And that's why I kept it.
I'd be crazy to think I could get what it would take to replace it.

It's like I drove it off the the lot 17 years ago except the rear view mirror has some grey haired guy in it.
And I don't know who in the hell that guy is.

 

looks like it went for $200k

 

So does Leno get to claim $200k as a charitable donation or what he originally paid for it?

 

I'm pretty sure he can claim the $200K. When you donate a vehicle to charity, you deduct the "fair market value" as I understand it. So, looks like it's worth $200K!

- Jack

 

Jay Leno... I swear you take a sawzall to his chin and you got Donald Trump.

 

I saw a video of Leno giving a new Hellcat to a wounded warrior. All I could think of is that the WW probably couldn't afford the income taxes on the value of that car. I hope he helped him with the income taxes too.

 

wow. I saw a guy who for a few seconds of his life forgot about all the pain and lost friends. A guy that for a few seconds thought someone gives a damn.
there are a bunch of people in this country that feel entitled and I promise they share your thoughts. "is that all there is?"

reality he could sell it and pocket a good chunk of change or he could get a loan.

Multiple Sclerosis Society got $200k from the lightning.

great thing about this donation and tax thing....we can all do it.

 

Well, if the guy is lucky enough to earn $15/hr, it might take a years pay after taxes to pay the taxes on a Hellcat. Maybe he makes $50/hr, we don't know. I don't think he did the guy that much of a favor giving him that car.

As far as your opinion that I feel entitled, I grew up poor and had to work very hard from childhood in order to have anything. I am now a retired engineer with no debts and money in the bank that I earned. You know what what assume means. It makes an *** out of u.

 

please enlighten me how this guy does not walk away from this day with anything less than $35k? He either get a loan for the taxes (and owns a $75k car) or he sales the car and takes the profit. At $15 an hour he just got a years plus pay, or he got one of the most talked about cars in a long times .

Entitlement is a state of mind, not an education or money in the bank. It is a sense that people owe other people something. "Jay Leno owes this guy a car plus the taxes, the car alone is not enough" No different than you give your kid a cookie and they cry because you didnt give them 2.
Some of the most entitled people i know are very wealthy and think everyone owes them.

I dont think Jay gave the car for the value. I think he gave the car as an appreciation to all of those that have served. I have to believe there are a lot of guys that are happy that this young man got the car. If the car give a away puts a smile on some people face or kept one guy from eating a bullet, mission accomplished. maybe it encourage other to give or help out, you have no way of knowing what it did. I have to think it had a positive affect on most.

 

I would never give my sons a car with 710 hp because I would be afraid they would hurt themselves or someone else with it. I bought both of them Mustangs with a V6. Of course they wanted a V8. The odds of this young GI hurting himself further would be great. If Leno wanted to really help the guy he could have given him a scholarship for a school or given him a job or maybe an all expense paid vacation, maybe a week at the Mustang Ranch, not a car that might kill him and for sure would be a burden for him with the taxes and upkeep if he didn't sell it. Seems to me that it would be difficult for the young man to decide to sell such a car.

This reminds me of another event. Dennis Rodman was involved with the raffling of a Miami multimillion dollar mansion on the water. He was on TV remarking how some person on the street could end up winning and owning this magnificent mansion. While it would be great to win, the average person would have to sell it asap to pay the income taxes and annual property taxes before the city/county took it and auctioned it off for the taxes.

 

You are really trying to stretch a kind act by a celebrity who gives back into being nothing more than a PR. You are making yourself look stupid in the process.

If you remember that video specifically, that soldier was selected by Leno, because he was a car guy, and the car he wanted to buy was a Challenger.

 

Yeah, I saw that video and it didn't seem to me the guy acted like he was that thrilled to receive it. We all have our own opinions. Could you be the stupid one?

During the Iraq war, supposedly more GIs stationed at USA bases were killed in car crashes from speeding and drinking than an equal number serving in the Iraq war.

 

lets be clear

Leno does the USO tour, is that ok with you? or I guess that is self serving also?

hmmm, he was infantry patrolling streets, suicide bomber drove up and boom, 2 friend walking with him , dead. He suffers brain injury and has had 10 surgeries, what kind of response are you looking for? Maybe watching 2 friends blow up, brain injury, pain, 10 surgerys, ptsd has redefined "thrilled" to him.

 

For clarification

I like Jay Leno. I believe he is a genuinely nice guy and a generous guy. He was my favorite late night talk show host and I stayed up late too many nights to see his show. I did not like what NBC did to him taking his show away from him when he was still number 1 in the ratings. I'm sure he thought he was doing a great thing by giving this young man a Hellcat. I just had a slightly different take on how much of a favor he was actually doing the man.

I do not understand the need to insult someone who has a different outlook.

 

Being a CPA tax preparer that has seen first hand where someone won a car and had to sell it to pay the taxes, totally understand the point you were making. I also understand the point that it should not demenish the generosity of Leno. It was nice regardless of the details or his motivation.

Also, Leno may have even given cash to help with the taxes and that was left out of the story.