Was This Finally “Peak Insanity” in Used Vehicle Prices? And all other crystal ball questions

Well, considering they want you to report income from drug dealing and stolen goods…

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Gotta pay capitol gains on that insider trading somehow. :smirk:

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This is literally the funniest thing I’ve ever seen and I had to verify it was true. It is…

Tell me your government is broke, with out admitting your government is broke…

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The IRS doesn’t care where you get the money from, as long as you pay taxes on it.

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If it means anything, the IRS in on your side if they get their fair share

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It’s been common knowledge since the days of Al Capone’s arrest.

1krrec

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But the DoJ might. That’s why you need a very expensive team of accountants and lawyers to create shell companies to launder all the money.

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season 7 GIF

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No new form needed, it already exist. Technically people should be putting it on form 8949. After IRS sees all the unclaimed cap gains this tax year. They will update instructions for form 8949 stating lease equity should be reported and how.

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If anyone is curious, here is the segment:

https://filebin.net/b2t4zljf9gov8ksg/amnewsleaseseg.mp4

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Yeah this is odd. Audi West Palm Beach now shows over 200 new vehicles

Wonder if extra allocation was redirected this way to meet the demands of NEast snowbirds for season

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Pretty much every one of my Audi dealers is reporting a much higher than expected resupply. It’s likely that some bottleneck was overcome.

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image

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Agreed but what bottleneck would only but for Audi?

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likelihood is that 99% of those cars coming in are already sold. we have been seeing the same with volvo. i see cars arriving almost every time i work on a delivery, including on weekends, but most of those cars are already pre-sold.

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I’ve noticed some Toyota dealers are doing the same to give the illusion of inventory and show how much demand there is so people overpay. Like look how many cars we sold before they hit the lot type of thing. They’re also listing cars that aren’t even built yet.

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I’d say 50/50 pre-sold based on the lists I received but fast filling as some original sold orders got pushed back on ETA and Salespeople calling their buyers trying to get them to switch to inventory/inbounds.

almost every dealer here “lists” huge inventory but has very few cars on the actual lot. haven’t checked into audi as of yet but with toyota they’re listing inventory of cars they’ve pre-sold still.

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They do this to get your contact info so they can hound you for the next 37 years.

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Just 37? :grin:

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