Video of Camaro ZL1 at Barrett Jackson. Sells for $250k to Rick Hendrick

[wadew2lt]

Originally Posted by fbodfather

while I'm not a tax attorney, I don't believe one can write off all of the $250,000 - simply because there is something tangible in return for the $250,000.......

You are correct, fbodfather.

[flopjack]

Originally Posted by GEEo

I don't think its that cheap man.

I know to build a C6R cost's around $450k-$500.

I would think the NASCAR would be around that area give or take.

Its in that general area. It varies a little bit depending on what kind of speedway it is being built for.

[RetroDude]

Didn't need to see the auction to know that Rick Hendrick was going to win it! Not many people in todays society that are able to shell out $250,000 just to say they got the 1st one then write off most of it as a tax deduction, but then again... he also bought the 1st SS 2010 for $350,000 and the 1st couple of 2011 Convertibles too! Wish I had his collection and $$

[TAG UR IT]

Absolutely gorgeous.

I wish I could have been there to see it.

Congratulations.

Originally Posted by ADzurka

$250,000 raised for charity, god bless....

Amen.

[Joebot8484]

Originally Posted by x1sniper3x

I actually sent Chevrolet a message on Twitter (@Chevrolet) asking how I can get one of those shirts. They said they'd look into it and get back to me. Here's to hoping we can get some!

let us know!, I want them as well!

[LAWMAN]

Great looking ride in c.f.m,i would love to have one in any color,

[stand-al0ne]

pretty cool!

I would love to see his collection!

[Camaro_hx]

beautiful!

[LOWDOWN]

Re: ZL1 shirts and hats. Choko, a GM - Canada-licensed company, has done a good job in the past of offering attractive GM/Camaro wearables. Let 'em know what you want, and if there's enough demand, voila!

http://www.choko.com/v2/

The Chevy "Mall" might also have somethin' cookin':

http://www.chevymall.com/

Let us know how you make out...

[htron50]

Originally Posted by Blitz

So what happens to the 1 of 1 in Carbon Flash that was on stage?

IT will be unwrapped and disposed of.... however they will paint the one in production with number 00069 serial number in carbon flash... the one in auction was a prototype example not the real one being auctioned...

[htron50]

Originally Posted by Carzzy

True...a tax write off for charity and a nice piece for his collection! Must be nice!

Yuuup... his write off will pay the actual cost of a new ZL1 !! or more..!! Fun when money works FOR you!

[htron50]

I dont think its a direct 1 - 1 writeoff either. However, he probably gets 250,000 less a $50,000 vehicle cost, with a remainder $200,000 writeoff. Then he gets a 50% tax credit of $100,000 more than paying for the vehicle.

Now, Im not a shell game wizard, but Im sure he has good ones working for Hendrick Motorsports! Either way, its a generous way to help others!

[Dmac]

Originally Posted by camaro5gen

when production starts he will get car number 00069. that is one awesome car. he will probably display it at his dealership

Question is which one. He has over 80 dealerships coast to coast.

[DUGG]

So what's the latest best guess-timate on how much the ZL1 is going to actually cost us next year...? 45 / 55 / 65 I hope Chevrolet doesn't overprice itself; better to sell a million at 40 than 20,000 at 70?