The first car was a no sale at $90,000 The second car sold at $99,750 The last car sold at $60,375 These prices are from the Mecum site as I did not attend. The total sale of the auction was $20,739,151 with 51% of the vehicles sold.
Then the third car looks like a pretty good deal and probably the market price. I'm a CPA, and the way we look at the value of things is the lowest price something has sold at lately. So that QQ GSX may have set the price at $60K.
Actually, if you want to pay less tax you do. LOL I got a 50% tax deduction on the new GMC pick up truck I bought a year ago a few days after Katrina because my properties are in the disaster zone and my truck is registered under one of the businesses. It's all legit but there are ways to do things that get the most benefit. As for the GSX, that is probably fair for where it is and what conditionit is in.
The X's certainly didn't break any records this day! Neither did the Copos or Hemis. An is an auction and nothing more. Patrick
