ShaneM #001 on Ebay

01roushstg1 · 2011-05-02 04:37:14

I didn't ask for a reply to my reply to you :blah: :grin:

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May 3, 2011 | 12:32 PM

#121

cdynaco

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Joined: December 14, 2007

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From: State of Jefferson Mountains USA

Quote:

Originally Posted by Big Vito

I didn't ask for a reply to my reply to you

May 3, 2011 | 12:34 PM

#122

Big Vito

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Joined: January 4, 2011

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Quote:

Originally Posted by cdynaco

This

May 3, 2011 | 12:40 PM

#123

1 COBRA

AKA 1 BULLITT------------ Legacy TMS Member

Joined: January 29, 2004

Posts: 7,738

Likes: 361

From: U S A

I hear wedding bells.

May 3, 2011 | 01:05 PM

#124

PACETTR

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Joined: October 9, 2004

Posts: 1,460

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Quote:

Originally Posted by cdynaco

A Dealer is a brand representative of a manufacturer of a brand new retail product.

An individual selling a used product at auction is completely different.

Laughable.

May 3, 2011 | 01:12 PM

#125

cdynaco

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Joined: December 14, 2007

Posts: 19,953

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From: State of Jefferson Mountains USA

Quote:

Originally Posted by PACETTR

Laughable.

May 3, 2011 | 01:16 PM

#126

PACETTR

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Joined: October 9, 2004

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Quote:

Originally Posted by cdynaco

*sigh

May 3, 2011 | 03:41 PM

#127

Whammer

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Joined: May 17, 2007

Posts: 1,574

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From: London, ON. Canada

Quote:

Originally Posted by Big Vito

And it's different how?

Hey, I'm just pointing out "most" people get upset with dealers charging ADM's. It doesn't matter what I think, this is Shane's car and he can do with it what he wants. I was merely responding to some guys girlfriend who started hurling obscenities when she heard what he was doing.

May 3, 2011 | 04:17 PM

#128

Mustang_Man

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Joined: April 10, 2011

Posts: 240

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From: So. NH

Quote:

Originally Posted by Whammer

My girlfriend doesn't swear.

May 3, 2011 | 05:18 PM

#129

stangfoeva

MOTM Committee Member

Joined: April 17, 2006

Posts: 9,201

Likes: 2

From: SoCal

Quote:

Originally Posted by BOSS_man

My girlfriend doesn't swear.

I misread your sig and thought it said liberty vs. tranny

May 3, 2011 | 05:46 PM

#130

Mustang_Man

Bullitt Member

Joined: April 10, 2011

Posts: 240

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From: So. NH

Quote:

Originally Posted by stangfoeva

I misread your sig and thought it said liberty vs. tranny

May 3, 2011 | 06:57 PM

#131

Bossdog

Bullitt Member

Joined: March 15, 2011

Posts: 279

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From: SE Michigan

Its at $79K with 5 days left. I'm guessing Shane gets his free Boss. Good For Him!

May 3, 2011 | 07:00 PM

#132

yugoboss

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Joined: September 2, 2008

Posts: 356

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From: Alberta

Right on Shane, I would have done the same thing.

May 3, 2011 | 07:08 PM

#133

Glenn

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Joined: August 7, 2006

Posts: 16,113

Likes: 789

From: In Boredom

he needs to advertise more somehow. I think it should go for more than 100k. Best of luck Shane

May 3, 2011 | 07:44 PM

#134

ShaneGT

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Joined: January 30, 2011

Posts: 1,161

Likes: 2

From: Houma, Louisiana

so ShaneM, you walking funny? cause u know you got a horseshoe stuck in ur a$$... lols..

May 3, 2011 | 08:13 PM

#135

ShaneM

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Joined: May 22, 2010

Posts: 1,065

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From: Texas

I'm hoping the local collector comes through, i would love it to stay local to me. teh guy that owns #0002 put his up to and talks about me (incorrectly) in his description.

May 3, 2011 | 08:22 PM

#136

1 COBRA

AKA 1 BULLITT------------ Legacy TMS Member

Joined: January 29, 2004

Posts: 7,738

Likes: 361

From: U S A

The guy is pulling at your coat tails as to legitimize his car. Credence is always awarded to the original, not the almost original.

May 3, 2011 | 08:53 PM

#137

Kaiserserser

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Joined: April 1, 2010

Posts: 33

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Quote:

Originally Posted by 1 BULLITT

The only thing he has to worry about is the capital gains taxes. At this stage the priority should be consulting an accountant and become familiar with the tax laws as to be prepared on the government's cut. Hopefully it will not be similar to short term flipping stocks and additional penalty fees.

Capital gains taxes do NOT apply in this situation. First, he hasn't held the car for a year so it would be a short term cap gain which is taxed the same as ordinary income. Second, a personal vehicle is not considered a capital asset, thus capital gains are irrelevent.

One person did make a good point that it may be considered a collectible and subject to those lower rates. Unfortunately, the short holding period means it would still get taxed at normal rates.