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Shocking C7 sighting

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Old Mar 21, 2016 | 05:52 PM
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Default Shocking C7 sighting

Parked my C7 at the local Walmart to return a wild looking but basically useless lawn sprinkler.

Started walking in as a guy drove in with a white C7 convertible with a big red stripe on the hood and aft end.

Walked up and asked how he liked and he said he loved it and I pointed to mine nearby and said I too was very happy with mine. Then he said "I WON it!" I said "You won it?" He said he purchased a $300 dollar raffle ticket at the Natl Corvette museum and won! Said it actually cost him about $18,000 as TX made him pay sales tax and the value of the car counted as income for IRS purposes but we both still thought a $60K car for $18K was heck of a deal.

What are the odds of running into a C7 lottery winner? Don
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Old Mar 21, 2016 | 06:25 PM
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Originally Posted by W88fixer
Parked my C7 at the local Walmart to return a wild looking but basically useless lawn sprinkler.

Started walking in as a guy drove in with a white C7 convertible with a big red stripe on the hood and aft end.

Walked up and asked how he liked and he said he loved it and I pointed to mine nearby and said I too was very happy with mine. Then he said "I WON it!" I said "You won it?" He said he purchased a $300 dollar raffle ticket at the Natl Corvette museum and won! Said it actually cost him about $18,000 as TX made him pay sales tax and the value of the car counted as income for IRS purposes but we both still thought a $60K car for $18K was heck of a deal.

What are the odds of running into a C7 lottery winner? Don
Very nice! Taxes are a killer.
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Old Mar 21, 2016 | 07:01 PM
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i can't remember where i read it, but someone had a problem with his c7 and gm had to buy it back; a few minutes after he got back home, he got a phone call from the museum telling him he had won a new one!

i wonder if it was the guy you talked to.
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Old Mar 21, 2016 | 07:05 PM
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Originally Posted by speedlink
Very nice! Taxes are a killer.
Particularly for the average working citizen who gets so little for what he pays. Sigh. Don
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Old Mar 21, 2016 | 07:28 PM
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Deleted.... I didn't read the entire OP.

Last edited by raylo; Mar 21, 2016 at 07:32 PM.
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Old Mar 21, 2016 | 07:29 PM
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Originally Posted by senah
i can't remember where i read it, but someone had a problem with his c7 and gm had to buy it back; a few minutes after he got back home, he got a phone call from the museum telling him he had won a new one!

i wonder if it was the guy you talked to.
Wow that is some luck
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Old Mar 21, 2016 | 07:32 PM
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Great to see

Last edited by Richard Ames; Mar 22, 2016 at 09:03 AM. Reason: respect for Raylo
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Old Mar 21, 2016 | 07:40 PM
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yeah i had already re-read the op an deleted my post. You were too quick...

Originally Posted by Richard Ames
Sales tax and INCOME TAX it is treated as income. Uncle Sam got most of the tax not Texas
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Old Mar 21, 2016 | 10:22 PM
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Pretty good odds for me, a buddy of mine won one a couple years back. Plate says it all.
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Old Mar 21, 2016 | 10:42 PM
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Originally Posted by senah
i can't remember where i read it, but someone had a problem with his c7 and gm had to buy it back; a few minutes after he got back home, he got a phone call from the museum telling him he had won a new one!

i wonder if it was the guy you talked to.
Nope, not the same guy. His was a Laguna Blue Coupe that he picked up at the Museum, then promptly started a wide-body conversion project. Here is that thread.

https://www.corvetteforum.com/forums...e-patriot.html

BJ
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Old Mar 22, 2016 | 12:40 AM
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Originally Posted by speedlink
Very nice! Taxes are a killer.
Originally Posted by W88fixer
Particularly for the average working citizen who gets so little for what he pays. Sigh. Don
I'd gladly pay $18K in taxes vs. $60K plus sales tax for a car anyday.

It's still ~1/3 of what the total cost would be normally.
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Old Mar 22, 2016 | 01:05 AM
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When I joined the forum I said that I'd tell my Corvette story. I still need to fill out the details, but this thread hits close to home. Driving a C7 is incredible. Winning one seems surreal.

In Canada, prizes aren't taxable, and Imperial Oil (Mobil 1's Canadian parent company) paid the taxes due at registration.

http://www.canadiantire.ca/en/automotive/mobil1.html
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Old Mar 22, 2016 | 01:34 AM
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That is pretty amazing to run across a winner like that. I would assume all states hit the winner up for sales tax, and the IRS probably counts the car as income. Unfortunately most of us are taxed to death...
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Old Mar 22, 2016 | 03:37 AM
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We have a previous winner in our club. he won a grand sport a couple of years ago.

I've purchases a couple of the tickets,,,,no luck (yet)
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Old Mar 22, 2016 | 04:54 AM
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Originally Posted by Phanni
We have a previous winner in our club. he won a grand sport a couple of years ago.

I've purchases a couple of the tickets,,,,no luck (yet)


I pretty much never met a Corvette raffle that I didn't like.
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Old Mar 22, 2016 | 07:11 AM
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That's a heck of a price for a new C7! But I'd have a hard time parting with $300 for a raffle ticket!
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Old Mar 22, 2016 | 07:17 AM
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Default Won a c6

About 3 1/2 years ago, I won a new torch red red c6 in a raffle for charity. 100 tickets sold at $1000 each. I was the lucky winner that year.
Drove it for about a year and sold it to a friend and then bought a new C7.
Some days a guy just can' t get a break!
John
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Old Mar 22, 2016 | 01:28 PM
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Originally Posted by Cory W
When I joined the forum I said that I'd tell my Corvette story. I still need to fill out the details, but this thread hits close to home. Driving a C7 is incredible. Winning one seems surreal.

In Canada, prizes aren't taxable, and Imperial Oil (Mobil 1's Canadian parent company) paid the taxes due at registration.

http://www.canadiantire.ca/en/automotive/mobil1.html
Congrats ! I can now say I know of someone who actually won.
Is that a DeLorean you got there as well in your avatar ? nice
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