Miami Vice movie boat (MTI) sold $175,000?
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According to the Barrett-Jackson website (see below) the 2006 MTI 39RM Miami Vice movie boat sold for $175,000, before buyers 10% commission. It was a waste of a movie, but this this price can not be right, can it.
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I was watching last night. The package of boat, trailer and Hummer H2 originally sold for $485K, and then for some reason the bidding was re-opened the package resold for $500K. The boat looked awesome with a different repaint from the movie.
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How many threads can we have on this topic? Its one fricking boat on the Orange County Choppers of car auctions.
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I didn't see the re-open, but was shocked at the low price of 485K! I think the owner got a quick hammer, thats what he gets for trying to sell a boat at a car auction. Some cars they held and held the hammer trying to get the prices up. Don't think the 1 M for the first ZR1 was too bad, lots of guys like serial No 0001...
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The auctioners are azz holes. Just recently the hammer was down, then the bid is keep going. $25,000 more.
Then the guy keeps the hammer up for an hour. Milking the commissions.
Then the guy keeps the hammer up for an hour. Milking the commissions.
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The million for the ZR-1 is sort of interesting, all of the money is given directly to the United Way, Barret Jackson doesn't take a cut out of it. You stroke a cheque for $1 million directly to the United Way, they give you a tax receipt for $1 million less the MSRP of the car....
If you were going to donate that kind of money to a charity, and there are a lot of people who donate that kind of money every year, way not get a pretty cool car with it.
So if you sell it in 50 years do you get tagged for capital gains based on the MSRP, or the $1 million price ? Or do you even get tagged for that kind of capital gain in the States/