Author

Topic: [WTB] Jeep or Subaru (Read 610 times)

sr. member
Activity: 283
Merit: 250
August 14, 2012, 10:59:08 PM
#3
I'd imagine you'd calculate fair market value of the bitcoins and use that for tax and paperwork reasons.
full member
Activity: 165
Merit: 100
August 14, 2012, 10:52:06 PM
#2
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 Wink) must be paid as well.
legendary
Activity: 938
Merit: 1000
What's a GPU?
August 13, 2012, 01:16:01 AM
#1
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... Tongue)

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
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