Reminds me of Oprah's famous "You're getting a car!" giveaway, when she gave cars to hundreds of people in the audience. Also, I can't remember what kind of car, so HAW HAW to the marketing genius who thought of that one.
Anyway, most of those people were getting cars from Oprah because they had sob stories such that they could't afford a new car. By giving them all $36,000 cars, she was in some cases doubling their household income for that year, and someone figured that the average increase of a recipient's tax burden would be about $8000. You can be certain that most of those cars were sold. Heck, mark the sucker up if it has Oprah's fingerprints on it. Considering what people pay for lunch with Warren Buffett, you'd a car that appeared in the vicinity of Oprah would be worth a little over sticker.
So my question for you is this: How many cars can you buy with $8000 you save by not getting a car from Oprah?
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syntheid
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Date: 2005-07-16 04:59 pm (UTC)Anyway, most of those people were getting cars from Oprah because they had sob stories such that they could't afford a new car. By giving them all $36,000 cars, she was in some cases doubling their household income for that year, and someone figured that the average increase of a recipient's tax burden would be about $8000. You can be certain that most of those cars were sold. Heck, mark the sucker up if it has Oprah's fingerprints on it. Considering what people pay for lunch with Warren Buffett, you'd a car that appeared in the vicinity of Oprah would be worth a little over sticker.
So my question for you is this: How many cars can you buy with $8000 you save by not getting a car from Oprah?