5/7/11 More trouble for OSU

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OneBuckeye

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May 11, 2011 12:34 PM
karen lotz;765018 wrote:That link takes me to kbb's homepage. Only thing I did was select "300C" as the model because I thought I remembered seeing that's what the car was. If its not right, my bad.

You're right it was a 300C, but we still don't know if he traded something in.
May 11, 2011 12:34pm
sleeper's avatar

sleeper

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May 11, 2011 12:34 PM
There's an old saying that applies to the haters of OSU:

"If you can't beat them on the field, you beat them off"

LOL
May 11, 2011 12:34pm
Tiger2003's avatar

Tiger2003

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May 11, 2011 12:37 PM
This is some good news for the Buckeyes on the whole car investigation.

But on Wednesday, the newspaper reported it obtained a previous title on the vehicle listing the purchase price as $13,700 for a sale dated June 27, 2007 and financed through Huntington National Bank.


http://sports.espn.go.com/ncf/news/story?id=6526673
May 11, 2011 12:37pm
LJ's avatar

LJ

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May 11, 2011 12:44 PM
OneBuckeye;765035 wrote:You're right it was a 300C, but we still don't know if he traded something in.

We actually don't know what he paid.
May 11, 2011 12:44pm
OneBuckeye's avatar

OneBuckeye

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May 11, 2011 12:45 PM
LJ;765057 wrote:We actually don't know what he paid.

that too.
May 11, 2011 12:45pm
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WebFire

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May 11, 2011 12:55 PM
OneBuckeye;765058 wrote:that too.

So how do they find that out? If a dealership is going to go through the trouble of titling a car for half it's worth for tax evasion, certainly the rest of their paperwork will match. So unless Gibson can prove he paid different, he paid 13k for it, correct?

IDK, I'm asking.
May 11, 2011 12:55pm
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WebFire

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May 11, 2011 12:56 PM
sleeper;764978 wrote:The car had been in an accident, significantly driving the price down because not many people want to try a car with that kind of history.

Keep hating, we'll keep winning.

If it's been in an accident, then he may have paid 13k. But it would also have a salvage title, if it was totaled. I have not seen where this was reported. Do you have links?

Not being a hater. I'm having a discussion. Something you seem incapable of.
May 11, 2011 12:56pm
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WebFire

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May 11, 2011 1:00 PM
OneBuckeye;764979 wrote:It wasn't new it was a year old. He bought a 2007 model in 2007 with 13k on it. I bought a 2007 sebring in 2007 with 7k on it for about 12k. Now they aren't the same car but not that far off.

That car in 2007 with 13k miles was probably valued at or just under 30k. This is a $30k + new car in 2007. You might get a couple thousand off for 13k mile version in the same model year. In fact, I just bought a 2011 Sonata, and the used 2011s with anywhere from 5-20,000 miles were only $1-2k less.
May 11, 2011 1:00pm
sleeper's avatar

sleeper

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May 11, 2011 1:09 PM
WebFire;765085 wrote:If it's been in an accident, then he may have paid 13k. But it would also have a salvage title, if it was totaled. I have not seen where this was reported. Do you have links?

Not being a hater. I'm having a discussion. Something you seem incapable of.

It wasn't totaled, it was just in an accident. I don't have a link, look it up on carfax.
May 11, 2011 1:09pm
thedynasty1998's avatar

thedynasty1998

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May 11, 2011 1:10 PM
Interesting indeed.
May 11, 2011 1:10pm
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WebFire

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May 11, 2011 1:12 PM
OneBuckeye;765058 wrote:that too.

Wrong thread.
May 11, 2011 1:12pm
LJ's avatar

LJ

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May 11, 2011 1:15 PM
WebFire;765081 wrote:So how do they find that out? If a dealership is going to go through the trouble of titling a car for half it's worth for tax evasion, certainly the rest of their paperwork will match. So unless Gibson can prove he paid different, he paid 13k for it, correct?

IDK, I'm asking.

Subpeona bank records

People title cars for way less than they paid all the time. I have even done it a few times in my life.
May 11, 2011 1:15pm
thedynasty1998's avatar

thedynasty1998

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May 11, 2011 1:23 PM
vball10set;765136 wrote:nothing new here, but thank you soooo much for sharing... :rolleyes:

from 4/26.... http://www.the-ozone.net/football/2011/Tresselaffair/spielmancomments.html

In all fairness that is new news to me. I thought Spielman would be the last one to jump off the Tressel bandwagon.
May 11, 2011 1:23pm
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Con_Alma

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May 11, 2011 1:26 PM
LJ;765131 wrote:Subpeona bank records

People title cars for way less than they paid all the time. I have even done it a few times in my life.
It can help in the amount of tax one has to pay.
May 11, 2011 1:26pm
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OneBuckeye

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May 11, 2011 1:27 PM
WebFire;765122 wrote:Michigan turned down a high start recruit last year based on academics alone. Not saying they don't squeeze some in, but they don't just let anyone in.

Think your on the wrong thread.
May 11, 2011 1:27pm
LJ's avatar

LJ

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May 11, 2011 1:29 PM
Con_Alma;765162 wrote:It can help in the amount of tax one has to pay.

Yep, that's why people do it. That's why I keep calling it "tax fraud".
May 11, 2011 1:29pm
ts1227's avatar

ts1227

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May 11, 2011 1:36 PM
LJ;765174 wrote:Yep, that's why people do it. That's why I keep calling it "tax fraud".

Once OSU is done checking (mostly rechecking) the records and basically call the dealer out as a fraud, it's going to get the proper title/coverage it deserves.
May 11, 2011 1:36pm
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WebFire

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May 11, 2011 1:40 PM
OneBuckeye;765167 wrote:Think your on the wrong thread.

Yes, thank you.
May 11, 2011 1:40pm
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WebFire

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May 11, 2011 1:42 PM
vball10set;765136 wrote:nothing new here, but thank you soooo much for sharing... :rolleyes:

from 4/26.... http://www.the-ozone.net/football/2011/Tresselaffair/spielmancomments.html

So a story about press conference comments on 5/9 was in an article on 4/26? Smooth.

I don't think I claimed any big, scandalous, findings, did I? I said interesting comments. Take it for what it is.
May 11, 2011 1:42pm
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WebFire

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May 11, 2011 1:43 PM
LJ;765131 wrote:Subpeona bank records

People title cars for way less than they paid all the time. I have even done it a few times in my life.

I did it once, and I got a nice letter from the tax office. I had to either prove the purchase price or pay the tax difference on the book value. I sent them a check. :)
May 11, 2011 1:43pm
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WebFire

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May 11, 2011 1:44 PM
sleeper;765116 wrote:It wasn't totaled, it was just in an accident. I don't have a link, look it up on carfax.

Do you have the VIN?
May 11, 2011 1:44pm
LJ's avatar

LJ

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May 11, 2011 1:46 PM
WebFire;765206 wrote:I did it once, and I got a nice letter from the tax office. I had to either prove the purchase price or pay the tax difference on the book value. I sent them a check. :)

Yeah they do random audits sometimes. It just depends.
May 11, 2011 1:46pm
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vball10set

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May 11, 2011 2:04 PM
WebFire;765198 wrote:So a story about press conference comments on 5/9 was in an article on 4/26? Smooth.

I don't think I claimed any big, scandalous, findings, did I? I said interesting comments. Take it for what it is.

it's the content, you stump, and the comments were the same...unbelievable
May 11, 2011 2:04pm