The Ford Barn

Bill · 10-16-2016, 07:16 AM

The auction that included a 46/48 woodie along with a Sportsman with a replacement wood body took place this weekend I think. Lost the link.If I got the date correct does anyone know the results? Thanks Bill

saltracer · 10-16-2016, 07:20 AM

is this the one?

http://www.barrett-jackson.com/Event...egas%20Auction

oldford2 · 10-16-2016, 08:41 AM

sportsman $209,000 plus 10% buyers charge...so, $230,000!
http://www.barrett-jackson.com/Event...ERTIBLE-170463

GaryTx · 10-16-2016, 08:58 AM

The results include the Buyers Premium......

Bill · 10-16-2016, 09:33 AM

Dug back 11 pages its actually the Rod Butler /Don McCredie auction. Auction page has been taken down. Don't know if they will post the results. Jeff Yeagle you out there?

Darrell S · 10-16-2016, 09:55 AM

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Quote:

Originally Posted by oldford2

sportsman $209,000 plus 10% buyers charge...so, $230,000!
http://www.barrett-jackson.com/Event...ERTIBLE-170463

I had a good friend who drove one of these in high school in 54 / 55. He was not a fan of the car because of all the ribbing that he took. It was called the lumber truck. I guess none of them would laugh now.

funrunr · 10-16-2016, 04:21 PM

If your referring to the 1947 Sportman at Don Mccredie estate auction, here is a link to some of the items auctioned. I could not attend and don't know the results http://www.auctionzip.com/cgi-bin/au...gi?lid=2709851

oldford2 · 10-16-2016, 04:27 PM

Quote:

Originally Posted by GaryTx

The results include the Buyers Premium......

Oh well, That takes it back to $209,000.........A bargain

Does Nevada have a sales tax on the purchase?
John

Jeff/Illinois · 10-16-2016, 06:48 PM

Quote:

Originally Posted by oldford2

Oh well, That takes it back to $209,000.........A bargain

Does Nevada have a sales tax on the purchase?
John

Illinois gets you for 5% the minute you try to register the car. Over ten grand on that car...............

mrtexas · 10-16-2016, 06:55 PM

Quote:

Originally Posted by Jeff/Illinois

Illinois gets you for 5% the minute you try to register the car. Over ten grand on that car...............

Lucky you for car tax but not weather. Texas gets you for 6 1/4%

estout81 · 10-16-2016, 07:02 PM

The county I live in in Ohio gets you for 7.25%! The state has collected more in taxes on some of these old cars than they cost new! If the state thinks you didn't pay the 'fair value' they will come after you for what they think you should pay! I think it is a bunch of BS myself! Where do these taxes stop?!

scooder · 10-17-2016, 07:49 AM

Is the registration a one time deal when you acquire the car? Or is it a yearly thing?
Over here a car is registered once when it's put on the road. For cars built before 1976 (its a rolling 40 year thing, so next year it'll be 1977) these years here May not be exact, I have no cars in this age group, but close enough. These cars are yearly road tax exempt. Go to stuff built before 1960 and they are also exempt from a yearly MOT test, a road worthiness test. All must have insurance, which on old stock stuff is normally under £100.
Thanks
Martin.

dh · 10-17-2016, 09:23 AM

Anybody hear what the wagon and sportsman sold for in Michigan?

Jeff/Illinois · 10-17-2016, 10:00 AM

Quote:

Originally Posted by estout81

The county I live in in Ohio gets you for 7.25%! The state has collected more in taxes on some of these old cars than they cost new! If the state thinks you didn't pay the 'fair value' they will come after you for what they think you should pay! I think it is a bunch of BS myself! Where do these taxes stop?!

Exactly. Who is the state to decide what an antique car is worth? 'Fair Value?' That is totally objective.

funrunr · 10-17-2016, 11:32 AM

DavidG, post #3 refers to Barret Jackson auction. Post #7 refers to the cars in Michigan, no one knows the outcome of the auction though.

DavidG · 10-17-2016, 11:51 AM

Oops, my error; thanks for bringing it to my attention.

Lawson Cox · 10-17-2016, 12:59 PM

We are extremely lucky in Georgia. We had a couple of old car guys in the legislature that got a bill passed that any car over 25 years old, I think it is, is valued at no more than $100.00 for tax purposes. Restored or not. Been on the books now for several years.

Scott H in Wheaton · 10-17-2016, 01:16 PM

Illinois, you pay regular sales tax on newer cars, around 7%, but on cars older than xxx years its a flat tax of $25.

jagnweiner · 10-17-2016, 01:32 PM

Quote:

Originally Posted by Scott H in Wheaton

Illinois, you pay regular sales tax on newer cars, around 7%, but on cars older than xxx years its a flat tax of $25.

That's not entirely correct. It's only $25 if the sale price was less than $15K. Over $15K and there is a graduated tax from $750 up to $1500. See here: http://tax.illinois.gov/TaxForms/Sal...eTax/RUT-5.pdf
Note that this only applies to private party transactions, not dealer transactions. Dealer sales are a percentage rate which can vary by municipality, but is generally between 6-7%.

(We're a bit far afield from the original question, but I guess I'll stay afield)

Jeff/Illinois · 10-17-2016, 04:34 PM

In Illinois it is a 5% tax on antique cars that sell for $20K and up. Flat tax under $20K. That is what they hit me for in 2007. You have to show them a Bill of Sale, if they think you are trying to low ball them they set the price. Usually not a good outcome. For you.

Another old car came into my possession in 2013. Car valued under $20K I think they charged me $100 tax I'd have to go look it up. Going from memory here.

10-16-2016, 07:16 AM	#1
Bill Senior Member Join Date: May 2010 Location: Nova Scotia Posts: 469	Auction results The auction that included a 46/48 woodie along with a Sportsman with a replacement wood body took place this weekend I think. Lost the link.If I got the date correct does anyone know the results? Thanks Bill

10-16-2016, 07:20 AM	#2
saltracer Senior Member Join Date: May 2014 Location: Lafayette, La. Posts: 100	Re: Auction results is this the one? http://www.barrett-jackson.com/Event...egas%20Auction

10-16-2016, 08:58 AM	#4
GaryTx Senior Member Join Date: May 2010 Location: Fort Worth, Texas Posts: 350	Re: Auction results The results include the Buyers Premium......

10-16-2016, 09:33 AM	#5
Bill Senior Member Join Date: May 2010 Location: Nova Scotia Posts: 469	Re: Auction results Dug back 11 pages its actually the Rod Butler /Don McCredie auction. Auction page has been taken down. Don't know if they will post the results. Jeff Yeagle you out there?

10-16-2016, 07:02 PM	#11
estout81 BANNED Join Date: Jun 2010 Location: Utica, Ohio Posts: 522	Re: Auction results The county I live in in Ohio gets you for 7.25%! The state has collected more in taxes on some of these old cars than they cost new! If the state thinks you didn't pay the 'fair value' they will come after you for what they think you should pay! I think it is a bunch of BS myself! Where do these taxes stop?!

10-16-2016, 08:41 AM	#3
oldford2 Senior Member Join Date: May 2010 Location: pittsfield, MA Posts: 2,086	Re: Auction results sportsman $209,000 plus 10% buyers charge...so, $230,000! http://www.barrett-jackson.com/Event...ERTIBLE-170463

10-16-2016, 04:21 PM	#7
funrunr Senior Member Join Date: May 2010 Location: Belleville,MI Posts: 1,427	Re: Auction results If your referring to the 1947 Sportman at Don Mccredie estate auction, here is a link to some of the items auctioned. I could not attend and don't know the results http://www.auctionzip.com/cgi-bin/au...gi?lid=2709851 __________________ Thank God this is only a hobby!

10-17-2016, 07:49 AM	#12
scooder Senior Member Join Date: Jul 2010 Posts: 2,593	Re: Auction results Is the registration a one time deal when you acquire the car? Or is it a yearly thing? Over here a car is registered once when it's put on the road. For cars built before 1976 (its a rolling 40 year thing, so next year it'll be 1977) these years here May not be exact, I have no cars in this age group, but close enough. These cars are yearly road tax exempt. Go to stuff built before 1960 and they are also exempt from a yearly MOT test, a road worthiness test. All must have insurance, which on old stock stuff is normally under £100. Thanks Martin.

10-17-2016, 09:23 AM	#13
dh Member Join Date: May 2010 Location: central illinois Posts: 38	Re: Auction results Anybody hear what the wagon and sportsman sold for in Michigan?

10-17-2016, 11:32 AM	#15
funrunr Senior Member Join Date: May 2010 Location: Belleville,MI Posts: 1,427	Re: Auction results DavidG, post #3 refers to Barret Jackson auction. Post #7 refers to the cars in Michigan, no one knows the outcome of the auction though. __________________ Thank God this is only a hobby!

10-17-2016, 11:51 AM	#16
DavidG Senior Member Join Date: May 2010 Location: southeastern Michigan Posts: 10,101	Re: Auction results Oops, my error; thanks for bringing it to my attention.

10-17-2016, 12:59 PM	#17
Lawson Cox Senior Member Join Date: May 2010 Location: Above the gnat line in Georgia Posts: 7,009	Re: Auction results We are extremely lucky in Georgia. We had a couple of old car guys in the legislature that got a bill passed that any car over 25 years old, I think it is, is valued at no more than $100.00 for tax purposes. Restored or not. Been on the books now for several years. __________________ Life is like a roll of toilet paper. The closer to the end, the faster it goes. It is better to be seen, than viewed. "We sleep safe in our beds because rough men stand ready in the night to visit violence on those who would do us harm".

10-17-2016, 01:16 PM	#18
Scott H in Wheaton Senior Member Join Date: Dec 2012 Location: Wheaton, IL near Chicago Posts: 861	Re: Auction results Illinois, you pay regular sales tax on newer cars, around 7%, but on cars older than xxx years its a flat tax of $25.

10-17-2016, 04:34 PM	#20
Jeff/Illinois Senior Member Join Date: May 2010 Posts: 2,789	Re: Auction results In Illinois it is a 5% tax on antique cars that sell for $20K and up. Flat tax under $20K. That is what they hit me for in 2007. You have to show them a Bill of Sale, if they think you are trying to low ball them they set the price. Usually not a good outcome. For you. Another old car came into my possession in 2013. Car valued under $20K I think they charged me $100 tax I'd have to go look it up. Going from memory here.