Bitcoin Forum

Economy => Goods => Topic started by: Garr255 on August 13, 2012, 05:16:01 AM



Title: [WTB] Jeep or Subaru
Post by: Garr255 on August 13, 2012, 05:16:01 AM
I've been looking around for a car lately and I'm kind of stuck on Jeeps and Subarus, because I don't want to spend 500% of my income on gas for a truck, and you can't have nearly as much fun in a car. (Well, at least cars that cost as much as I want to spend... :P)

My price range is 3-10k USD. I will gladly pay in BTC or LTC as well.

Preferably it will be something raised, and possibly new wheels and tires. I need it to be a non-convertable. I have little preference when it comes to automatic/manual.

The vehicle must be clean on the inside.

You must factor in transportation to Northern Idaho, USA

Thanks!
Garrett


Title: Re: [WTB] Jeep or Subaru
Post by: streblo on August 15, 2012, 02:52:06 AM
Interesting! Please post how you deal with taxes! I am interested in buying my friend's car with BTC, but taxes seemed difficult...

It is my understanding that when you transfer the title, you have to associate a price. If it is far below KBB, then it will raise suspicions at the DMV. Also, sales tax (6% in Idaho ;)) must be paid as well.


Title: Re: [WTB] Jeep or Subaru
Post by: BoardGameCoin on August 15, 2012, 02:59:08 AM
I'd imagine you'd calculate fair market value of the bitcoins and use that for tax and paperwork reasons.