GT-R raffle

Cunnos · 09-30-2010, 03:15 PM

Hey guys,

Not sure if I am putting this in the right section, but the dealership where I bought my 370z is doing a raffle for a 2010 Nissan GT-R. They are selling 3000 tickets at 50 bucks a pop. They have all the necessary info on the site to sign up, here is the link........

GT-R Giveaway

kenchan · 09-30-2010, 03:32 PM

3000x50 = 150,000

ok, you might win.

halogodx · 09-30-2010, 03:38 PM

"If a minimum of 1,500 tickets are not sold the raffle will default to a 50/50 and the winner will receive half the value of the collected revenue."

They win both way slol

CWofRR · 09-30-2010, 03:46 PM

Is this legit........

G Fo12ce · 09-30-2010, 03:52 PM

Quote:

Originally Posted by CWofRR

Is this legit........

Ya how do we tell its not a scam so I can sign up lol.

Jeffblue · 09-30-2010, 03:52 PM

maybe some guy who's wife wears the pants will win it and he will have to sell the car and try to get more than MSRP for it. THAT would be weird huh...

DeLRo · 09-30-2010, 03:55 PM

Quote:

Originally Posted by Jeffblue

maybe some guy who's wife wears the pants will win it and he will have to sell the car and try to get more than MSRP for it. THAT would be weird huh...

lulz

ChrisSlicks · 09-30-2010, 04:00 PM

Yes, it is legit. After the raffle ends they sell the car to the charity, the charity uses the monies raised in the raffle to buy the car and give it to the winner, the balance of the money raised goes to the charity.

I think this just went live today.

Cunnos · 09-30-2010, 04:01 PM

Yes it is legit. Open the link and they EVEN put their lawyers phone number up on the site if people want to call in and check it out.

optiontrader · 09-30-2010, 04:09 PM

Well, at least the money I save for possibly getting this free can go to the maintenance costs. I'm in for $50, LOL...

daleks · 09-30-2010, 04:14 PM

The expected value of your return on a $50 raffle ticket that's one in 3,000 is $26.67 (assuming $80,000 MSRP with destination), which isn't that bad when compared to other raffles.

optiontrader · 09-30-2010, 04:50 PM

Quote:

Originally Posted by daleks

The expected value of your return on a $50 raffle ticket that's one in 3,000 is $26.67 (assuming $80,000 MSRP with destination), which isn't that bad when compared to other raffles.

Nice calc, daleks!

I know any raffle/lottery is not the most sound financial decision, but I'm a sucker for some of the more unique ones (and if they benefit charity!)...

daleks · 09-30-2010, 06:10 PM

Quote:

Originally Posted by optiontrader

Nice calc, daleks!

I know any raffle/lottery is not the most sound financial decision, but I'm a sucker for some of the more unique ones (and if they benefit charity!)...

Actually, if they only sell 1500 tickets then they may lose money. The actual cost to them of the GT-R matters a lot. It's probably being written off as a donation and so their cost is effectively lower.

MC · 10-01-2010, 04:49 AM

Quote:

Originally Posted by daleks

Actually, if they only sell 1500 tickets then they may lose money. The actual cost to them of the GT-R matters a lot. It's probably being written off as a donation and so their cost is effectively lower.

their actual "cost" on a $84K GT-R is about 76Kish invoice is around 79K

Cunnos · 10-01-2010, 08:46 AM

Quote:

Originally Posted by daleks

Actually, if they only sell 1500 tickets then they may lose money. The actual cost to them of the GT-R matters a lot. It's probably being written off as a donation and so their cost is effectively lower.

Yea they sell one car a year to the charity.....all the details are listed on the site. They prolly get a nice tax break doing this type of stuff......i hope i win this.....everyone says I should sell the car if I win.....someone at my work said I would have to pay a huge tax on this car if I won it??? Not the excise tax but the actual tax for winning the car, does anyone know anything about this???

09-30-2010, 03:15 PM	#1 (permalink)
Cunnos Base Member Join Date: Mar 2010 Location: boston,ma Posts: 230 Drives: 2010 370z 40th anniv Rep Power: 16	GT-R raffle Hey guys, Not sure if I am putting this in the right section, but the dealership where I bought my 370z is doing a raffle for a 2010 Nissan GT-R. They are selling 3000 tickets at 50 bucks a pop. They have all the necessary info on the site to sign up, here is the link........ GT-R Giveaway

09-30-2010, 03:46 PM	#4 (permalink)
CWofRR Base Member Join Date: Mar 2010 Location: Cali Posts: 116 Drives: herra slow Rep Power: 16	Is this legit........ __________________ IG impwks_wes

09-30-2010, 04:00 PM	#8 (permalink)
ChrisSlicks A True Z Fanatic Join Date: Mar 2009 Location: North East Posts: 6,203 Drives: 09 370Z Sport M6 Rep Power: 654	Yes, it is legit. After the raffle ends they sell the car to the charity, the charity uses the monies raised in the raffle to buy the car and give it to the winner, the balance of the money raised goes to the charity. I think this just went live today. __________________ Hotchkis ARB \| Stillen CAI \| Art Pipes \| Berk CBE \| Stillen AP Racing Brakes \| AE Performance Oil Cooler \| BC Racing ER Coilovers \| Doran Control Arms

09-30-2010, 04:09 PM	#10 (permalink)
optiontrader Track Member Join Date: Jul 2010 Location: Smog Hell, SoCal Posts: 595 Drives: 40th Rep Power: 16	Well, at least the money I save for possibly getting this free can go to the maintenance costs. I'm in for $50, LOL... __________________ 40th Anniversary Z - 3M Paint Protection Film, CA Legal Tint! (70/40)

09-30-2010, 03:32 PM	#2 (permalink)
kenchan A True Z Fanatic Join Date: Aug 2009 Location: N/A Posts: 76,801 Drives: N/A Rep Power: 141521	3000x50 = 150,000 ok, you might win.

09-30-2010, 03:38 PM	#3 (permalink)
halogodx Base Member Join Date: Sep 2009 Location: daytona beach Posts: 93 Drives: 09 nissan 370z 7AT Rep Power: 16	"If a minimum of 1,500 tickets are not sold the raffle will default to a 50/50 and the winner will receive half the value of the collected revenue." They win both way slol

09-30-2010, 03:52 PM	#6 (permalink)
Jeffblue A True Z Fanatic Join Date: Dec 2009 Location: NY Age: 37 Posts: 9,192 Drives: Z32TT & 335xi Coupe Rep Power: 38	maybe some guy who's wife wears the pants will win it and he will have to sell the car and try to get more than MSRP for it. THAT would be weird huh...

09-30-2010, 04:01 PM	#9 (permalink)
Cunnos Base Member Join Date: Mar 2010 Location: boston,ma Posts: 230 Drives: 2010 370z 40th anniv Rep Power: 16	Yes it is legit. Open the link and they EVEN put their lawyers phone number up on the site if people want to call in and check it out.

09-30-2010, 04:14 PM	#11 (permalink)
daleks Enthusiast Member Join Date: Apr 2010 Location: St. Louis Posts: 424 Drives: 2011 Evo X MR Rep Power: 16	The expected value of your return on a $50 raffle ticket that's one in 3,000 is $26.67 (assuming $80,000 MSRP with destination), which isn't that bad when compared to other raffles.