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Saw this on a commercial this evening on the Military Channel...

Some sort of giveaway contest...

http://hellcatx.com/

but what is interesting... the prize is one of two cars...

the first is a 1970 Challenger with a 440 Six Pack...

the second is a Hellcat....

but this one is a one of a kind....

it has a Turbo feeding a Supercharger....

claiming an engine output of over 800 HP....

ya gotta like that....

Would hate to have to feed that baby today.

In '75 my Evening Supervisor offered to sell me her '70 Challenger 440. With gas at just over $0.50 a gallon she didn't want it any more. Wanted $1800 for it.
super unleaded is a 1.99 here.
my super car days are gone. I'll stick with my 4 cylinder.
Back in the mid 90's a young married father I worked with won a brand new Dodge Viper in a contest put on by a large Mopar dealership. What you'd think would be a dream come true for many young men unfortunately turned into a big let down and a major hassle when he discovered all the mandatory extras he had to pay for out of his own pocket.

He asked the dealership if he could sell it back to them at their wholesale cost. They told him they possibly could buy it back but their offer would be no where close to their dealer cost. Legally it had to be titled in his name first therefore his "brand new" Viper became a used vehicle.

IIRC he wound up selling it at a quite a bit below book value just so he could hurry up and pay for all the sales and luxury taxes, insurance, plus the added tax on his income for that year. He said after all was said and done he had a few thousand left over.
http://www.dreamgiveaway.com/c/rules


10. Grand-Prize. b] For purposes of federal taxes, the net fair market value of the Grand-Prize, plus any published cash award applied toward the IRS withholding requirement, as of the date the winner receives the Grand-Prize, will determine the net value of the Grand-Prize, not the approximate current retail value of the Grand-Prize. If the cash portion of the Grand-Prize, should any exist, not fulfill the withholding requirement calculated by applying the IRS gross-up formula to the net fair market value of the grand-prize at the time of the award, the Winner will be required to fund the difference at (or prior) to receiving the Grand-Prize. Grand-Prize Winner is responsible for all taxes resulting from winning the Grand-Prize including all federal, state and local, taxes, fees, assessments and like charges. [/b]

they value the thing @ 175K

Not saying its not worth it, good cause, but go read the whole thing and find out the number of strings, then decide if the things worth it.

I would have to sell em both just for the state and local taxes.
cabin neighbor has a hellcat on the way here

he's got his Challenger up for sale, 40K or so he's asking


got a feeling he's gonna have 2 BA cars for awhile
My son took me for a ride in a 700 hp version.
It had plenty of power.
It sold for $80,000 used.
Originally Posted by Swifty52
http://www.dreamgiveaway.com/c/rules


10. Grand-Prize. b] For purposes of federal taxes, the net fair market value of the Grand-Prize, plus any published cash award applied toward the IRS withholding requirement, as of the date the winner receives the Grand-Prize, will determine the net value of the Grand-Prize, not the approximate current retail value of the Grand-Prize. If the cash portion of the Grand-Prize, should any exist, not fulfill the withholding requirement calculated by applying the IRS gross-up formula to the net fair market value of the grand-prize at the time of the award, the Winner will be required to fund the difference at (or prior) to receiving the Grand-Prize. Grand-Prize Winner is responsible for all taxes resulting from winning the Grand-Prize including all federal, state and local, taxes, fees, assessments and like charges. [/b]

they value the thing @ 175K

Not saying its not worth it, good cause, but go read the whole thing and find out the number of strings, then decide if the things worth it.

I would have to sell em both just for the state and local taxes.


that fine print is in every big giveaway. Feds demand their cut
The winner also gets 40K to cover taxes...but I bet it wont!
Not that I have to worry about winning one....

but I posted this with the focus being on the Hellcat X, NOT the Contest Prize and Taxes....

I'm more into the Technical and Mechanical Achievements of a car... not that I don't like Muscle Cars...

Just thought that this Hellcat was off the scale on the Cool Factor....they were doing the Supercharger and Turbos on Aircraft engines back during WW 2....think it is about time you see it on a car....

I couldn't even contemplate what I must be like to test drive a Hellcat...

the next thing on my list to see is if they come out with that All Wheel Drive Challenger, that they were displaying as a concept vehicle, that my son showed me on line..
It have 4WD?
There is a guy that has one around here.

I would not want to buy the tires for it And it does haul the mail.
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