Buying A NEW Cobra. Rough Guide to $

Merv and Sharon · #1 (**permalink**) 07-08-2009, 05:11 AM

No Col, Sharon would not do that I suspect. I have receipts for about $35,000 and I was thinking that could be acceptable. Will see whenever I get there!

Merv

Philm · #2 (**permalink**) 07-08-2009, 07:27 AM

Mat,
Sounds like your are working out how much you will put on the window when you sell it.

Phil

spookypt · #3 (**permalink**) 07-08-2009, 06:02 PM

Not necessarilly PHil... One thing we ALL must be wary of IF we sell is capital gains on vehicle sales as it equates to income. If you can prove it has cost you more than your selling it for then no tax applies. But if it has only cost you 60 and you sell it for 100 then wamo your up for some hefty tax bickies.... And yes, THEY KNOW!

In relation to my circumstances, there are a few options on the table... BUT like most things I own....everything is for sale at the right price.

Be as it may, if I did ever sell my car...seeing what I have seen up here with other car sales a k+ price tag would be about the money IMO...

SpookyPT