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Originally Posted by M3 Adjuster
Quote:
Originally Posted by F32Fleet
Yet because income tax is due for the value of the vehicle 99% of the time the winner takes the cash.
I can think of one time where the Grand Prize also included $$ for the income tax.
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is that the only reason?  LOL. people take the cash option because they want the CAISH more than the vehicle. Period. |
Probably but we don't know since the cash option has basically always been available.
Edit: It's funny because BMWCCA advertises the hell out of the prizes for the raffle yet I suspect most members are interested in the prizes given away for buying tickets at certain intervals (ex $1k Amex gift card, $1k Amazon, $1k Shell gas card).