I bought three Midgets for $350 and sold one for $200. I don't have any documentation of this though. What do I need to have to prove this is what happened?
I bought three Midgets for $350 and sold one for $200. I don't have any documentation of this though. What do I need to have to prove this is what happened?
96DXCivic wrote: I bought three Midgets for $350 and sold one for $200. I don't have any documentation of this though. What do I need to have to prove this is what happened?
I couldn't love GRM the magazine or the website more, and believe me, I don't like to be the P.C police or anything or the guy who has a problem with everything thing, but I do have a problem with this...
I find it a bit offensive that you use terms like Midget. I myself do not have height issues, nor am I friends with a little person, but I feel sensitivity for people with miniature statures as I watched a TV special on little people last night, and my Girlfriend is pursuing her masters in the field.
These terms although I'm preety sure are not evewr nreal words, are obviouslyt meant to resemble the words used to describe people with height disadvantages, and it appears that they are used on these boards in a joking sense which, as I view it, makes light of people who are afflicted with lack of vertical span.
It just dosen't seem right to me, thats all. I know that it's not my message board, and that noone forces me to post here, but all the same, some things are wrong when they really don't need to be.
Huh??
I think Nashco has been playing with a bit too much high voltage.
I don't have a problem with Midgets... but are you supposed to buy and sell them? I thought that was illegal. 
Ummm, anyway... on your REAL question, I've got nothing. If you can't prove it, you'll just have to take your chances. I GUARANTEE a good story (that includes buying and selling Midgets) will carry you a LONG way. Besides...it pretty believable.
What's the worst that can happen? You DON'T win one of the plastic trophies??
yea, just document it. Maybe take pictures and write a small song about it. Remember to repeat the chorus at the end and then fade.
Per Schroeder wrote: yea, just document it. Maybe take pictures and write a small song about it. Remember to repeat the chorus at the end and then fade.
Hmmm. Budget presented in song. That could be fun.
Acceptance speech song? Hmm? I dare someone, triple dog dare even.
Per Schroeder wrote: yea, just document it. Maybe take pictures and write a small song about it. Remember to repeat the chorus at the end and then fade.
Or print out a copy of this post, looks like evidence to me.
SVreX wrote: Huh?? I think Nashco has been playing with a bit too much high voltage. I don't have a problem with Midgets... but are you supposed to buy and sell them? I thought that was illegal.
Own, no. Rent, now that is a different story all together.
and remember, they are not short, they are vertically challenged.
You really don't want me to sing. I have another question going back to the shop rate thing. Could we use things like the bandsaw, drill press and welder (esp. since the guy is buying a welder just to work on the project) with out charging shop rate as long as we include the cost of machining anything on the mill or lathe?
Just thought I’d run this by everyone. I picked up 2 engines and a block last weekend for free. I guess the guys shop was moving to a smaller building and he posted everything on a message board along with a car. Now if I was going to include these in the budget for a future challenge how would I value these? They were offered up to everyone on the board so that would make them free right? Now I went 23 miles round trip to pick them up in a truck that gets about 17 mpg highway. Gas is about $2.87 a gallon so would that make each engine $1.29 or would I have to weigh them and get the scrap price? Incase you want to know the engines were a 1979 403 olds with a rod knock, a 1968 Olds 455, and a 1996 Chevy 454 block.
I'm no expert (that is, I'm not Per), but I'd consider that fair, yeah. You weren't given preferential treatment so I wouldn't have a problem budgeting them at those prices.
Pseudosport wrote: Just thought I’d run this by everyone. I picked up 2 engines and a block last weekend for free. I guess the guys shop was moving to a smaller building and he posted everything on a message board along with a car. Now if I was going to include these in the budget for a future challenge how would I value these? They were offered up to everyone on the board so that would make them free right? Now I went 23 miles round trip to pick them up in a truck that gets about 17 mpg highway. Gas is about $2.87 a gallon so would that make each engine $1.29 or would I have to weigh them and get the scrap price? Incase you want to know the engines were a 1979 403 olds with a rod knock, a 1968 Olds 455, and a 1996 Chevy 454 block.
if they were posted on a public forum for free by someone you didn't already know was going to get rid of them, then they're $0.00 plus the cost of picking them up. and yes, you can recoup that cost.
^ That exactly how I am including the price on my engine for $2010
Explain this part of the rules to me.
The Rules Say: Once the recuperation limit has been reached on a car or parts deals, trading is not allowed.
How do trades get recorded in the budget? If I have a parts car I'm using for my build and I trade the rims for something else I need for the build is the part I received free in the budget or recorded at the value of the rims that I traded. Also, if it counts as the value of the rims, does that count as part of the recoup amount?
Never recoup the entire amount of the car and you can continue trading parts
There has been a lot of talk of free cars, in that they were available to the public, for $0, and you just happened to be that person.
Makes sense.
Does the same apply to scraps and old parts? I found some bent Star Mazda A-arms in a trash pile that I'd like to salvage the Heim joints from, and there's some scrap metal lying around that's just free for the taking.
I've heard some people budget at scrap rates for "friend deals," but when it's from a junkyard and free for the taking, does it need to be budgeted?
Dumpster diving is both free, and a highly revered and sacred art form among GRMers.
Junkyard free- I've never been in a junkyard that was OK with you walking out with parts without paying. If you are aware of one that allows this to the general public (not counting parts you hid in your toolbox to avoid the glare of the hairy guy with the cigar at the checkout counter), then there would be no charge to your budget.
In both cases, I'd still document it. List the part, $0, and be prepared to tell the story.
"Junkyard" may have been misleading. It's more of the trash pile at the speedway I work at. I've found some pretty useful stuff in the trash piles behind Nascar 3.
unevolved wrote: "Junkyard" may have been misleading. It's more of the trash pile at the speedway I work at. I've found some pretty useful stuff in the trash piles behind Nascar 3.
That's not really available to anyone, so I think FMV applies in this case.
The speedway is open to the public any given weekend. The fact that I work there is honestly irrelevant in this case, but I figured I should throw that out there for full disclosure.
I don't get preferential treatment since I work there, the place is just pretty laid back. It's going to some other team's advantages too, as I picked up a "used" (read: 2 or 3/32nds) set of R888s for another team that were being thrown out.
I got a set of SM compound Hoosiers that were left for trash at Summit Point (literally stacked against a trash can). From heat cycles they are a little hard, but I'll give them a shot.
last year we won with free hoosier a6s that were out of the garbage.
they had some "depth", but they needed heat to stick. in my basement right now, where its warm, they feel pretty hard.
garbage tires are where its at.
SVreX wrote: Dumpster diving is both free, and a highly revered and sacred art form among GRMers. Junkyard free- I've never been in a junkyard that was OK with you walking out with parts without paying. If you are aware of one that allows this to the general public (not counting parts you hid in your toolbox to avoid the glare of the hairy guy with the cigar at the checkout counter), then there would be no charge to your budget. In both cases, I'd still document it. List the part, $0, and be prepared to tell the story.
I have. I had a junkyard let us take a random fuel injector and a sensor (I don't remember what the sensor was) for free.
When i go to the junkyard, it's usually for obscure parts. The junkyard workers are usually too lazy to figure out what to ring it up under, so as long as it's not more than two fistfuls of strange parts, they just tell me to "get the berkeley outta here, moron."
If i have more than two fistfuls, they charge me $5 under "miscellaneous."
Lazy cashiers ftw.
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