saturday@Barrett-Jackson
Some real rich smart guy is gonna buy it for say $500,000 then take posession and resell it for say $300- $400,000 get both a $500,000 write off for donation to charity and another say $100,000-200,00 dollar loss on his income taxes for selling it for less than fair market value--- total write off of 600-700 thousand and recoups 300M back in actual money so it only cost him 100 -200 to but he got that huge writeoff !!!!
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Re: Camaro COPO # 69 Saturday@Barrett-Jackson
$501,250.23
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Re: Camaro COPO # 69 Saturday@Barrett-Jackson
FED, It ain't that easy. Julie Jordan is the CPA to the stars of Drag Racing. Maybe she could share some details.
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Re: Camaro COPO # 69 Saturday@Barrett-Jackson
Jeff-- maybe not but some smart person is gonna try to figure it out --FED387
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