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Old 01-18-2020, 6:41pm   #1
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Default Vintage #0001 sold

C8 vintage number 0001 sold for 3,000,000.00
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Old 01-18-2020, 6:42pm   #2
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The dealer markup is insane.
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Old 01-18-2020, 6:42pm   #3
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Did Hendrick buy it?
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Old 01-18-2020, 6:42pm   #4
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I hope the $$ went to a charity.
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Old 01-18-2020, 6:43pm   #5
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Quote:
Originally Posted by VITE1 View Post
C8 vintage number 0001 sold for 3,000,000.00
Rick Hendricks, who also bought Vin #1 of the New Lexus for $1,500,000 yesterday

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Old 01-18-2020, 6:44pm   #6
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I hope the $$ went to a charity.
Detroit school special program
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Old 01-18-2020, 6:44pm   #7
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I hope the $$ went to a charity.
Kids group in Detroit.

Barret-Jackson auction.
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Old 01-18-2020, 6:45pm   #8
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Detroit school special program
Quote:
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Kids group in Detroit.

Barret-Jackson auction.
Nice.
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Old 01-18-2020, 6:54pm   #9
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Did Hendrick buy it?
Of course!
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Old 01-18-2020, 6:58pm   #10
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Quote:
Originally Posted by VITE1 View Post
C8 vintage number 0001 sold for 3,000,000.00
"Vintage number"? WTF is that?
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Old 01-18-2020, 7:03pm   #11
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Just watched and sent it to my dad. (He’s in the hospital right now.)

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Old 01-18-2020, 7:11pm   #12
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Just watched and sent it to my dad. (He’s in the hospital right now.)

https://youtu.be/157BBm8GOqk
I hope he is well.
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Old 01-18-2020, 7:12pm   #13
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Quote:
Originally Posted by MadInNc View Post
Rick Hendricks, who also bought Vin #1 of the New Lexus for $1,500,000 yesterday

So any amount over the “fair market value” of the item is considered a charitable contribution so its tax deductible. I would assume the FMV in this case is the MSRP of the actual car that is delivered?
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Old 01-18-2020, 7:19pm   #14
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So any amount over the “fair market value” of the item is considered a charitable contribution so its tax deductible. I would assume the FMV in this case is the MSRP of the actual car that is delivered?


Let's assume it was optioned out to a list price of $100K. He paid $3M so he gets a charitable tax deduction of $2.9M ( provided his accountant has all the ducks in a row )
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Old 01-18-2020, 7:24pm   #15
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Quote:
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"Vintage number"? WTF is that?
Autocorrect.
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Old 01-18-2020, 7:34pm   #16
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Quote:
Originally Posted by NEED-A-VETTE View Post
Just watched and sent it to my dad. (He’s in the hospital right now.)

https://youtu.be/157BBm8GOqk
Meh. Mustangs sell for more...
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Old 01-18-2020, 7:36pm   #17
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I hope he is well.
Thanks.

He’s recovering nicely. Intestinal obstruction that ended up with a bowel resection.

He’s a retired GM engineer. He’s a big car guy.

The first car I have a memory of when I was a kid was his 69 Chevelle SS coupe. He sold it when I was about 10, so that would’ve been ‘84. That’s the one car he says he wished he would’ve hung onto.

He used to drag race with it. The first time my mom drove it (shortly after they were married) he told her to push on the gas peddle very gently. Like she was stepping on an egg without cracking it. He got the, “I’m not dumb. I know how to drive a car...!!!” shortly followed by unintentional doughnuts in the parking lot.

The way my dad tells the story...that was a quiet ride home.
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Old 01-18-2020, 7:37pm   #18
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Did anyone catch why the McLaren Senna that was sold after the C8 went for $850k? that's basically MSRP.
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Old 01-18-2020, 7:40pm   #19
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Meh. Mustangs sell for more...
If you want to see some cool cars, run over to CNC motors off the 210. I think it’s in Upland. They usually have at least 2-3 pretty unique cars for sale at any given time.
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Old 01-18-2020, 7:42pm   #20
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Is it a prearranged bid? What if someone else decided they wanted to outbid him?
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