Barrett Jackson 914-6 |
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Barrett Jackson 914-6 |
altitude411 |
Jan 17 2017, 05:47 PM
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#1
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I drove my 6 into a tree Group: Members Posts: 1,306 Joined: 21-September 14 From: montana Member No.: 17,932 Region Association: Rocky Mountains |
Does anyone know the lot # for the 914-6's at the BJ auction in Scottsdale? TIA
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Mike Fitton |
Jan 25 2017, 10:12 AM
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#2
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Senior Member Group: Members Posts: 609 Joined: 13-May 11 From: Chicago Area Member No.: 13,069 Region Association: Upper MidWest |
I think auction sales are treated just like auto dealers so if you are registering the car in the state that the auction is in they collect the sales tax and pay it to the state. Out of state you pay sales tax on the car when you register it in your state. Private party sales are fair market value of the car, you can low ball the figure but if they are on top of it they will contest it. Attached Sales Tax chart for Illinois.
Capital gains for the seller is on his own for reporting but an auction sale is a very public event. RUT_5.pdf ( 34.82k ) Number of downloads: 196 |
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