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ONLY $16K for the REV210 12 second 95' R33 GTST

rev210

By rev210,
in For Sale (Private Whole cars only)

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rev210 Grand Master

rev210

Posted
Posted

Price drop to $16K.

It's going without the NOS Kit for $16k and $17k with it.

CONDITION:

102,000kms regular servicing including transmission and diff.

Presently the car has a crease in the rear bumper and a few minor scratches, which will cost about $500-600 to clean up properly and the price reflects this. Interior is good. and it has a factory 7disc CD stacker/tuner and drivers airbag.

MODS.

* K&N Airfilter and modified airbox

* HKS exhaust cam gear

* Ogura Racing Chrome Molly flywheel

* 9 puck ceramic compound clutch

* FGK Super Ti cat back exhaust (very quiet and flows well)

* Custom Stainless steel turbo dump pipe and front pipe, with thermal wrapping.

* Apexi Super AFC II and sought after 95' ecu

* Peltier cooler on standard intercooler.

* Whiteline KCA349 diff cradle kit.

* Bosch Motorsport in tank fuel pump

* NOS EFI Nitrous kit (hidden underbonet) with 10lb bottle and 100hp jets. New nitrous solenoid.

The last outing saw the car run 13.3 and has since had a major tuning issue resolved which will has it making easy 12 second power. With larger decent rear tyres fitted 12's will not be a problem without NOS. The NOS activation offers the potential for low 12's and with the simple fittment of the 100hp jet an 11second pass.

rev210 Grand Master

rev210

Posted
  • Author
Posted

morboost,

I'm afraid I can't ask more than $16k for it, otherwise I pay capital gains tax on the sale next financial. It's just a bit of a 'freak deal', most of the time 95' models like mine will go for over $21k (you can quote me on that for people with issues on your price).

rev210 Grand Master

rev210

Posted
  • Author
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if it's 100% business use claimed like mine. I tell the tax dept. that my car is worth less each year and get a deduction out of it. If all of a sudden I sell my car for 6K more than I told them it was worth last year they make me pay tax on the profit as a form of income.

predator Grand Master

predator

Posted
Posted
why sell it that cheap now when i sell my car people will be like but i can get one with nos for $17,000 please put the price up to at least $21,000 thanx

lol.. considering its all tax purposes, somebody's gonna get a bargain..

post a pic rev210 so we can all look at this creature.. Not that i'm going to buy it (as i have an R33 already)...but a pic always helps on a sale :D

warps Mentor

warps

Posted
Posted
Originally posted by rev210

if it's 100% business use claimed like mine. I tell the tax dept. that my car is worth less each year and get a deduction out of it. If all of a sudden I sell my car for 6K more than I told them it was worth last year they make me pay tax on the profit as a form of income.

???? I don't follow your thinking. If you sell it for what it's worth, then you make a profit, of which you pay (up to) 48% in tax. You still keep (at least) 52% of the profit. It's still money in your pocket.

If it's written down value is $16k, and you sell it for $21k, you pay (about) $2500 tax, so end up with $18.5k out of the deal. If you sell it for $16k, then you pay no CGT, but end up with only $16k in your pocket. I know which I'd rather have.

rev210 Grand Master

rev210

Posted
  • Author
Posted

Warps,

I need lots of help this financial to drop into a lower tax bracket, as my car is paid for via a 'car allowance' that attracts no tax throughout the year, if deductions aren't low enough then big tax payments are order of the day.

wrxhoon Grand Master

wrxhoon

Posted
Posted

there is no cgt on cars however if its written down value is $16 and u sell for more ( say 18 k ) u pay normal income tax on the 2k , if u sell for 14 k u deduct the 2 k loss from u r income so less tax .

u dont tell the ato what u r car is worth every year either , this is how u work out its value .

full purchase price and u depriciate it 22.5 % every year , if u bought today for 20 k in three years its value ( for tax purporses ) it will be $9309 .

what some people do ( i'm not saying that u should do this its not moral or legal )say sell the car for $12k get the buyer to pay a cheque for 9 k and 3 k cash , the pocket the 3 k and no one knows .

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