Win a Superbird!!!

[Skyview69]

I may be ruining my chances to win but I figure maybe someone who loves mopars as much as me could win and not some fool who will sell it!

Here goes...

Sue Bee Honey is giving away a 1970 Richard Petty Superbird replica!  It is a satellite turned into a Superbird. Register to win at www.suebee.com

Good Luck and if anyone here wins I would like a ride in it!

[Drache]

Only in the U.S. us poor Canadians can't even enter.

[4402tuff4u]

Thanks for the link and sharing the possibility of winning the bird. The winner better have approximately $ 17,000 to give to uncle sam. The disclaimer states that the winner will be responsible for taxes on the winnings. The bird alone is priced at $ 50,000, not including the plane tickets, etc...

I would still love to win it!!! It does not say what engine it has. Let's see $ 17,000 tax for winnings + $ 14,000 for new 426 hemi = $ 31,00 for a hemi bird.  

[4402tuff4u]

Only in the U.S. us poor Canadians can't even enter.

I'll give you a ride buddy!

[69_500]

Where in the world are you coming up with $17,000 as the taxes on the vehicle? If the car is valued at $50K then I'm saying the taxes on it would be right about 7% depending on the state but that is pretty much an average accross the US, some states higher some lower but on average. 7% of $50K is $3,500. Now your telling me the plane tickets, and hotel accomodation for 3 nights, plus tickets to the race must cost about $200K. Because if the total value isn't over $230K I don't see how you would spend $17K on the taxes. Even if you include liscensing and titling your only going to be out what $5-6K tops.

[4402tuff4u]

Where in the world are you coming up with $17,000 as the taxes on the vehicle? If the car is valued at $50K then I'm saying the taxes on it would be right about 7% depending on the state but that is pretty much an average accross the US, some states higher some lower but on average. 7% of $50K is $3,500. Now your telling me the plane tickets, and hotel accomodation for 3 nights, plus tickets to the race must cost about $200K. Because if the total value isn't over $230K I don't see how you would spend $17K on the taxes. Even if you include liscensing and titling your only going to be out what $5-6K tops.

On winnings such as a vehicle, uncle sam considers it income (value of car). It's like saying they are giving you $ 50,000. When you win the lottery, you don't pay 7 %, you pay way more, depending on your income. You will also be responsible for tax on the value of the car when you go register it - state sales tax (7% +/-) which I never took into account. I think you are basing your analysis like you are buying the $ 50,000 car at a dealer. That's when you only pay the 7%. 

In my particular case, that extra $50,000 + 1,200 +/- for flight hotels would put me in the 33% tax bracket in income. That's how I got $ 17,000 +/-. I'm in NY so I'm basing the above on that. Not sure but on winnings such as lottery and sweapstakes, etc.. there are different tax brackets where uncle sam gets more $$ since it's considerd and look upon as "found" money. It's still worth it. 

[SuBLimE 69]

since I have a 1 in a million chance to win....better make it 1 in 2 Million cuz I have really bad luck....I will sell my wife to pay the taxes....no you cant test drive her and no pics.

[BigBlockSam]

my wife had signed me up. cool car

[joedotts]

if i win im selling it for my dream charger

[Charger_Fan]

I'd have to sell it so I could pay it's taxes & my back taxes...then I could take what's left & buy my Charger a nice shiny new wingnut for the air cleaner.

[Telvis]

That would be the thing to do. Sell it as soon as possible and get the Charger you really want. My guess is it's probably not that great of a replica anyway. I'm sure they cut corners every place they could.