App. St. Rubicon Jeep Contest

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App. St. Rubicon Jeep Contest

Unread post by BambooRdApp » Mon Jun 24, 2024 12:42 pm

If you need a new jeep, here is your chance to win one cheaply...well, the taxes may not be so cheap 🤣

https://x.com/appstatesports/status/180 ... nk4nA&s=19
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Re: App. St. Rubicon Jeep Contest

Unread post by AppBox » Mon Jun 24, 2024 2:28 pm

BambooRdApp wrote:
Mon Jun 24, 2024 12:42 pm
If you need a new jeep, here is your chance to win one cheaply...well, the taxes may not be so cheap 🤣

https://x.com/appstatesports/status/180 ... nk4nA&s=19
If I'm reading the rules correctly, you even get help with the taxes, quoted below:

The prize for this Raffle is a Jeep Wrangler (the “Jeep”) valued at $84,495.53 and a $20,000.00 cash prize (the “Prize”).

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Re: App. St. Rubicon Jeep Contest

Unread post by biggie » Mon Jun 24, 2024 2:52 pm

Is a Jeep worth $84k now?

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Re: App. St. Rubicon Jeep Contest

Unread post by AppBox » Mon Jun 24, 2024 3:00 pm

Only if Rubitrux stitches the headsets...

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Re: App. St. Rubicon Jeep Contest

Unread post by AppSt94 » Mon Jun 24, 2024 3:04 pm

AppBox wrote:
Mon Jun 24, 2024 2:28 pm
BambooRdApp wrote:
Mon Jun 24, 2024 12:42 pm
If you need a new jeep, here is your chance to win one cheaply...well, the taxes may not be so cheap 🤣

https://x.com/appstatesports/status/180 ... nk4nA&s=19
If I'm reading the rules correctly, you even get help with the taxes, quoted below:

The prize for this Raffle is a Jeep Wrangler (the “Jeep”) valued at $84,495.53 and a $20,000.00 cash prize (the “Prize”).
It helps but you still have a $20k ish tax bill.

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Re: App. St. Rubicon Jeep Contest

Unread post by biggie » Mon Jun 24, 2024 3:05 pm

AppSt94 wrote:
Mon Jun 24, 2024 3:04 pm
AppBox wrote:
Mon Jun 24, 2024 2:28 pm
BambooRdApp wrote:
Mon Jun 24, 2024 12:42 pm
If you need a new jeep, here is your chance to win one cheaply...well, the taxes may not be so cheap 🤣

https://x.com/appstatesports/status/180 ... nk4nA&s=19
If I'm reading the rules correctly, you even get help with the taxes, quoted below:

The prize for this Raffle is a Jeep Wrangler (the “Jeep”) valued at $84,495.53 and a $20,000.00 cash prize (the “Prize”).
It helps but you still have a $20k ish tax bill.
Would you be taxed on the total value of $104k? So around $40k in taxes?

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Re: App. St. Rubicon Jeep Contest

Unread post by biggie » Mon Jun 24, 2024 3:06 pm

AppBox wrote:
Mon Jun 24, 2024 3:00 pm
Only if Rubitrux stitches the headsets...
For that much I'd hope that they V8 swapped it. But doubt it and guess the details will come out later of what was done.

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Re: App. St. Rubicon Jeep Contest

Unread post by AppBox » Mon Jun 24, 2024 3:07 pm

I'd pay the extra $20k and sell the jeep at a discount. My daughter would only be mad for a few years.

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Re: App. St. Rubicon Jeep Contest

Unread post by AppBox » Mon Jun 24, 2024 3:08 pm

biggie wrote:
Mon Jun 24, 2024 3:06 pm
AppBox wrote:
Mon Jun 24, 2024 3:00 pm
Only if Rubitrux stitches the headsets...
For that much I'd hope that they V8 swapped it. But doubt it and guess the details will come out later of what was done.
It was suspension and a few other things. I agree, would be nice with a hemi swap but doesn't have that.

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Re: App. St. Rubicon Jeep Contest

Unread post by Mjohn1988 » Mon Jun 24, 2024 3:09 pm

Car tax in NC is 3%…$2,520

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Re: App. St. Rubicon Jeep Contest

Unread post by biggie » Mon Jun 24, 2024 3:10 pm

Mjohn1988 wrote:
Mon Jun 24, 2024 3:09 pm
Car tax in NC is 3%…$2,520
But you are taxed on a profit/winning amount like the lottery, 40% I assumed.

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Re: App. St. Rubicon Jeep Contest

Unread post by AppBox » Mon Jun 24, 2024 3:10 pm

biggie wrote:
Mon Jun 24, 2024 3:06 pm
AppBox wrote:
Mon Jun 24, 2024 3:00 pm
Only if Rubitrux stitches the headsets...
For that much I'd hope that they V8 swapped it. But doubt it and guess the details will come out later of what was done.
Not even a winch :lol:

The Jeep comes complete with top-of-the-line upgrades that include heated front seats and steering wheel, App State "A" stitched headrests, hard-top headliner and a 12.3-inch touch screen display. RubiTrux has equipped this vehicle with premium suspension, fog lights, wheels and tires designed for rugged off-road and comfortable on-road use.

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Re: App. St. Rubicon Jeep Contest

Unread post by AppBox » Mon Jun 24, 2024 3:11 pm

All that being said, it's still cool and I'll enter.

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Re: App. St. Rubicon Jeep Contest

Unread post by biggie » Mon Jun 24, 2024 3:13 pm

It is cool and I like this one better than the last one. Sadly if I won I'd have to sell it and would feel horrible for doing so.

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Re: App. St. Rubicon Jeep Contest

Unread post by AppSt94 » Mon Jun 24, 2024 3:15 pm

biggie wrote:
Mon Jun 24, 2024 3:05 pm
AppSt94 wrote:
Mon Jun 24, 2024 3:04 pm
AppBox wrote:
Mon Jun 24, 2024 2:28 pm
BambooRdApp wrote:
Mon Jun 24, 2024 12:42 pm
If you need a new jeep, here is your chance to win one cheaply...well, the taxes may not be so cheap 🤣

https://x.com/appstatesports/status/180 ... nk4nA&s=19
If I'm reading the rules correctly, you even get help with the taxes, quoted below:

The prize for this Raffle is a Jeep Wrangler (the “Jeep”) valued at $84,495.53 and a $20,000.00 cash prize (the “Prize”).
It helps but you still have a $20k ish tax bill.
Would you be taxed on the total value of $104k? So around $40k in taxes?
Correct. Taxed on the value of the Jeep and the cash which is about $40k. I was factoring the $20k in cash to offset.

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Re: App. St. Rubicon Jeep Contest

Unread post by BambooRdApp » Mon Jun 24, 2024 3:24 pm

I entered. At the end of the day, you are better off if you win... whether you have to sell the jeep or not...if you win, you can have a party in Bloomington


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Re: App. St. Rubicon Jeep Contest

Unread post by Bootsy » Mon Jun 24, 2024 7:47 pm

Once again…I am late to the party.
Dumb question: has the raffle been held yet?

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Re: App. St. Rubicon Jeep Contest

Unread post by BambooRdApp » Mon Jun 24, 2024 8:14 pm

Bootsy wrote:
Mon Jun 24, 2024 7:47 pm
Once again…I am late to the party.
Dumb question: has the raffle been held yet?
No. Will held during a week of a football game and winner announcement at the following home game. Will later in football season. Not sure when cut-off date to buy .will be when 4009 tickets sold or several weeks before drawing date.
Today I Give My All For Appalachian State!!
#FreeMillerHillForMoMoney!!

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