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Title: D16RR Raffle, $40 per ticket Post by: DucatiTorrey on June 22, 2010, 03:54:41 AM "Los Feliz Charter School for the Arts (LFCSA) is pleased to announce a charity raffle with the grand prize being the last brand new, team liveried, fully 3-year warranted, never before registered, Ducati Desmosedici in North America. This charity raffle will raise money to benefit LFCSA. The Desmosedici winner will be announced at this summer’s Laguna Seca MotoGP event. Tickets for this raffle are $40 each. The MSRP of the Ducati is $72,500. The D16RR was provided by Bill Nation, owner of Pro Italia Motorcycles (Glendale, CA) and the parent of a student at LFCSA."
wow. wow. [clap] http://losfelizarts.org/support-lfcsa/ducati-desmosedici/ (http://losfelizarts.org/support-lfcsa/ducati-desmosedici/) (http://losfelizarts.org/wp-content/uploads/2010/06/Ducati-Raffle-Image.jpg) Title: Re: D16RR Raffle, $40 per ticket Post by: sfarchie on June 22, 2010, 04:29:49 AM I just saw this on my fb page. Checking with my insurance company to see how much I will have to pay when I win it. ;)
Title: Re: D16RR Raffle, $40 per ticket Post by: Raux on June 22, 2010, 04:39:51 AM well thanks for checking for me. you can pay my insurance if you want, but i'll be the only rider [laugh]
but i just tried Pro Italia's website and it isn't on there. Title: Re: D16RR Raffle, $40 per ticket Post by: arai_speed on June 22, 2010, 08:16:47 AM Ohhh I am so there! I've heard from DR16 owners that insurance is not that much as it's based primarily on the bikes CCs - which was surprising to me because of the value of the bike... but that's what they said.
Title: Re: D16RR Raffle, $40 per ticket Post by: duccarlos on June 22, 2010, 08:22:32 AM Wow, nice!!
Title: Re: D16RR Raffle, $40 per ticket Post by: Triple J on June 22, 2010, 08:44:09 AM That's gonna make me a sweet track bike! ;D
They're only taking phone numbers now for tickets...can't sell them until tomorrow morning apparently. Title: Re: D16RR Raffle, $40 per ticket Post by: Turf on June 22, 2010, 09:27:29 AM hellz yea, i'm in
Title: Re: D16RR Raffle, $40 per ticket Post by: monster monkey on June 22, 2010, 10:31:57 AM I just read the email for this from ProIT. [drool]
If my math is correct, $40 for a $72,500 bike...that's a terrible return on your investment...... Title: Re: D16RR Raffle, $40 per ticket Post by: lawbreaker on June 22, 2010, 10:35:06 AM ... I'm stopping by after work to buy my ticket !! [thumbsup]
Title: Re: D16RR Raffle, $40 per ticket Post by: muskrat on June 22, 2010, 11:13:54 AM got my two tickets. now I'll dream until drawing and wish, wish, wish.
Title: Re: D16RR Raffle, $40 per ticket Post by: Raux on June 22, 2010, 11:30:20 AM got the one :D
of course you all can buy one, but I already have the winning one :P Title: Re: D16RR Raffle, $40 per ticket Post by: Cider on June 22, 2010, 12:05:15 PM Forget about the insurance. Just wait until you get the tax bill [evil].
Title: Re: D16RR Raffle, $40 per ticket Post by: DrDesmo on June 22, 2010, 12:06:49 PM Nice! Just keep in mind everyone that you'll need to pay the taxes on it prior to delivery as the IRS doesn't consider it a gift ... But still, a $20k D16RR? Sign me up ;D
Title: Re: D16RR Raffle, $40 per ticket Post by: hadesducati848 on June 22, 2010, 12:15:11 PM Nice! Just keep in mind everyone that you'll need to pay the taxes on it prior to delivery as the IRS doesn't consider it a gift ... But still, a $20k D16RR? Sign me up ;D would taxes really be that high?... would you have to pay a luxury tax on it? Title: Re: D16RR Raffle, $40 per ticket Post by: He Man on June 22, 2010, 12:22:54 PM Can you just NOT register the bike?
Title: Re: D16RR Raffle, $40 per ticket Post by: duccarlos on June 22, 2010, 12:25:42 PM 6.5% in most states. Around 50% in California.
Title: Re: D16RR Raffle, $40 per ticket Post by: DrDesmo on June 22, 2010, 12:33:04 PM 6.5% in most states. Around 50% in California. This has nothing to do with sales or registration tax. IRS treats it as "income" fyi, so ... 25% (28% backup withholding if you don't produce ID) Edit: http://www.ehow.com/list_6526817_implications-raffle-tax.html (http://www.ehow.com/list_6526817_implications-raffle-tax.html) Title: Re: D16RR Raffle, $40 per ticket Post by: damianS4RS on June 22, 2010, 12:37:50 PM how much is a kidney worth? I have 2 of those..
that should cover it. plus think of how much lighter i'll be! Title: Re: D16RR Raffle, $40 per ticket Post by: fastwin on June 22, 2010, 03:22:01 PM I called and got my two tickets in the pot. The guy who took my phone order said the tickets were selling like hot cakes! Wonder what it would look like all chromed up and with an extended swingarm?? Hmmmm...
Title: Re: D16RR Raffle, $40 per ticket Post by: hadesducati848 on June 22, 2010, 03:32:55 PM I called and got my two tickets in the pot. The guy who took my phone order said the tickets were selling like hot cakes! Wonder what it would look like all chromed up and with an extended swingarm?? Hmmmm... oh and dont forget the turbo charger and those neon lights too [thumbsup] Title: Re: D16RR Raffle, $40 per ticket Post by: Statler on June 22, 2010, 03:35:07 PM Pro-Italia just picked up a DMF sponsorship btw. I wonder if that knocks all the flounders out of the raffle....hmmmmm.
If I win the bike I'll get DP to put a big DMF logo on the side. (and I promise to not raid the DMF operating fund to cover the taxes....honest). ;D Title: Re: D16RR Raffle, $40 per ticket Post by: DoubleEagle on June 22, 2010, 04:52:54 PM I saw not long ago a very low mileage Desmo for $42,000.
I think it was in Florida. Dolph :) Title: Re: D16RR Raffle, $40 per ticket Post by: Povidius on June 22, 2010, 05:44:58 PM Some one tell that girl to get off my bike! >:(
...I'm kidding. But seriously, I'm going to win this! [thumbsup] Title: Re: D16RR Raffle, $40 per ticket Post by: slyfox on June 22, 2010, 06:05:31 PM got my two tickets. now I'll dream until drawing and wish, wish, wish. only 2? ........ try 20 tickets ... that should give you a nicer dreamTitle: Re: D16RR Raffle, $40 per ticket Post by: Duck-Stew on June 22, 2010, 06:21:16 PM Pro-Italia just picked up a DMF sponsorship btw. I wonder if that knocks all the flounders out of the raffle....hmmmmm. If I win the bike I'll get DP to put a big DMF logo on the side. (and I promise to not raid the DMF operating fund to cover the taxes....honest). ;D Hope not... I've got "plans" for that sucker. [evil] Title: Re: D16RR Raffle, $40 per ticket Post by: DucatiTorrey on June 23, 2010, 04:13:21 AM Just an update on their ticket sales, they've sold 200 tickets already, and they think thats all since its only phone sales (online is illegal) they said the phone was nonstop all day.
Title: Re: D16RR Raffle, $40 per ticket Post by: DucMouse the Mighty on June 23, 2010, 04:22:29 AM got my ticket [popcorn]
Title: Re: D16RR Raffle, $40 per ticket Post by: muskrat on June 23, 2010, 04:24:13 AM only 2? ........ try 20 tickets ... that should give you a nicer dream can't buy that many, something to do with taxes when I win. >:( Title: Re: D16RR Raffle, $40 per ticket Post by: Grappa on June 23, 2010, 08:54:26 AM Just bought my tix. Think I'll want a seat with just a little more padding though. Heck if I even won that thing I think I would be to nervous to ride it. :o Wonder what the service intervals and corresponding costs are for that bike. :o :o
Title: Re: D16RR Raffle, $40 per ticket Post by: Popeye the Sailor on June 23, 2010, 11:23:32 AM Got one ticket.
Title: Re: D16RR Raffle, $40 per ticket Post by: ducpainter on June 23, 2010, 02:47:01 PM Anyone know what their business hours are?
Title: Re: D16RR Raffle, $40 per ticket Post by: Duck-Stew on June 23, 2010, 03:54:48 PM 1-818-249-5707 it's on the voice msg that picks up...
IIRC it's 10-6 PST. Title: Re: D16RR Raffle, $40 per ticket Post by: slyfox on June 23, 2010, 04:12:28 PM can't buy that many, something to do with taxes when I win. >:( I thought taxes are based on winning prize not your investment..... Good luck anyway...Title: Re: D16RR Raffle, $40 per ticket Post by: DucatiTorrey on June 23, 2010, 04:58:24 PM h. Heck if I even won that thing I think I would be to nervous to ride it. a guy in my old town had one, would ride it to our meets. He said its scary. He also has an HP5, a GT3 RS, and a carrera GT his only real complaint was smelling like formula one fuel when he got to work! Title: Re: D16RR Raffle, $40 per ticket Post by: muskrat on June 23, 2010, 06:15:32 PM I thought taxes are based on winning prize not your investment..... Good luck anyway... Need every dollar to pay taxes 8)Title: Re: D16RR Raffle, $40 per ticket Post by: OwnyTony on June 24, 2010, 10:46:08 AM Got 2 tickets myself. I think about 1/3 of the tickets have sold already.
Title: Re: D16RR Raffle, $40 per ticket Post by: Grappa on June 27, 2010, 04:28:11 PM I called these guys on Wednesday, bought a ticket, gave them my info. Haven't received a confirmation email yet, and they haven't charged my credit card yet. Anyone have a similar experience? I will call them tomorrow when they are open, but just kind of curious about it.
Title: Re: D16RR Raffle, $40 per ticket Post by: fastwin on June 27, 2010, 04:40:23 PM Yes, me too. I have heard nothing and have not received anything via USPS. Maybe too soon. I still have faith something will show this week.
Title: Re: D16RR Raffle, $40 per ticket Post by: danaid on June 27, 2010, 05:59:48 PM I called last Wednesday also, the guy at pro italia said they are waiting to receive the raffle tickets before they can charge your card.
Doesn't matter for you guys anyways, the bike is mine! Hehe :D Title: Re: D16RR Raffle, $40 per ticket Post by: Turf on June 27, 2010, 06:28:13 PM I figure 1 in 2500 is better than 1 in never.
At very least i get a month to dream about what i'm going to do with my 'sedici Title: Re: D16RR Raffle, $40 per ticket Post by: Grappa on June 27, 2010, 06:41:28 PM At very least i get a month to dream about what i'm going to do with my 'sedici Yeah, I've fallen into this trap too. It's a sickness! [evil] Title: Re: D16RR Raffle, $40 per ticket Post by: DoubleEagle on June 28, 2010, 04:20:22 PM Might as well buy some Power Ball and Lottery tickets too and dream real big ! !
I can't even pick the 1st through 5th place finishers in a 16 man MOTOGP Race. [bang] Dolph Title: Re: D16RR Raffle, $40 per ticket Post by: Raux on June 28, 2010, 07:02:56 PM Might as well buy some Power Ball and Lottery tickets too and dream real big ! ! I can't even pick the 1st through 5th place finishers in a 16 man MOTOGP Race. [bang] Dolph you know people do actually win those. but you have to play, not dream Title: Re: D16RR Raffle, $40 per ticket Post by: desmoworks on June 28, 2010, 07:51:33 PM Anyone know what their business hours are? Contact info here: http://www.ducatiperformance.com/contact.php (http://www.ducatiperformance.com/contact.php) Tuesday-Friday: 9am to 6pm Saturday: 9am to 5:30pm Sunday: 10am to 5pm - (Service Closed) Monday: closed Title: Re: D16RR Raffle, $40 per ticket Post by: desmoworks on June 28, 2010, 07:53:53 PM And just to update... over 1000 tickets sold in the first few days [thumbsup] Thanks to everyone who has purchased so far - the drawing is going to be really fun at Laguna!
Title: Re: D16RR Raffle, $40 per ticket Post by: Dareduc on June 29, 2010, 05:52:16 AM I wish my dad that had something he could have donated that would have got my school a 100 grand.... they may have been able to afford text books that weren't written during the depression on cardboard boxes and bond with twine... beyond the excellent chance for a beautiful bike... cheers to all the kids who will benefit from our greedy contributions! and cheers to the pro italia owner for looking out for his local school!
Title: Re: D16RR Raffle, $40 per ticket Post by: DucMouse the Mighty on June 29, 2010, 05:53:26 AM i bought my ticket a week ago and still havent got it in yet....
Title: Re: D16RR Raffle, $40 per ticket Post by: DucatiTorrey on July 02, 2010, 10:27:24 AM half the tickets are sold!
(http://sphotos.ak.fbcdn.net/hphotos-ak-snc4/hs153.snc4/36998_411784372489_51504397489_4350561_2777540_n.jpg) Title: Re: D16RR Raffle, $40 per ticket Post by: Duck-Stew on July 02, 2010, 11:12:39 AM AWESOME!!!!
(I hope those kids aren't scratching up my paint!) ;) Title: Re: D16RR Raffle, $40 per ticket Post by: Statler on July 02, 2010, 11:14:17 AM tickets arrived in today's mail.
fingers will be crossed until Laguna. ;D Title: Re: D16RR Raffle, $40 per ticket Post by: fastwin on July 02, 2010, 11:31:00 AM Got mine today also. [thumbsup]
Title: Re: D16RR Raffle, $40 per ticket Post by: Raux on July 02, 2010, 11:34:57 AM AWESOME!!!! (I hope those kids aren't scratching up Title: Re: D16RR Raffle, $40 per ticket Post by: muskrat on July 02, 2010, 01:59:26 PM if the kids scratch the paint it's a tax write off right?
Title: Re: D16RR Raffle, $40 per ticket Post by: duccarlos on July 06, 2010, 09:31:08 AM if the kids scratch the paint it's a tax write off right? Of course, you pay $18,120 instead of $18,125. Title: Re: D16RR Raffle, $40 per ticket Post by: Monsterlover on July 06, 2010, 11:58:07 AM How much will the IRS hit you for if you win this thing?
Pretty sure this would fall under gambling winnings. . . Title: Re: D16RR Raffle, $40 per ticket Post by: DrDesmo on July 06, 2010, 12:10:12 PM 25 percent, as its a game of chance/raffle/etc.
How much will the IRS hit you for if you win this thing? Pretty sure this would fall under gambling winnings. . . Title: Re: D16RR Raffle, $40 per ticket Post by: Monsterlover on July 06, 2010, 12:15:24 PM of MSRP? ($75000?)
If so then I'd have to shell out $18,750 if I won? Title: Re: D16RR Raffle, $40 per ticket Post by: Veloce-Fino on July 06, 2010, 12:23:48 PM of MSRP? ($75000?) If so then I'd have to shell out $18,750 if I won? And that is why I hate the federal government. You lose, you lose. You win, you lose. Either way, you lose. Title: Re: D16RR Raffle, $40 per ticket Post by: Popeye the Sailor on July 06, 2010, 01:17:47 PM Can we not get this locked with polotocal talk? I want to be able to post up when I win this, and how much I'm selling it for.
Title: Re: D16RR Raffle, $40 per ticket Post by: muskrat on July 06, 2010, 01:20:33 PM I'm sure most banks will take the title for a loan like that. [moto]
Or work out payments with the Feds. [evil] Title: Re: D16RR Raffle, $40 per ticket Post by: Rob Hilding on July 06, 2010, 01:34:34 PM When I win ........
I won't Title: Re: D16RR Raffle, $40 per ticket Post by: Duck-Stew on July 06, 2010, 05:25:38 PM You can't win BozcoRob... THAT bike actually runs AND it's not yellow! [laugh]
Title: Re: D16RR Raffle, $40 per ticket Post by: muskrat on July 06, 2010, 06:12:20 PM I still don't have my tickets [popcorn]
Title: Re: D16RR Raffle, $40 per ticket Post by: duccarlos on July 07, 2010, 04:35:10 AM Can we not get this locked with polotocal talk? I want to be able to post up when I win this, and how much I'm selling it for. Charity. You'll get a huge deduction. I've seen too many DD's on the market. Title: Re: D16RR Raffle, $40 per ticket Post by: Raux on July 07, 2010, 06:41:56 AM i just received the winning ticket in the mail today. sorry guys [laugh]
Title: Re: D16RR Raffle, $40 per ticket Post by: cyrus buelton on July 07, 2010, 08:31:14 AM I'm sure most banks will take the title for a loan like that. [moto] Or work out payments with the Feds. [evil] If I remember correctly, I don't think you can take a direct loan out to pay federal taxes. However, I suppose if you put an equity line on your house, they would have no idea where the money was going. but then again, is it worth shelling out 18k for a bike that has such limited use other than saying own one? Charity. You'll get a huge deduction. I've seen too many DD's on the market. You got it right there. Donate it to the Good Will or any other charity. That 75,000$ tax credit will exceed what you pay on it. I did the calculations for a friend a year ago if he hit a hole in one, he'd win a lexus, which was valued about the same. You make out much better donating it. then go buy a 1098R It performs better anyway. Title: Re: D16RR Raffle, $40 per ticket Post by: Popeye the Sailor on July 07, 2010, 10:27:15 AM Only if you're not already maxed out on writeoffs.
I'd take the S1000RR over the 1098R-far cheaper to buy. Title: Re: D16RR Raffle, $40 per ticket Post by: cyrus buelton on July 07, 2010, 11:29:29 AM Only if you're not already maxed out on writeoffs. I'd take the S1000RR over the 1098R-far cheaper to buy. Well yeah, that true on the write-off part. It depends what you donate each year. I was just using the 1098 as an example since it is a race bike like the D16RR. I personally have no interest in either of them. They are uncomfortable for me to ride as are most crotch rocket style bikes. I'd rather have a GS1200. Title: Re: D16RR Raffle, $40 per ticket Post by: Raux on July 07, 2010, 11:35:16 AM OK explain this to me.
I win the D16, pay the taxes, donate it, file a tax deduction, get cash back, and buy an MTS 1200? who's the accountant handling this for me? Title: Re: D16RR Raffle, $40 per ticket Post by: Statler on July 07, 2010, 12:22:20 PM OK explain this to me. I win the D16, pay the taxes, donate it, file a tax deduction, get cash back, and buy an MTS 1200? who's the accountant handling this for me? Use Cyrus. He's done the calculations. Title: Re: D16RR Raffle, $40 per ticket Post by: DoubleEagle on July 07, 2010, 01:47:14 PM Only if you're not already maxed out on writeoffs. Just a note of clarification.I'd take the S1000RR over the 1098R-far cheaper to buy. Since I own both the 1098 R and the S 1000 RR I will say they are 2 entirely different animals so to speak. The " R " has so much mid range torque it will flat knock you off the bike , the RR , well I haven't opened it up yet but if the 1st 7,000 rpms are any indication about the next 7,000 rpms .............I don't know if I want to go there. Dolph :) Title: Re: D16RR Raffle, $40 per ticket Post by: Duck-Stew on July 07, 2010, 01:56:12 PM I found a local buddy who will loan me the tax $ up front on the following terms:
He gets to ride it a bunch. He gets paid back the $ when I sell it + a small %. I just hope I don't bin it an Bonneville... :P Title: Re: D16RR Raffle, $40 per ticket Post by: Statler on July 07, 2010, 02:06:21 PM there might be a DMF tax fund for flounders if all flounders can ride.
oh shit...did I say that out loud? ;D Title: Re: D16RR Raffle, $40 per ticket Post by: swampduc on July 07, 2010, 02:43:42 PM I found a local buddy who will loan me the tax $ up front on the following terms: care to open that up for competitive bids? [evil]He gets to ride it a bunch. He gets paid back the $ when I sell it + a small %. I just hope I don't bin it an Bonneville... :P and statler, good to know where the donations go [laugh] Title: Re: D16RR Raffle, $40 per ticket Post by: muskrat on July 07, 2010, 04:45:39 PM Unsecured loan [thumbsup]
And yes I plan on keeping it to say I own one and to listen to her purr. Love that sound! Oh got my two tickets today, sorry guys just move along - palm reader told me which ones to buy. Title: Re: D16RR Raffle, $40 per ticket Post by: cyrus buelton on July 07, 2010, 05:44:27 PM Use Cyrus. He's done the calculations. You're being ruthless tonight. Very unlike you. Man, you must really really hate me. OK explain this to me. I win the D16, pay the taxes, donate it, file a tax deduction, get cash back, and buy an MTS 1200? who's the accountant handling this for me? You wouldn't pay the taxes on it as you immediately donate it to a group and at the end of the year, you claim this as a contribution on your taxes and acts as a positive cash flow. So if you owe money, it will come out of there first or if you are clean and owe nothing (proud on you for having your affairs set up ideally) then you get a nice check in the maily after April 15 or whenever you file. Title: Re: D16RR Raffle, $40 per ticket Post by: duccarlos on July 07, 2010, 06:09:27 PM I would load it up with a few kilos of coke and sell it. I would then call the cops.
Title: Re: D16RR Raffle, $40 per ticket Post by: Veloce-Fino on July 07, 2010, 06:28:04 PM I would load it up with a few kilos of coke and sell it. I would then call the cops. Let me "buy" it. I would LOVE to run from the fuz on that mean machine. Not too much coke though, don't want to slow me down. [moto] Title: Re: D16RR Raffle, $40 per ticket Post by: DoubleEagle on July 07, 2010, 08:13:32 PM I would load it up with a few kilos of coke and sell it. I would then call the cops. If you have a couple of kilos of coke you could trade someone for a Desmo !...but that wouldn't be a smart move on either party's part.Dolph :) Title: Re: D16RR Raffle, $40 per ticket Post by: Monsterlover on July 08, 2010, 10:53:17 AM but then again, is it worth shelling out 18k for a bike that has such limited use other than saying own one? it surely is to me at least. To me it is far from a bike that has limited use. I'd be one of few, if any, to put 5000 miles a year on it. I'd ride it to DIMBY. At the track. In the rain. To get ice cream. And for any other reason. It would also get put on my annual bike washing routine. Area of application is in the eye of the beholder. I guarantee someone would be beholding me on that thing with luggage. And and my garmin :D Title: Re: D16RR Raffle, $40 per ticket Post by: Raux on July 08, 2010, 10:55:55 AM gotta agree. i would love to ride the heck out of that. ride it to work. bring my lunch to work and sit and each lunch staring at it.
Title: Re: D16RR Raffle, $40 per ticket Post by: duccarlos on July 08, 2010, 11:01:31 AM Coke is easy to find in South Florida.
Title: Re: D16RR Raffle, $40 per ticket Post by: Grappa on July 08, 2010, 11:16:11 AM I reckon that I would choose to ride the crap out of it as well, albeit rather nervously at first. And I would surely park it in my living room, so that I could see it and stare at it everyday. However, the thought has crossed my mind that I might sell it. Financially, if I kept it I could only have one bike. And a POS car. But if I turned around and sold it, I could have a stable. Buy a SC1000, SS1000, and another monster. You know, a little variety. Don't know what I'd do, guess I'll cross that bridge when I get to it. 8) I wonder how much the D16RR would cost to insure. And how much do you reckon it would cost to adjust 16 valves? I did my own valves on my M900, and that was enough!
Title: Re: D16RR Raffle, $40 per ticket Post by: Cider on July 08, 2010, 11:38:07 AM D16 used to come with a service plan included in the purchase price--dunno if that's still true?
BTW, I had this great idea where everybody on the board could give me $40 (but no more than $100--I don't want to be greedy) and I could buy my own D16. Title: Re: D16RR Raffle, $40 per ticket Post by: ducpainter on July 08, 2010, 03:10:15 PM it surely is can I ride it? ;Dto me at least. To me it is far from a bike that has limited use. I'd be one of few, if any, to put 5000 miles a year on it. I'd ride it to DIMBY. At the track. In the rain. To get ice cream. And for any other reason. It would also get put on my annual bike washing routine. Area of application is in the eye of the beholder. I guarantee someone would be beholding me on that thing with luggage. And and my garmin :D Title: Re: D16RR Raffle, $40 per ticket Post by: Monsterlover on July 08, 2010, 05:21:23 PM Why not?
;D Title: Re: D16RR Raffle, $40 per ticket Post by: R0CKETMAN on July 08, 2010, 10:56:26 PM Wonder what the value would be over time if it remained in its current condition.
Say 10 years, so 2020 Value same, lower, higher and at what price point. A collectable for sure. Title: Re: D16RR Raffle, $40 per ticket Post by: supertjeduc on July 09, 2010, 01:25:52 AM Lower , there is one for sale in the Netherlands (with 1500 km on it)
New price in the Netherlands was about 65000€ , asking price for the used on is 42000€ Title: Re: D16RR Raffle, $40 per ticket Post by: Popeye the Sailor on July 09, 2010, 10:56:36 AM Lower I'd say for some time, until maybe collectible status.
The performance attraction will fade as newer bikes get more impressive, for a fraction of the cost. Title: Re: D16RR Raffle, $40 per ticket Post by: Monsterlover on July 09, 2010, 01:37:04 PM S1000rr...
Title: Re: D16RR Raffle, $40 per ticket Post by: DoubleEagle on July 12, 2010, 03:49:38 PM Just a thought.
I saw where the used price for a D16RR a month ago was $43,000.( MCN used price guide ) So , if you pay $40 for the ticket, win the bike , pay like $20,000 in taxes and then it becomes a used bike as soon as you take ownership. So you could end up selling it for only $23,000 more which isn't going to buy you much of a stable unless you are buying used . Dolph Title: Re: D16RR Raffle, $40 per ticket Post by: Popeye the Sailor on July 12, 2010, 04:16:28 PM God, I'd hate to make only 23k off a $40 dollar investment. The horror.
Title: Re: D16RR Raffle, $40 per ticket Post by: Cloner on July 12, 2010, 04:31:08 PM Yeah.....makes me want to buy ANOTHER ticket! [thumbsup]
Title: Re: D16RR Raffle, $40 per ticket Post by: DoubleEagle on July 12, 2010, 04:34:55 PM Just sayin' in case sombody thought they could turn around and get $70,000 for it !
Dolph :) Title: Re: D16RR Raffle, $40 per ticket Post by: hadesducati848 on July 12, 2010, 05:30:57 PM What if you win it and just not register it, and put it up for sale as soon as you get it. sell it for say 50k and then give your GF a 50k gift and she turns around and buys you a few toys with it... would that be a loophole or fraud?
Title: Re: D16RR Raffle, $40 per ticket Post by: DoubleEagle on July 12, 2010, 06:33:58 PM I'm no expert but I think it would come off the Dealer's MSO so then it would have to be titled to someone.
Dolph :) Title: Re: D16RR Raffle, $40 per ticket Post by: Duck-Stew on July 12, 2010, 06:48:05 PM I'm no expert but I think it would come off the Dealer's MSO so then it would have to be titled to someone. Dolph :) Exactly... MUST be registered to someone. *BUT*, if you sold the ticket to someone... then you'd only be on the 'hook' for the income of the sale of that ticket. The buyer would have to be responsible for registration, taxes and such so you couldn't sell the ticket for MSRP, but I figure you could get like $20K for it easy... I'm no expert on this and I'm not advocating fraud here, but if that person wrote you like 3 checks to cover the $20K so that the amounts were less then the $10K that the IRS looks for... One to you, one to your Mom, one to the G/F... Title: Re: D16RR Raffle, $40 per ticket Post by: Raux on July 12, 2010, 07:06:54 PM i love 4000 brains collectively working together to get over on this!
Title: Re: D16RR Raffle, $40 per ticket Post by: Meerkat on July 13, 2010, 02:45:41 AM No need to worry, folks. I've got the winning ticket. [thumbsup]
Title: Re: D16RR Raffle, $40 per ticket Post by: Raux on July 13, 2010, 07:23:16 AM No need to worry, folks. I've got the winning ticket. [thumbsup] sorry. check many posts ago.. ;) Title: Re: D16RR Raffle, $40 per ticket Post by: DoubleEagle on July 13, 2010, 05:26:37 PM Here's the Deal.
If you win the Bike in the USA , you must report the MSRP as income on your 1099. Some States will allow you to not pay Sales Tax. If the MSRP is $72,500 then your reported income to the IRS will go up by $72,500 for Federal Income Tax purposes. That would surely bump most people into a higher tax bracket , but you get a D16RR for $40 plus the amount of Fed. Tax.and possibly State Taxes. Dolph :) Title: Re: D16RR Raffle, $40 per ticket Post by: DrDesmo on July 13, 2010, 08:19:39 PM Here's the Deal. If you win the Bike in the USA , you must report the MSRP as income on your 1099. Some States will allow you to not pay Sales Tax. If the MSRP is $72,500 then your reported income to the IRS will go up by $72,500 for Federal Income Tax purposes. That would surely bump most people into a higher tax bracket , but you get a D16RR for $40 plus the amount of Fed. Tax.and possibly State Taxes. Dolph :) Correct - except the organization raffling off the bike is required by federal law to collect the taxes (25%, or 28% if you don't divulge your information) prior to delivery of the bike. It outlines this very clearly on the IRS web site as well as on the raffle's web site. Cheers, Adam Title: Re: D16RR Raffle, $40 per ticket Post by: desmoworks on July 13, 2010, 10:48:08 PM Less than 400 tickets remain FYI ;D
Title: Re: D16RR Raffle, $40 per ticket Post by: Popeye the Sailor on July 14, 2010, 06:31:53 AM So when I win it I'm selling the wife's bike and using that money to buy Termi's for it.
Then, I'm going to get a givi case and commute on it in the rain [moto] Title: Re: D16RR Raffle, $40 per ticket Post by: muskrat on July 14, 2010, 08:34:29 AM how dare you forget these
(http://images.andale.com/f2/115/106/3561856/1135749084607_grips_with_streamers.jpg) Title: Re: D16RR Raffle, $40 per ticket Post by: somegirl on July 14, 2010, 09:14:02 AM So when I win it I'm selling the wife's bike and using that money to buy Termi's for it. Then, I'm going to get a givi case and commute on it in the rain [moto] Excuse me...who bought the raffle ticket? >:( [roll] Title: Re: D16RR Raffle, $40 per ticket Post by: Popeye the Sailor on July 14, 2010, 09:14:52 AM I was too ocupied with picking out chaps and big white converse sneakers.
Maybe I'll get the front raked out. If I set it up right, I can piss everyone off ;D Title: Re: D16RR Raffle, $40 per ticket Post by: Triple J on July 14, 2010, 09:20:25 AM Then, I'm going to get a givi case and commute on it in the rain [moto] Sweet! [thumbsup] Title: Re: D16RR Raffle, $40 per ticket Post by: muskrat on July 14, 2010, 10:16:11 AM If I set it up right, I can piss everyone off ;D I'll help, I'm good at pissing everyone off. [evil] Title: Re: D16RR Raffle, $40 per ticket Post by: R0CKETMAN on July 15, 2010, 11:23:00 AM Rumor has it that ticket sales end TODAY ;D!!!!
Title: Re: D16RR Raffle, $40 per ticket Post by: desmoworks on July 15, 2010, 01:22:02 PM SOLD OUT NOW! [thumbsup] Once all the tickets are shipped out - if any others are available they will be for sale at Laguna.
Title: Re: D16RR Raffle, $40 per ticket Post by: Uncle Mofo on July 15, 2010, 01:29:30 PM Don't worry guys the winning ticket was mailed to Northen Indiana [moto]
Title: Re: D16RR Raffle, $40 per ticket Post by: Duck-Stew on July 15, 2010, 03:49:58 PM After I tear up Bonneville, I think I'll turn it into a flat-tracker... [evil]
Title: Re: D16RR Raffle, $40 per ticket Post by: Popeye the Sailor on July 15, 2010, 06:48:16 PM Stu, can you tell me how to measure out which extended chrome swingarm I need when I rake it out to 9 feet long?
Title: Re: D16RR Raffle, $40 per ticket Post by: Duck-Stew on July 15, 2010, 06:53:01 PM sure! But on one condition: You let me take it to Bonneville first!
Title: Re: D16RR Raffle, $40 per ticket Post by: Grappa on July 23, 2010, 09:00:55 AM Just one more day before she's all MINE! ;D ;D ;D
Title: Re: D16RR Raffle, $40 per ticket Post by: DucatiTorrey on July 24, 2010, 01:05:18 PM the raffle is soon!!!!!
(http://sphotos.ak.fbcdn.net/hphotos-ak-snc4/hs199.snc4/38277_419201792489_51504397489_4519174_3121277_n.jpg) Title: Re: D16RR Raffle, $40 per ticket Post by: DucatiTorrey on July 24, 2010, 01:23:00 PM (http://sphotos.ak.fbcdn.net/hphotos-ak-ash2/hs102.ash2/38442_419203062489_51504397489_4519226_7118836_n.jpg)
Title: Re: D16RR Raffle, $40 per ticket Post by: DucatiTorrey on July 24, 2010, 01:24:00 PM did a guy named Preston Wright win it?
Title: Re: D16RR Raffle, $40 per ticket Post by: jeff137 on July 24, 2010, 02:25:33 PM did a guy named Preston Wright win it? On Ducati.ms they said it was "Jeffrey Jones" and that made me hope they mispronounced my name (Jeffrey Giles.) Title: Re: D16RR Raffle, $40 per ticket Post by: desmoworks on July 24, 2010, 03:26:12 PM Drawing was 2 hours ago. TONS of people where there. Hayden pulled Jeffrey Jones of San Luis Obispo, CA. He wasn't there so Hayden called him on the phone - didn't answer so Nicky left him a message. Pretty good message, "Hey man, this is Nicky Hayden. You just won a Desmosedici! This isn't one of your friends messing with you either!"
The high def video is being edited now and will be up before morning. From my vantage point. (http://sphotos.ak.fbcdn.net/hphotos-ak-ash2/hs040.ash2/35351_10150236650375564_327276760563_13900517_4983132_n.jpg) Title: Re: D16RR Raffle, $40 per ticket Post by: DucatiTorrey on July 24, 2010, 03:53:34 PM that is awesome, i wonder if he's on this or another ducati board. i wonder if he even rides motorcycles... [cheeky]
Title: Re: D16RR Raffle, $40 per ticket Post by: Uncle Mofo on July 24, 2010, 03:55:24 PM Dammit I never win shit... Good for Jeffrey, and yeah cool message from Nicky.
Title: Re: D16RR Raffle, $40 per ticket Post by: muskrat on July 24, 2010, 04:52:04 PM Shit, I already had the tax money set aside [bang]
Title: Re: D16RR Raffle, $40 per ticket Post by: DucatiTorrey on July 24, 2010, 06:13:53 PM Shit, I already had the tax money set aside [bang] go buy a 1098 s with it Title: Re: D16RR Raffle, $40 per ticket Post by: Veloce-Fino on July 24, 2010, 06:30:25 PM Sucks they couldn't get the winner on the phone. Sort of anti-climactic if you ask me.
"and the winner is, this guy, he's not here and we can't get him on the phone. Ok bye everyone" Title: Re: D16RR Raffle, $40 per ticket Post by: BellissiMoto on July 24, 2010, 07:58:09 PM Do'h!
O-well, if they held one of these raffles every month I'd still probably buy a ticket for each one. I mean you can't pass up a chance at a desmo for only $40. Title: Re: D16RR Raffle, $40 per ticket Post by: Raux on July 24, 2010, 09:42:48 PM fixed, rigged,,... i didnt even see my ticket in the box with that photo.
Title: Re: D16RR Raffle, $40 per ticket Post by: Grappa on July 24, 2010, 10:50:31 PM Dammit, I never win anything and I thought my time was due! >:( Oh well, congrats to the winner. [beer]
Title: Re: D16RR Raffle, $40 per ticket Post by: muskrat on July 25, 2010, 04:35:20 AM go buy a 1098 s with it nah, I'd rather have the new Multi but it will have to wait a bit. bought a new AC unit for the house - feels like a procto visit without the lube. Title: Re: D16RR Raffle, $40 per ticket Post by: monster monkey on July 27, 2010, 03:43:08 PM I seriously can't believe i didn't win [bang]
I didn't buy a ticket, but still.... ??? Title: Re: D16RR Raffle, $40 per ticket Post by: desmoworks on July 29, 2010, 08:03:47 AM Nicky Hayden picks the winner of a Ducati Desmosedici at Laguna Seca MotoGP (http://www.youtube.com/watch?v=sSMzXPtZ7ng&feature=player_embedded#normal)
Title: Re: D16RR Raffle, $40 per ticket Post by: desmoworks on July 29, 2010, 08:06:34 AM Sucks they couldn't get the winner on the phone. Sort of anti-climactic if you ask me. "and the winner is, this guy, he's not here and we can't get him on the phone. Ok bye everyone" It worked out pretty good though. He was at the track and saw his name on the winning ticket at the PI booth. He owns a 1098S so he is "one of us". I just posted a video of the whole thing. He was happy! We will post some more info shortly - like how large the donation to the school was (that was what this was about after all!). We'll post up on August first about a little thank you to everyone who participated. [thumbsup] Title: Re: D16RR Raffle, $40 per ticket Post by: Rob Hilding on July 31, 2010, 09:27:32 AM snip He was at the track and saw his name on the winning ticket at the PI booth. us". I just posted a video of the whole thing. He was happy! [thumbsup] Hope he rode it home [moto] Title: Re: D16RR Raffle, $40 per ticket Post by: DucatiTorrey on August 01, 2010, 08:48:08 AM i wonder how many tickets he bought
Title: Re: D16RR Raffle, $40 per ticket Post by: DucatiTorrey on August 01, 2010, 09:07:31 AM from desmoworks
"We want to make sure that everyone who bought a raffle ticket for the D16 is a winner. From 8:30AM PDT on Sunday, August 1, through 5:30PM PDT on Monday, August 16, Pro Italia is offering a one-time 20% discount on the purchase of any item(s) of apparel, parts or accessories per ticket purchaser. For purchases online add your ticket number to the comment box during checkout. We will verify and manually create the discount. Please note that sale items, motorcycles and service are excluded and that loyalty points will not be provided for the purchase. Please note that only one purchase per ticket holder is permitted and that the purchase may be made by internet, phone call or in-person. For further information see www.ducatiperformance.com (http://)." http://www.ducatiperformance.com/ (http://www.ducatiperformance.com/) Title: Re: D16RR Raffle, $40 per ticket Post by: desmoworks on August 01, 2010, 09:16:31 AM i wonder how many tickets he bought Just one. Lucky guy! Title: Re: D16RR Raffle, $40 per ticket Post by: desmoworks on August 01, 2010, 09:21:31 AM from desmoworks "We want to make sure that everyone who bought a raffle ticket for the D16 is a winner. From 8:30AM PDT on Sunday, August 1, through 5:30PM PDT on Monday, August 16, Pro Italia is offering a one-time 20% discount on the purchase of any item(s) of apparel, parts or accessories per ticket purchaser. For purchases online add your ticket number to the comment box during checkout. We will verify and manually create the discount. Please note that sale items, motorcycles and service are excluded and that loyalty points will not be provided for the purchase. Please note that only one purchase per ticket holder is permitted and that the purchase may be made by internet, phone call or in-person. For further information see www.ducatiperformance.com (http://) (http://) (http://)." http://www.ducatiperformance.com/ (http://www.ducatiperformance.com/) You beat me to it - thanks! We thought this would be a good way to say thank you to everyone who participated. Basically you can get your money back in the form of a discount or if you need an exhaust you can get 10x your money back! Example - Termi Exhaust= $2150 - your discount for participating in the raffle is $430! Not bad for giving to charity and hopefully having some fun dreaming about winning a desmo! Title: Re: D16RR Raffle, $40 per ticket Post by: DucatiTorrey on August 01, 2010, 06:17:21 PM ha ha no prob! You should have posted here before facebook i guess ;)
Title: Re: D16RR Raffle, $40 per ticket Post by: DucatiTorrey on August 24, 2010, 01:13:03 PM the winner picking up his bike
(http://sphotos.ak.fbcdn.net/hphotos-ak-snc4/hs384.snc4/44757_429771247489_51504397489_4789055_3025220_n.jpg) Title: Re: D16RR Raffle, $40 per ticket Post by: DoubleEagle on August 24, 2010, 05:54:22 PM the winner picking up his bike Photo doesn't show up !(http://www.facebook.com/photo.php?pid=2989114&id=51504397489) Dolph :) Title: Re: D16RR Raffle, $40 per ticket Post by: DucatiTorrey on August 25, 2010, 03:08:16 AM there we go
Title: Re: D16RR Raffle, $40 per ticket Post by: gregrnel on August 25, 2010, 04:30:54 AM Hey, you damn kids! Get the hell away from my bike! ;D
Title: Re: D16RR Raffle, $40 per ticket Post by: Popeye the Sailor on August 25, 2010, 07:57:19 AM the winner picking up his bike (http://sphotos.ak.fbcdn.net/hphotos-ak-snc4/hs384.snc4/44757_429771247489_51504397489_4789055_3025220_n.jpg) What, no gear? Please tell me it was not loaded onto a truck. Title: Re: D16RR Raffle, $40 per ticket Post by: DucatiTorrey on August 25, 2010, 04:58:27 PM dude, my money says he isn't keeping it. what, like $25,000 in taxes?
Title: Re: D16RR Raffle, $40 per ticket Post by: hadesducati848 on August 26, 2010, 11:14:55 AM only if you claim and register it ;-)
Title: Re: D16RR Raffle, $40 per ticket Post by: DucatiTorrey on August 26, 2010, 04:52:08 PM if its a raffle, they will know.
Title: Re: D16RR Raffle, $40 per ticket Post by: DoubleEagle on August 26, 2010, 10:37:02 PM Does he have to pay California State Sales Tax also which is what 11% plus State Income Tax on top of Federal Income Tax ?
Dolph Title: Re: D16RR Raffle, $40 per ticket Post by: GLantern on August 27, 2010, 06:11:43 AM Is there anyway for the guy to not register it and just use it as a track bike? I can't believe taxes are so high on it that is ridiculous. Is it really $25k in taxes? In NY there is just 8% sales tax i didn't think anything else applied to buying a bike.
Title: Re: D16RR Raffle, $40 per ticket Post by: DrDesmo on August 27, 2010, 07:29:55 AM Is there anyway for the guy to not register it and just use it as a track bike? I can't believe taxes are so high on it that is ridiculous. Is it really $25k in taxes? In NY there is just 8% sales tax i didn't think anything else applied to buying a bike. Yes. It's treated just like any other lottery winnings, it's not a sales tax issue - it's an issue of getting 70k$ for free, and the IRS wanting their cut as it's considered income. Title: Re: D16RR Raffle, $40 per ticket Post by: GLantern on August 27, 2010, 11:54:45 AM Yes. It's treated just like any other lottery winnings, it's not a sales tax issue - it's an issue of getting 70k$ for free, and the IRS wanting their cut as it's considered income. O wow wtf that is some goddamn bullshit Title: Re: D16RR Raffle, $40 per ticket Post by: Rob Hilding on August 27, 2010, 11:56:25 AM At least he can deduct the cost of the raffle ticket(s)
8) ;D Title: Re: D16RR Raffle, $40 per ticket Post by: Grappa on August 27, 2010, 01:04:18 PM Yes. It's treated just like any other lottery winnings, it's not a sales tax issue - it's an issue of getting 70k$ for free, and the IRS wanting their cut as it's considered income. The pregnant dog of it is that you are being taxed on $72,500 income, when those bikes are struggling to fetch $60,000 on ebay (with very little mileage.) Seems kinda lame like that. Still, congrats to the guy and good for him. I am still in partial denial that I didn't win. Only tore up my tickets about 2 days ago. Title: Re: D16RR Raffle, $40 per ticket Post by: hadesducati848 on August 28, 2010, 09:01:12 AM dont they base the tax on the Blue book value at the time of raffle and not the sticker price from when it was made a fews years ago?
Title: Re: D16RR Raffle, $40 per ticket Post by: DrDesmo on August 28, 2010, 04:14:56 PM dont they base the tax on the Blue book value at the time of raffle and not the sticker price from when it was made a fews years ago? It's a brand new bike, I would be suprised if they valued it like that. This is the IRS, remember ;D Cheers, Adam PS: Honestly, who cares? A D16RR in the wrapper for 20-ishK? And honestly, if you have a bunch of deductions or own a business ... do do do |