What would you do?
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Outstanding HDF Member
Joined: Feb 2012
Posts: 3,046
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From: florida
What would you do?
I own a 2012 Ultra Classic and have just today won a 1200 Sportster in a drawing. I am 250 lbs. and I dwarf the poor little scooter and I like my Ulra. My dilemma is what to do with the new bike worth $12,000: Take the cash and put upgrades into my Ultra or trade both in for new CVO. My wife prefers to ride with me on the Ultra or at least doesn't want a Sportster. WIND FM 92.5 radio station was the sponsor and I am blown away. HELP??
Last edited by kwo51; Jul 15, 2012 at 11:17 AM.
Tourer
Joined: Apr 2011
Posts: 337
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From: Gulfport, MS
Take the option that is least painful when it comes to filing your taxes, cash pay-out would probably be the better option if it is available. Learned that lesson when I was on the Price Is Right in the early '90s. Had to sell most of the crap I won just to pay the taxes.
Cruiser
Joined: Aug 2010
Posts: 163
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I own a 2012 Ultra Classic and have just today won a 1200 Sportster in a drawing. I am 250 lbs. and I dwarf the poor little scooter and I like my Ulra. My dilemma is what to do with the new bike worth $12,000: Take the cash and put upgrades into my Ultra or trade both in for new CVO. My wife prefers to ride with me on the Ultra or at least doesn't want a Sportster. WIND FM 92.5 radio station was the sponsor and I am blown away. HELP??
You could make it a gift to someone. Perhaps a young man or woman returning from overseas?
I am a big believer in building + karma points. Sure 12K is a lot of dough but making a returning Vet smile is priceless. You could sell it and give the $ to charity? March of Dimes comes to mind or BACA.
Shrug just my .02
Club Member
Joined: Mar 2009
Posts: 66,110
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From: Niles Canyon Ca.
Taxes are gonna be a rigthous bitch on that if your local is anything like Cali. Here you have to pay about 25% of value upfront before you can take ownership with contest stuff .
Still good karma man nice .
Still good karma man nice .
Last edited by TwiZted Biker; Jun 10, 2012 at 12:38 PM.
Road Warrior
Joined: Aug 2010
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From: Somewhere In NY
Think of the less fortunate and give it to me Hahahahaha
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Ultimate HDF Member
Joined: Sep 2006
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I'll give ya $5K for it! :-)
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