FREE GT500!?!?

[Wilson & Co]

Agree Except its gambling and tightly regulated by the federales..

If it wasnt anyone would raffle anything to make $$

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[Minn19]

Is it a "2020 GT500" they are raffling? I don't think he said it enough times. I hope his other content is considerably better, as someone else said that was extremely painful to watch.

 

[S7N]

If anyone falls for this shit I've got some free lead you can have.

 

[Gregory347]

i JUST WANT TO CLEAR THE AIR
This is NOT Stangmodes car. This is my friend, good friend Moe's car. He placed an order with 2 dealerships, as he was not convinced they had an allocation. It came to be that they both did, so instead of other options, his original plan has always been to raffle one off, and keep his next one. I have texts to validate this from many weeks ago.

I see it as a net positive. who cares if they make money.. someone is getting a GT500 for $10

TAX INFORMATION:All federal, state, local, and other taxes on prizes and any other costs and expenses associated with prize acceptance and use not specified herein as being provided, are the sole responsibility of the applicable winner. A 1099-MISC tax form will be issued to the Grand Prize winner

Will cost winner much more then $10 but still a great deal.

 

[Minn19]

TAX INFORMATION:All federal, state, local, and other taxes on prizes and any other costs and expenses associated with prize acceptance and use not specified herein as being provided, are the sole responsibility of the applicable winner. A 1099-MISC tax form will be issued to the Grand Prize winner

Will cost winner much more then $10 but still a great deal.

I'd happily pay the taxes on it and then trade it in for a C8 Z06 when it comes out. I kid, I kid.

 

[02gtnh]

Don’t you need some kind of license or charitable affiliation to do a raffle?

 

[V00D00]

Agree Except its gambling and tightly regulated by the federales..

If it wasnt anyone would raffle anything to make $$

TAX INFORMATION:All federal, state, local, and other taxes on prizes and any other costs and expenses associated with prize acceptance and use not specified herein as being provided, are the sole responsibility of the applicable winner. A 1099-MISC tax form will be issued to the Grand Prize winner

Will cost winner much more then $10 but still a great deal.

Don’t you need some kind of license or charitable affiliation to do a raffle?

1- Its not the same, technically i dont think it falls under raffle laws, something abotu the wording. your buying a product, and with that purchase your entered into whatevr

2nd, delaware has 0 taxes, but a 3.5 registration fee, id glady pon up another $3570 in total for a beater GT500 lol

 

[Mulletdaddee72]

Just spent $90 on his site, 9 entries I believe... god it’d be a nice way to save $70kish

 

[460Fred]

Now you know why Stangmode wears a hat that states “I Haters”, plenty of them out there.

 

[NC252]

ALTERNATE MEANS OF ENTRY: To enter via mail, hand-print your full name, full mailing address, email address, phone number, and birth date on a plain 3x5 inch paper. Mail your completed entry to 135 South Black Horse Pike Unit 854 Williamstown, NJ 08094 Attn: MambaMerch GT500, Each entry must be mailed separately in a hand-addressed, stamped envelope. No photocopied or mechanically reproduced entries will be accepted. No responsibility is assumed for lost, late, incomplete, illegible, misdirected or postage-due entries. No responsibility is assumed for (i) technical, electronic, telephone, hardware, software or network, computer or data transmission errors, malfunctions or difficulties of any kind or (ii) any incorrect data contained in any sweepstakes entry. Mail-in entries must be postmarked no later than May 25, 2020 and received by May 30, 2020 to be eligible for the drawing. All entries become the property of Sponsor and will not be returned or acknowledged. One (1) Sweepstakes Entry will be awarded for each valid mail-in entry received.

With this method you spend .50 on a stamp.

 

[Jm22]

1- Its not the same, technically i dont think it falls under raffle laws, something abotu the wording. your buying a product, and with that purchase your entered into whatevr

2nd, delaware has 0 taxes, but a 3.5 registration fee, id glady pon up another $3570 in total for a beater GT500 lol

It is still federally taxed as income by the IRS. The car has a declared value of $65k in the terms and conditions. You’d pay around 25-35% of that, depending on your tax bracket.

The fact that the claimed value is $65k leads me to believe they are going to put some miles on it before it is given away.

I don’t know why anyone would believe it is fake, you’d have to be an idiot to commit felonies on YouTube and your website. He’d be throwing away his channel, hobby, and his daily job if this was a scam. It’d be the easiest prosecution ever.

 

[Ninjak]

Hmm if all I had to do was pay Taxes on a 2020 GT500 then I would be at the office checkbook in hand.

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