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Discussion in 'Vintage Ferrari Market' started by iwanna860monza, Feb 16, 2005.
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I cant, just bought MCi !
Is that for real???
If I recall, this car comes up for treasury auction regularly (at least twice before). Don't get excited, the owner (Walter M., I think) will pay the lien and it will be withdrawn. However, I like the pictures!
Just in case, Jim G., a coupe and spyder combo might be nice!
WOW!! My bro and I were just talking about the 412P converted 330P4s yesterday..
Non-payment of taxes. I'm guessing it wouldn't be hard to figure out who it was. Beautiful car.. I would love to own something like that.
Who owns it?????
Preach on !
for the curious, this will save you a step.
On a minimumbid of 2M$. This is your chance to own a 330 P4 NOW!
Oh, man......I'm sorry ........The AZ address threw me......They should leave Walter alone.............
Yea, but I thought he'd done some liquidation since the Road & Track article and settled up.......I guess only death and taxes...........
The key line from that article:
In 1995 a local newspaper columnist pleaded with legislators to "remedy" what he called "the Walter Medlin Tax Relief Act," so named for Medlins habit of letting his property go to tax auction, then buying it back, over and over and over, thereby postponing paying taxes on it.
One of these days the IRS is going to lose its sense of humor with Walt.
Cars as property, or property as property?
I don't understand, they are taxes ON the cars or the cars are seized against his other obligations??????
His court records in Kissimmee have all kinds of entries about abandoned mobile home offices and such.......
I'd go see 'em all, if he'd block them up in one building!
We need to get Walter some cash flow!
Just heard about this.
WOW is all I can say.
I wouldn't mind the 410, 330 or PF coupe in the picture with the wreched barn.
have this car pictured in their ads for a long time?
wacky guy. luckily one day all the cars will be free of him...
I've been told that Walter has found the money. The car won't be auctioned.
Damn Erik, I told you not to make that loan!
Yeah, but guess what I got as collateral?
Ah, looking over shoulder, if I uh promise to mow your grass for now and foreever can I take it for one little spin. I promise to be careful. I promise!
Wow, after reading that story, I certainly hope you are right.
Before it shows up in Cavallino or some other such publication, Dale and I were joking. There is no deal involved and no, I didn't get the car.
But there is a certain fchatter that has convinced me not to get an MC-12 as an Audi R8 is available. For less money than Maser wanted.
Just have to convince the wife...