Win a Prius Prime

Discussion in 'Prime Main Forum (2017-Current)' started by Blue-Adept, Apr 15, 2021.

  1. Blue-Adept

    Blue-Adept Active Member

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    Found this raffle for a 2021 Prius Prime. I'm not affiliated with them. Won a car before on a raffle like this so I took a chance and bought a ticket.

    Only 500 Tickets.


    2021 Prius Raffle | SWEC

    Steve
     
    SeattleBebop1 and chickenhawk like this.
  2. schja01

    schja01 One of very few in Chicagoland

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    They’ve been raffing off Primes for 15 years?
     
    bisco likes this.
  3. Blue-Adept

    Blue-Adept Active Member

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    Look like they have been Raffles for 15 Year. Prius C and others Prius
     
  4. schja01

    schja01 One of very few in Chicagoland

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    Curious, who pays the state and local taxes and can the winner claim the Federal and other (if applicable) tax credits? Not sure I’d want to win something I’ll need to turn around and sell just to pay the taxes. Kind of like winning something on a game show.
     
  5. Salamander_King

    Salamander_King Senior Member

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    From the linked website, "With only 500 tickets being sold at $110 each, you’ve got a great chance to win." This means if they sell all tickets, they will receive $110x500=$55000. That's close to twice the MSRP of the PP LE. I suppose they got a corporate sponsor who donated this car to be ruffled. So, most of them are free money to this Southwest Environmental Center. If you believe in their environmental agenda, it would be a win-win proposition. I wonder, if I buy a ticket and win, do I have to travel to NM to pick it up? LOL
     
  6. Salamander_King

    Salamander_King Senior Member

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    Not sure about the tax credit. My feeling is that the winner is NOT entitled to the fed credit. But from the linked page: Winner is responsible for license, title and all applicable taxes (including the withholding tax). Raffle tickets are not tax-deductible.
     
  7. Blue-Adept

    Blue-Adept Active Member

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    Ok. Would you buy a brand new car for about 22% of the sticker? And last time I won a $36,000 car. My effective tax was $4500 bucks.

    not to shabby
     
    #7 Blue-Adept, Apr 15, 2021
    Last edited: Apr 15, 2021
  8. Trollbait

    Trollbait It's a D&D thing

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    Don't those fees also apply to used cars?
    The tax credit is for new cars, so the question is has this Prime been registered with someone besides a dealer.
    If it is technically a used car that can't get the credit*, then its taxable value will be lower.

    *When proposed, the $7000 tax credit extension included a $2000 credit for used plug ins. I haven't checked if that actually made it into the law.
     
  9. bisco

    bisco cookie crumbler

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    no brainer if you support wildlife in the southwest. if not, you have to weigh it all out vs the current deals for those in the northeast, but it sounds like a pretty good deal.
     
  10. kenmce

    kenmce High Voltage Member

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    The odds are good, but I'm not interested in going to New Mexico to get a car.
     
  11. chickenhawk

    chickenhawk Member

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    Thanks for the share(y) I'm in for one:D Another car that I can MOD:cool:
     
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