How much was Gateway's cut ? Surely not $39,995.00 - $28,062.50 = $11, 932.50
I would have posted that if I had known.
There is no doubt it was nothing even remotely close to the $11,062.50 .
I didn't see the exact amount .........
I just an baffled as well what a disaster
Glad Terry got at least $28,000 minus 18 months of insurance payments for it
Would have sold 18 months ago for that easy
Charity would have been a good idea but maybe he doesn’t need the tax deduction
It was 18 months and I along with the guys at Gateway really thought and were hoping it would bring more dollars to the table.
It didn't and as I posted above we are glad to take the $28K and finally done with the whole deal.
Congratulations Terry. I was just wondering yesterday what was happening.
And as far as a charity donation, for a car donation you could only deduct what it actually sold for. That changed in 2002 or so, after people were claiming big deductions for cars that were simply rolling rustbuckets.
Hi Jim,
Well car buddy I did hold out as long as I thought there might just be that one buyer that wanted it for the higher prices asked over those 18-months.
Just simply was not in the cards so as you read I took the last offer.
The way I feel about it is simple.
Ask what you want and see what happens???
If you are lucky then you are a happy camper.
Didn't work for me but that's okay as I can easily live with the final dollars to me.
I highly doubt I would ever go the Gateway Classic Cars route again ...........
$28K? Hell, I got more than that out of mine after I wrecked it!
I'm glad for you that things worked out to your liking.
Hey there Terry, congrats on finally getting the Bullitt Mustang sold. Although you didn't get what you were expecting, I think you made out pretty well at 28k which is definitely above market value for an 11-year-old Mustang. Although it really sucks after all the money that you put into to modify it, the market, unfortunately, doesn't take that into consideration nor do they care, as it is what it is I suppose. At any rate, just want to say congrats once again,
-Rocky
Rocky,
As you said it was an 11 year old Mustang.
And that my friend was exactly the way the lending/financing companies viewed it.
It was never really a question of people wanting it.
It was that the people wanting it simply didn't have enough cash to offset what the lenders would finance.
I was hoping someone with money would see it and want it but that did not take place.
I had a lot of years of fun with the car so no regrets at all on what it ended up bringing.
Congratulations on getting rid of it, Terry.
Did you get your Audi yet?
Thanks buddy
Yes, the Audi RS3 arrived at Audi Nashville 1st week of May 2019.
It is a really nice machine and fits my current needs really well.
Cathy has said to me multiple time that she likes it better than any car I have ever owned.
And that's a strong comment as I have certainly had way-way more than my fair share.
The G/m & Salesman.
Much ado about nothing, you could have sold it yourself a year and half ago for $30k had you no obstinately insisted on a faux added value to the car for every dollar you spent redoing it so many times
You may very well be right.
Terry