Re: [vpFREE] Re: XVP: Selling a Won Car Back to the Dealer

 

What about running a raffle or donating it to charity?

-----Original Message-----
From: akole219 <scanner219@netzero.net>
To: vpFREE <vpFREE@yahoogroups.com>
Sent: Wed, Nov 28, 2012 3:05 pm
Subject: [vpFREE] Re: XVP: Selling a Won Car Back to the Dealer

I won a car back in 2006. My only options were to keep the car or sell it back to the dealer. The sticker was a little less than $32,000. The dealer offered me $26,000. I did have to pay for registration & title.I'm not sure if anything else was paid for but it cost me $1,500.

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Re: [vpFREE] XVP: Selling a Won Car Back to the Dealer

 

I wanted to thanks everyone for their good wishes and input on selling the car back to the dealer. For anyone interested or lucky enough to be in a similar position, the numbers are below.

The car was a Lexus LS, the MSRP was $76,811. The Casino offered $53,000. The dealer offered $64,000. I countered with $69,000 and we settled on $66,000. I also researched the car on Edmunds and KBB. The invoice was approx $71,000 with a 1-2% hold back, dealer cost was about $70,000.

Thanks again to everyone.

Joel

________________________________
From: Queen of Comps <queenofcomps@cox.net>
To: vpFREE@yahoogroups.com
Sent: Sunday, November 25, 2012 11:05 PM
Subject: Re: [vpFREE] XVP: Selling a Won Car Back to the Dealer


 
<<Just thought I would jump in and add my two cents- for what it's worth- you only have to pay the fair market street value on the car, on your taxes, and not the sticker value, if you keep/kept the car. So, in other words, if the declared value is $40k, and you keep it, and you can show with current newspaper ads, in your market area, that the current value is only $34k then you only have to pay taxes on the $34k. Good luck. (and keep that documentation!!!)>>

That is good advice for anything of value you win from a casino, i.e., cruises, when you get a 1099 with an inflated price.

When we won a car at the Stardust many many years ago we sold it back to the dealer for a higher price than what the casino was giving us as a cash option. We did not haggle because they gave us a good price right at first.

------------------------------------------
Jean $¢ott, Frugal Gambler
http://queenofcomps.com/
You can read my blog at
http://jscott.lvablog.com/

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[vpFREE] Re: XVP: Selling a Won Car Back to the Dealer

 



I won a car back in 2006. My only options were to keep the car or sell it back to the dealer. The sticker was a little less than $32,000. The dealer offered me $26,000. I did have to pay for registration & title.I'm not sure if anything else was paid for but it cost me $1,500.

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[vpFREE] Re: Full pay job at ellis island

 

you had my hopes up, i'm looking for a job, lol.

--- In vpFREE@yahoogroups.com, "hartbarger11" <hartbarger11@...> wrote:
>
> The machines that were downgraded at ellis island in the last month or so are now full pay again. All denominations on these machines are now 9/6 job. These are located right in front of players club. Hope this update helps.
>

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[vpFREE] Re: Starting hands that result in RF

 

For my wife, the long term was 18 years. Until March of this year, she had never been dealt a Royal. Since March, she's been dealt three of them; two on the same machine. I've also been dealt three over that same time span (with several years between each hit). Fortunately, two of these were on 10-play (nickel) machines, so I "earned" 2K each.

--- In vpFREE@yahoogroups.com, Cogno Scienti <cognoscienti@...> wrote:
>
> <<In real life I have 68 royals (and counting) in casinos.
> That represents about 3 million hands.
>
> According to the theory I should have been dealt 1/16 of these.
> How many dealt royals can I claim?
>
>
> Only 1 of 68.
>
>
> When the heck does the "long term" arrive??>>
>
> Do you ever play multi-line? You're only down one dealt royal on a triple-play. That's not too aberrant.
>
> Cogno
>

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[vpFREE] Re: Starting hands that result in RF

 

BLavoie <blavoie46@...> wrote:

> That's the theory based on the "long term".
>
> In real life I have 68 royals (and counting) in casinos.
> That represents about 3 million hands.
>
> According to the theory I should have been dealt 1/16 of these.
> How many dealt royals can I claim?
>
>
> Only 1 of 68.
>
>
> When the heck does the "long term" arrive??

IFRC, the "long term" for any specific event is around 20 such expected events.

FWI, I'm only at a little above 40 lifetime single line royals and have 4 dealt under my belt. 2 occurred within a few months of each other in 2001. The other 2 occurred within a few months of each other in 2011.

- H.

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