Hey guys, I just bought a large piece of land and need to sell my real red(9).... (1 of 45 made) 67 GT500 that I have had for 6 years. Just want to let you guys know before I put it on ebay. Richard, your brother still looking for a car?.. Cevon...301.922.2009 cell anytime. Asking..$175K....#2408.......no rust, no undercoating,no surprizes. 58K miles documented. Automatic. Im not very excited about selling it. Im keep my GT350.... The following section of this message contains a file attachment prepared for transmission using the Internet MIME message format. If you are using Pegasus Mail, or any another MIME-compliant system, you should be able to save it or view it from within your mailer. If you cannot, please ask your system administrator for assistance. ---- File information ----------- File: mvc-006s.jpg Date: 20 Apr 2003, 14:33 Size: 40008 bytes. Type: JPEG-image The following section of this message contains a file attachment prepared for transmission using the Internet MIME message format. If you are using Pegasus Mail, or any another MIME-compliant system, you should be able to save it or view it from within your mailer. If you cannot, please ask your system administrator for assistance. ---- File information ----------- File: mvc-010s.jpg Date: 20 Apr 2003, 14:34 Size: 39634 bytes. Type: JPEG-image The following section of this message contains a file attachment prepared for transmission using the Internet MIME message format. If you are using Pegasus Mail, or any another MIME-compliant system, you should be able to save it or view it from within your mailer. If you cannot, please ask your system administrator for assistance. ---- File information ----------- File: mvc-011s.jpg Date: 20 Apr 2003, 14:34 Size: 38342 bytes. Type: JPEG-image The following section of this message contains a file attachment prepared for transmission using the Internet MIME message format. If you are using Pegasus Mail, or any another MIME-compliant system, you should be able to save it or view it from within your mailer. If you cannot, please ask your system administrator for assistance. ---- File information ----------- File: mvc-020s.jpg Date: 20 Apr 2003, 14:37 Size: 38877 bytes. Type: JPEG-image
You'll get it. I just saw a great piece of land as well. But I just can't bring my self to sell the car for it. My wife says one or the other. How frustrating! Good luck with the sale. Hope that land is worth it! Randall ----- Original Message ----- From: "Cevon Mclean" <cmclean (AT) rbhnrc (DOT) usda.gov> To: "Shelby List" <shelbymustang (AT) carmemories (DOT) com> Cc: "G. Richard Gray" <richard (AT) grayassoc (DOT) com> Sent: Friday, March 31, 2006 7:41 AM Subject: (4-SALE) 67-GT500 > Hey guys, > I just bought a large piece of land and need to sell my real red(9).... > (1 of 45 made) 67 GT500 that I have had for 6 years. > Just want to let you guys know before I put it on ebay. > Richard, your brother still looking for a car?.. > Cevon...301.922.2009 cell anytime. > Asking..$175K....#2408.......no rust, no undercoating,no surprizes. > 58K miles documented. > Automatic. > Im not very excited about selling it. > Im keep my GT350.... > > -------------------------------------------------------------------------------- > The following section of this message contains a file attachment > prepared for transmission using the Internet MIME message format. > If you are using Pegasus Mail, or any another MIME-compliant system, > you should be able to save it or view it from within your mailer. > If you cannot, please ask your system administrator for assistance. > > ---- File information ----------- > File: mvc-006s.jpg > Date: 20 Apr 2003, 14:33 > Size: 40008 bytes. > Type: JPEG-image > -------------------------------------------------------------------------------- > The following section of this message contains a file attachment > prepared for transmission using the Internet MIME message format. > If you are using Pegasus Mail, or any another MIME-compliant system, > you should be able to save it or view it from within your mailer. > If you cannot, please ask your system administrator for assistance. > > ---- File information ----------- > File: mvc-010s.jpg > Date: 20 Apr 2003, 14:34 > Size: 39634 bytes. > Type: JPEG-image > -------------------------------------------------------------------------------- > The following section of this message contains a file attachment > prepared for transmission using the Internet MIME message format. > If you are using Pegasus Mail, or any another MIME-compliant system, > you should be able to save it or view it from within your mailer. > If you cannot, please ask your system administrator for assistance. > > ---- File information ----------- > File: mvc-011s.jpg > Date: 20 Apr 2003, 14:34 > Size: 38342 bytes. > Type: JPEG-image > -------------------------------------------------------------------------------- > The following section of this message contains a file attachment > prepared for transmission using the Internet MIME message format. > If you are using Pegasus Mail, or any another MIME-compliant system, > you should be able to save it or view it from within your mailer. > If you cannot, please ask your system administrator for assistance. > > ---- File information ----------- > File: mvc-020s.jpg > Date: 20 Apr 2003, 14:37 > Size: 38877 bytes. > Type: JPEG-image >
I know, it sucks... Yes its worth it..If all goes well i can pay cash later for a mint KR conv...hehehe... Cevon... From: "Randall Paul" <randall.paul (AT) randallpaul (DOT) com> To: <cmclean (AT) rbhnrc (DOT) usda.gov>, "Shelby List" <shelbymustang (AT) carmemories (DOT) com> Copies to: "G. Richard Gray" <richard (AT) grayassoc (DOT) com> Subject: Re: (4-SALE) 67-GT500 Date sent: Fri, 31 Mar 2006 09:14:19 +1200 You'll get it. I just saw a great piece of land as well. But I just can't bring my self to sell the car for it. My wife says one or the other. How frustrating! Good luck with the sale. Hope that land is worth it! Randall ----- Original Message ----- From: "Cevon Mclean" <cmclean (AT) rbhnrc (DOT) usda.gov> To: "Shelby List" <shelbymustang (AT) carmemories (DOT) com> Cc: "G. Richard Gray" <richard (AT) grayassoc (DOT) com> Sent: Friday, March 31, 2006 7:41 AM Subject: (4-SALE) 67-GT500 > Hey guys, > I just bought a large piece of land and need to sell my real red(9).... > (1 of 45 made) 67 GT500 that I have had for 6 years. > Just want to let you guys know before I put it on ebay. > Richard, your brother still looking for a car?.. > Cevon...301.922.2009 cell anytime. > Asking..$175K....#2408.......no rust, no undercoating,no surprizes. > 58K miles documented. > Automatic. > Im not very excited about selling it. > Im keep my GT350.... > > -------------------------------------------------------------------------------- > The following section of this message contains a file attachment > prepared for transmission using the Internet MIME message format. > If you are using Pegasus Mail, or any another MIME-compliant system, > you should be able to save it or view it from within your mailer. > If you cannot, please ask your system administrator for assistance. > > ---- File information ----------- > File: mvc-006s.jpg > Date: 20 Apr 2003, 14:33 > Size: 40008 bytes. > Type: JPEG-image > -------------------------------------------------------------------------------- > The following section of this message contains a file attachment > prepared for transmission using the Internet MIME message format. > If you are using Pegasus Mail, or any another MIME-compliant system, > you should be able to save it or view it from within your mailer. > If you cannot, please ask your system administrator for assistance. > > ---- File information ----------- > File: mvc-010s.jpg > Date: 20 Apr 2003, 14:34 > Size: 39634 bytes. > Type: JPEG-image > -------------------------------------------------------------------------------- > The following section of this message contains a file attachment > prepared for transmission using the Internet MIME message format. > If you are using Pegasus Mail, or any another MIME-compliant system, > you should be able to save it or view it from within your mailer. > If you cannot, please ask your system administrator for assistance. > > ---- File information ----------- > File: mvc-011s.jpg > Date: 20 Apr 2003, 14:34 > Size: 38342 bytes. > Type: JPEG-image > -------------------------------------------------------------------------------- > The following section of this message contains a file attachment > prepared for transmission using the Internet MIME message format. > If you are using Pegasus Mail, or any another MIME-compliant system, > you should be able to save it or view it from within your mailer. > If you cannot, please ask your system administrator for assistance. > > ---- File information ----------- > File: mvc-020s.jpg > Date: 20 Apr 2003, 14:37 > Size: 38877 bytes. > Type: JPEG-image >
I have a question when you sell a car of this magnatude. Can you do a 1031 transaction on vehicles? Similar to selling real estate when you exchange it for another parcel of land? At least you would avoid getting taxed on the large gain. Any accountants out there? Greg --- Cevon Mclean <cmclean (AT) rbhnrc (DOT) usda.gov> wrote: > I know, it sucks... > Yes its worth it..If all goes well i can pay cash > later for a mint KR > conv...hehehe... > Cevon... > > From: "Randall Paul" > <randall.paul (AT) randallpaul (DOT) com> > To: <cmclean (AT) rbhnrc (DOT) usda.gov>, "Shelby > List" <shelbymustang (AT) carmemories (DOT) com> > Copies to: "G. Richard Gray" > <richard (AT) grayassoc (DOT) com> > Subject: Re: (4-SALE) 67-GT500 > Date sent: Fri, 31 Mar 2006 09:14:19 +1200 > > You'll get it. I just saw a great piece of land as > well. But I just can't > bring my self to sell the car for it. My wife says > one or the other. How > frustrating! > Good luck with the sale. Hope that land is worth > it! > > Randall > > > ----- Original Message ----- > From: "Cevon Mclean" <cmclean (AT) rbhnrc (DOT) usda.gov> > To: "Shelby List" <shelbymustang (AT) carmemories (DOT) com> > Cc: "G. Richard Gray" <richard (AT) grayassoc (DOT) com> > Sent: Friday, March 31, 2006 7:41 AM > Subject: (4-SALE) 67-GT500 > > > > Hey guys, > > I just bought a large piece of land and need to > sell my real red(9).... > > (1 of 45 made) 67 GT500 that I have had for 6 > years. > > Just want to let you guys know before I put it on > ebay. > > Richard, your brother still looking for a car?.. > > Cevon...301.922.2009 cell anytime. > > Asking..$175K....#2408.......no rust, no > undercoating,no surprizes. > > 58K miles documented. > > Automatic. > > Im not very excited about selling it. > > Im keep my GT350.... > > > > > > > -------------------------------------------------------------------------------- > > > > The following section of this message contains a > file attachment > > prepared for transmission using the Internet MIME > message format. > > If you are using Pegasus Mail, or any another > MIME-compliant system, > > you should be able to save it or view it from > within your mailer. > > If you cannot, please ask your system > administrator for assistance. > > > > ---- File information ----------- > > File: mvc-006s.jpg > > Date: 20 Apr 2003, 14:33 > > Size: 40008 bytes. > > Type: JPEG-image > > > > > -------------------------------------------------------------------------------- > > > > The following section of this message contains a > file attachment > > prepared for transmission using the Internet MIME > message format. > > If you are using Pegasus Mail, or any another > MIME-compliant system, > > you should be able to save it or view it from > within your mailer. > > If you cannot, please ask your system > administrator for assistance. > > > > ---- File information ----------- > > File: mvc-010s.jpg > > Date: 20 Apr 2003, 14:34 > > Size: 39634 bytes. > > Type: JPEG-image > > > > > -------------------------------------------------------------------------------- > > > > The following section of this message contains a > file attachment > > prepared for transmission using the Internet MIME > message format. > > If you are using Pegasus Mail, or any another > MIME-compliant system, > > you should be able to save it or view it from > within your mailer. > > If you cannot, please ask your system > administrator for assistance. > > > > ---- File information ----------- > > File: mvc-011s.jpg > > Date: 20 Apr 2003, 14:34 > > Size: 38342 bytes. > > Type: JPEG-image > > > > > -------------------------------------------------------------------------------- > > > > The following section of this message contains a > file attachment > > prepared for transmission using the Internet MIME > message format. > > If you are using Pegasus Mail, or any another > MIME-compliant system, > > you should be able to save it or view it from > within your mailer. > > If you cannot, please ask your system > administrator for assistance. > > > > ---- File information ----------- > > File: mvc-020s.jpg > > Date: 20 Apr 2003, 14:37 > > Size: 38877 bytes. > > Type: JPEG-image > > > > > > > __________________________________________________ Do You Yahoo!? Tired of spam? Yahoo! Mail has the best spam protection around http://mail.yahoo.com
Good question - would this be considered a "like" trade by IRS standards? Or, should the seller simply report less to Big Brother (not an endorsement of any kind!) We must have a Accountant or Lawyer lurking out there in the ether... M. (or to the authorities, Anonymous) In a message dated 3/30/2006 6:08:46 P.M. Eastern Standard Time, mrgt350 (AT) yahoo (DOT) com writes: I have a question when you sell a car of this magnatude. Can you do a 1031 transaction on vehicles? Similar to selling real estate when you exchange it for another parcel of land? At least you would avoid getting taxed on the large gain. Any accountants out there? Greg --- Cevon Mclean <cmclean (AT) rbhnrc (DOT) usda.gov> wrote: > I know, it sucks... > Yes its worth it..If all goes well i can pay cash > later for a mint KR > conv...hehehe... > Cevon... > > From: "Randall Paul" > <randall.paul (AT) randallpaul (DOT) com> > To: <cmclean (AT) rbhnrc (DOT) usda.gov>, "Shelby > List" <shelbymustang (AT) carmemories (DOT) com> > Copies to: "G. Richard Gray" > <richard (AT) grayassoc (DOT) com> > Subject: Re: (4-SALE) 67-GT500 > Date sent: Fri, 31 Mar 2006 09:14:19 +1200 > > You'll get it. I just saw a great piece of land as > well. But I just can't > bring my self to sell the car for it. My wife says > one or the other. How > frustrating! > Good luck with the sale. Hope that land is worth > it! > > Randall > > > ----- Original Message ----- > From: "Cevon Mclean" <cmclean (AT) rbhnrc (DOT) usda.gov> > To: "Shelby List" <shelbymustang (AT) carmemories (DOT) com> > Cc: "G. Richard Gray" <richard (AT) grayassoc (DOT) com> > Sent: Friday, March 31, 2006 7:41 AM > Subject: (4-SALE) 67-GT500 > > > > Hey guys, > > I just bought a large piece of land and need to > sell my real red(9).... > > (1 of 45 made) 67 GT500 that I have had for 6 > years. > > Just want to let you guys know before I put it on > ebay. > > Richard, your brother still looking for a car?.. > > Cevon...301.922.2009 cell anytime. > > Asking..$175K....#2408.......no rust, no > undercoating,no surprizes. > > 58K miles documented. > > Automatic. > > Im not very excited about selling it. > > Im keep my GT350.... > > > > > > > ------------------------------------------------------------------------------ -- > > > > The following section of this message contains a > file attachment > > prepared for transmission using the Internet MIME > message format. > > If you are using Pegasus Mail, or any another > MIME-compliant system, > > you should be able to save it or view it from > within your mailer. > > If you cannot, please ask your system > administrator for assistance. > > > > ---- File information ----------- > > File: mvc-006s.jpg > > Date: 20 Apr 2003, 14:33 > > Size: 40008 bytes. > > Type: JPEG-image > > > > > ------------------------------------------------------------------------------ -- > > > > The following section of this message contains a > file attachment > > prepared for transmission using the Internet MIME > message format. > > If you are using Pegasus Mail, or any another > MIME-compliant system, > > you should be able to save it or view it from > within your mailer. > > If you cannot, please ask your system > administrator for assistance. > > > > ---- File information ----------- > > File: mvc-010s.jpg > > Date: 20 Apr 2003, 14:34 > > Size: 39634 bytes. > > Type: JPEG-image > > > > > ------------------------------------------------------------------------------ -- > > > > The following section of this message contains a > file attachment > > prepared for transmission using the Internet MIME > message format. > > If you are using Pegasus Mail, or any another > MIME-compliant system, > > you should be able to save it or view it from > within your mailer. > > If you cannot, please ask your system > administrator for assistance. > > > > ---- File information ----------- > > File: mvc-011s.jpg > > Date: 20 Apr 2003, 14:34 > > Size: 38342 bytes. > > Type: JPEG-image > > > > > ------------------------------------------------------------------------------ -- > > > > The following section of this message contains a > file attachment > > prepared for transmission using the Internet MIME > message format. > > If you are using Pegasus Mail, or any another > MIME-compliant system, > > you should be able to save it or view it from > within your mailer. > > If you cannot, please ask your system > administrator for assistance. > > > > ---- File information ----------- > > File: mvc-020s.jpg > > Date: 20 Apr 2003, 14:37 > > Size: 38877 bytes. > > Type: JPEG-image > > > > > > > __________________________________________________ Do You Yahoo!? Tired of spam? Yahoo! Mail has the best spam protection around http://mail.yahoo.com
A collector car held for investment exchanged for another collector car held for investment would qualify for tax free exchange treatment (1031). Car for Land, etc. doesn't work. Wendell In a message dated 3/30/2006 5:30:08 P.M. Central Standard Time, APPTELINC (AT) aol (DOT) com writes: Good question - would this be considered a "like" trade by IRS standards? Or, should the seller simply report less to Big Brother (not an endorsement of any kind!) We must have a Accountant or Lawyer lurking out there in the ether... M. (or to the authorities, Anonymous) In a message dated 3/30/2006 6:08:46 P.M. Eastern Standard Time, mrgt350 (AT) yahoo (DOT) com writes: I have a question when you sell a car of this magnatude. Can you do a 1031 transaction on vehicles? Similar to selling real estate when you exchange it for another parcel of land? At least you would avoid getting taxed on the large gain. Any accountants out there? Greg
Don't see why not. A car is a car and if you sell a piece of land is there a capital gain on it in the US? If it is not your primary residence then here there is tax. Cars can not be taxed unless you are deemed a dealer or an active trader trading 8 cars annually. Interesting ----- Original Message ----- From: WendellTX (AT) aol (DOT) com To: APPTELINC (AT) aol (DOT) com ; mrgt350 (AT) yahoo (DOT) com ; cmclean (AT) rbhnrc (DOT) usda.gov ; shelbymustang (AT) carmemories (DOT) com Sent: Friday, March 31, 2006 11:41 AM Subject: Re: (4-SALE) 67-GT500 A collector car held for investment exchanged for another collector car held for investment would qualify for tax free exchange treatment (1031). Car for Land, etc. doesn't work. Wendell In a message dated 3/30/2006 5:30:08 P.M. Central Standard Time, APPTELINC (AT) aol (DOT) com writes: Good question - would this be considered a "like" trade by IRS standards? Or, should the seller simply report less to Big Brother (not an endorsement of any kind!) We must have a Accountant or Lawyer lurking out there in the ether... M. (or to the authorities, Anonymous) In a message dated 3/30/2006 6:08:46 P.M. Eastern Standard Time, mrgt350 (AT) yahoo (DOT) com writes: I have a question when you sell a car of this magnatude. Can you do a 1031 transaction on vehicles? Similar to selling real estate when you exchange it for another parcel of land? At least you would avoid getting taxed on the large gain. Any accountants out there? Greg
Ok, What if you bought the car because you liked the car and were not really thinking of it as an INVESTMENT? If it was not purchase as an investment could you still do the 1031 assuming you found a similar car? Might be getting to techincal but you know how the IRS is. Greg --- Randall Paul <randall.paul (AT) randallpaul (DOT) com> wrote: > Don't see why not. A car is a car and if you sell a > piece of land is there a capital gain on it in the > US? If it is not your primary residence then here > there is tax. Cars can not be taxed unless you are > deemed a dealer or an active trader trading 8 cars > annually. Interesting > ----- Original Message ----- > From: WendellTX (AT) aol (DOT) com > To: APPTELINC (AT) aol (DOT) com ; mrgt350 (AT) yahoo (DOT) com ; > cmclean (AT) rbhnrc (DOT) usda.gov ; > shelbymustang (AT) carmemories (DOT) com > Sent: Friday, March 31, 2006 11:41 AM > Subject: Re: (4-SALE) 67-GT500 > > > A collector car held for investment exchanged for > another collector car held for investment would > qualify for tax free exchange treatment (1031). > > Car for Land, etc. doesn't work. > > Wendell > > In a message dated 3/30/2006 5:30:08 P.M. Central > Standard Time, APPTELINC (AT) aol (DOT) com writes: > Good question - would this be considered a > "like" trade by IRS standards? > Or, should the seller simply report less to Big > Brother (not an endorsement of any kind!) > We must have a Accountant or Lawyer lurking out > there in the ether... > > M. > (or to the authorities, Anonymous) > > In a message dated 3/30/2006 6:08:46 P.M. > Eastern Standard Time, mrgt350 (AT) yahoo (DOT) com writes: > I have a question when you sell a car of this > magnatude. > Can you do a 1031 transaction on vehicles? > Similar to > selling real estate when you exchange it for > another > parcel of land? At least you would avoid > getting > taxed on the large gain. > > Any accountants out there? > > Greg > > __________________________________________________ Do You Yahoo!? Tired of spam? Yahoo! Mail has the best spam protection around http://mail.yahoo.com
I can't speak for the US but in Canada you would pay capital gains on it. I am selling my 68 for the same reason to buy property. My accountant and my investment broker both tell me any profit is supposed to be declared and taxes paid. Ya, right! I asked if I have to pay capital gains on it, can I offset those gains by the loses I took in other car deals? Nope, don't work that way. The other thing, banks here are supposed to report any deposits in excess of 10K (to fight the drug trade) I have heard that includes cheques. I asked what if I get a series of cheques all under 10K, nope, cause that looks suspicious and the bank is supposed to report that as well. My only saving grace is one govt agency can not tell another govt agency of its findings. I suppose I could get the buyer to give me cash and just hand that over to the property seller and make it his problem with the bank. LOL Rob At 06:28 PM 3/30/2006 -0500, you wrote: > Good question - would this be considered a "like" trade by IRS >standar > > >
in the US you cannot pay 'cash' for property because that was a method of money laundering with the drug trade bob
I guess cash would work. I had a friend who sold his shelby and would only take cash. When the buyer bulked, he told him to never mind, I guess you dont want my car that bad..The buyer came back with 55K in cash...done deal. I guess part cash and the rest with a wire to my Schwab account...no cashiers checks. Cevon... Date sent: Thu, 30 Mar 2006 20:53:30 -0700 From: Rob Zanussi <rzanussi (AT) shaw (DOT) ca> Subject: Re: (4-SALE) 67-GT500 To: shelbymustang (AT) carmemories (DOT) com I can't speak for the US but in Canada you would pay capital gains on it. I am selling my 68 for the same reason to buy property. My accountant and my investment broker both tell me any profit is supposed to be declared and taxes paid. Ya, right! I asked if I have to pay capital gains on it, can I offset those gains by the loses I took in other car deals? Nope, don't work that way. The other thing, banks here are supposed to report any deposits in excess of 10K (to fight the drug trade) I have heard that includes cheques. I asked what if I get a series of cheques all under 10K, nope, cause that looks suspicious and the bank is supposed to report that as well. My only saving grace is one govt agency can not tell another govt agency of its findings. I suppose I could get the buyer to give me cash and just hand that over to the property seller and make it his problem with the bank. LOL Rob At 06:28 PM 3/30/2006 -0500, you wrote: > Good question - would this be considered a "like" trade by IRS >standar > > >
The government reporting is mandatory. That would apply to cashiers checks, not personal or business checks. They have to fill out a cash reporting form (I believe 8300) for cash transactions over $10,000. Depending on the interpretation of the law. They will fill out the forms for a cumulative amount if the transactions are within a certain period. If there was a deal that required cash, it would not stop me from buying a car. I just would not go alone. Lee 66 # 869 69 # 2055
In a message dated 3/31/2006 7:35:42 PM Eastern Standard Time, GT350HZ (AT) aol (DOT) com writes: If there was a deal that required cash, it would not stop me from buying a car. I just would not go alone. Lee Lee's absolutely right. I once sold an aircraft to a guy from Florida who paid us in $100 bills and cashier's checks drawn on a bank in New Jersey. Fortunately, my partner in the plane was an Indiana Conservation Officer (they have State Police powers here) who accompanied me to deliver it to Dayton, Ohio in uniform with gun. We then sent a formal notice to the FAA that we had sold and delivered it. The buyer never registered the aircraft, and six months later it was seized in Florida carrying drugs. Had we not done as we did, we would have had some 'splaining' to do when the Feds came calling about "our" aircraft. Currently at B-J in West Palm; just watched a dealer-installed a/c '67 GT500 make $210k + premium, and two '69 Mach's make $118k and $100k. Good Grief! Cheers, Mike Heroy
Guy her has a nice 68 428 mustang at $125,000 Good grief1 Randall ----- Original Message ----- From: MHeroy (AT) aol (DOT) com To: shelbymustang (AT) carmemories (DOT) com Sent: Sunday, April 02, 2006 8:16 AM Subject: Re: (4-SALE) 67-GT500 In a message dated 3/31/2006 7:35:42 PM Eastern Standard Time, GT350HZ (AT) aol (DOT) com writes: If there was a deal that required cash, it would not stop me from buying a car. I just would not go alone. Lee Lee's absolutely right. I once sold an aircraft to a guy from Florida who paid us in $100 bills and cashier's checks drawn on a bank in New Jersey. Fortunately, my partner in the plane was an Indiana Conservation Officer (they have State Police powers here) who accompanied me to deliver it to Dayton, Ohio in uniform with gun. We then sent a formal notice to the FAA that we had sold and delivered it. The buyer never registered the aircraft, and six months later it was seized in Florida carrying drugs. Had we not done as we did, we would have had some 'splaining' to do when the Feds came calling about "our" aircraft. Currently at B-J in West Palm; just watched a dealer-installed a/c '67 GT500 make $210k + premium, and two '69 Mach's make $118k and $100k. Good Grief! Cheers, Mike Heroy