5/7/11 More trouble for OSU

College Sports 722 replies 29,461 views
OneBuckeye's avatar
OneBuckeye
Posts: 5,888
May 11, 2011 12:34pm
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.
sleeper's avatar
sleeper
Posts: 27,879
May 11, 2011 12:34pm
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
Tiger2003's avatar
Tiger2003
Posts: 15,421
May 11, 2011 12:37pm
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
LJ's avatar
LJ
Posts: 16,351
May 11, 2011 12:44pm
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.
OneBuckeye's avatar
OneBuckeye
Posts: 5,888
May 11, 2011 12:45pm
LJ;765057 wrote:We actually don't know what he paid.

that too.
W
WebFire
Posts: 14,779
May 11, 2011 12:55pm
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.
W
WebFire
Posts: 14,779
May 11, 2011 12:56pm
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.
W
WebFire
Posts: 14,779
May 11, 2011 1:00pm
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.
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WebFire
Posts: 14,779
May 11, 2011 1:00pm
sleeper's avatar
sleeper
Posts: 27,879
May 11, 2011 1:09pm
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.
thedynasty1998's avatar
thedynasty1998
Posts: 6,844
May 11, 2011 1:10pm
Interesting indeed.
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WebFire
Posts: 14,779
May 11, 2011 1:12pm
OneBuckeye;765058 wrote:that too.

Wrong thread.
LJ's avatar
LJ
Posts: 16,351
May 11, 2011 1:15pm
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.
V
vball10set
Posts: 24,795
May 11, 2011 1:17pm
WebFire;765094 wrote:Interesting comments from Spielman...

http://varsity.limaohio.com/articles/spielman-6540-township-tressel.html
nothing new here, but thank you soooo much for sharing... :rolleyes:

from 4/26.... http://www.the-ozone.net/football/2011/Tresselaffair/spielmancomments.html
thedynasty1998's avatar
thedynasty1998
Posts: 6,844
May 11, 2011 1:23pm
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.
C
Con_Alma
Posts: 12,198
May 11, 2011 1:26pm
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.
OneBuckeye's avatar
OneBuckeye
Posts: 5,888
May 11, 2011 1:27pm
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.
LJ's avatar
LJ
Posts: 16,351
May 11, 2011 1:29pm
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".
ts1227's avatar
ts1227
Posts: 12,319
May 11, 2011 1:36pm
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.
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WebFire
Posts: 14,779
May 11, 2011 1:40pm
OneBuckeye;765167 wrote:Think your on the wrong thread.

Yes, thank you.
W
WebFire
Posts: 14,779
May 11, 2011 1:42pm
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.
W
WebFire
Posts: 14,779
May 11, 2011 1:43pm
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. :)
W
WebFire
Posts: 14,779
May 11, 2011 1:44pm
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?
LJ's avatar
LJ
Posts: 16,351
May 11, 2011 1:46pm
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.
V
vball10set
Posts: 24,795
May 11, 2011 2:04pm
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