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5th Gen Camaro SS LS LT General Discussions General 5th generation Camaro topics not covered by other subforums.

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Old 07-30-2010, 08:15 AM   #51
ArkySS
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Congrats and welcome to the family!
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Old 07-30-2010, 08:35 AM   #52
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Super Cool!
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Old 07-30-2010, 08:47 AM   #53
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Thank you to JEGS for the promotion and for choosing the right car for the job. Simply awesome. Congrats, Gary!
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Old 07-30-2010, 08:54 AM   #54
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Congrats. That is awesome!
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Old 07-30-2010, 08:57 AM   #55
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Let the mods begin............................
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Old 07-30-2010, 09:08 AM   #56
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Grat's wink! (we have a smiley named in your honor now)
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Old 07-30-2010, 09:17 AM   #57
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Awesome!! Congrats!
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Old 07-30-2010, 09:21 AM   #58
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That's freaking awesome!!!! Congrats!!! You'll love the car!!!
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Old 07-30-2010, 09:22 AM   #59
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Crap! So i guess I didn't win...

But congrats to you!!!!
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Old 07-30-2010, 09:24 AM   #60
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Awesome Awesome.

You gotta stick around and be in the family now.
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Old 07-30-2010, 09:45 AM   #61
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Start your prep for the tax man now, because you aren't the only winner in this one. Uncle Sam will want his share too. Congrats and enjoy that bad boy.
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Old 07-30-2010, 09:50 AM   #62
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Quote:
Originally Posted by jrhaus76 View Post
In most states you pay it on your income tax. For example (and this varies by state)... Say the MSRP was $35,000. He does not have to pay sales tax... he didn't buy it. BUT he would need to claim the $35,000 as income on his 2010 federal and state taxes.... So the amount of tax varies. If he makes $200,000 a year, a bump to $235,000 wouldnt change is tax liability as much as if he makes $40,000 a year, now all of a sudden in 2010 he makes $75,000... in the end he will pay about 15-20% in taxes. Not too bad, $5200-$7000 for a new 2SS/RS! If he can't afford or doesnt want to pay it, he can sell it, still pay the taxes and then pocket the profit. If it were me since I don't have a free $7000 lying around, I'd just sell the car to my wife for $15,000, have a small payment, pay the the taxes and use the rest for mods... you'd still be WAY ahead!
WOW! I like the way you think! Got CPA?! lol!
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Old 07-30-2010, 09:53 AM   #63
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they have payment options for taxes as well.
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Old 07-30-2010, 09:53 AM   #64
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Old 07-30-2010, 09:55 AM   #65
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OUTSTANDING!! Congratulations! Welcome to the family!
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Old 07-30-2010, 11:17 AM   #66
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Way cool!! COngratulations Gary!
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Old 07-30-2010, 11:39 AM   #67
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How awesome is this?! Very cool, enjoy man!
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Old 07-30-2010, 12:40 PM   #68
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How cool... CONGRATS!!!
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Old 07-30-2010, 12:50 PM   #69
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Too cool, man! Congratulations!!!
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Old 07-30-2010, 01:14 PM   #70
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Congrats to a fellow NY'er!
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Old 07-30-2010, 02:21 PM   #71
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Very awesome!!! Congratulations!!
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Old 07-30-2010, 03:58 PM   #72
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Congrats!

Congratulations on winning such an awesome car.
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Old 07-30-2010, 04:10 PM   #73
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Thats AWESOME...congratulations
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Old 07-30-2010, 05:30 PM   #74
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Quote:
Originally Posted by sterlingnotes View Post
I wish I had won my Camaro... I've bought so many raffle tickets and entered so many contests... drank so many Dr Peppers... at long last, even though I didn't win one... the car payment is still worth it!
I did the same thing, lol.
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Old 07-31-2010, 03:50 AM   #75
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Thats amazing.... congrats!!
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