Three Mercedes-Benzes were stolen in North Arlington, Cresskill and Hackensack over a two-week period last August, as a wave of luxury-car thefts was bedeviling police departments across Bergen County. On Wednesday, federal prosecutors said those cars -- a gold 2008 ML350, a silver 2009 GL550 and a black 2008 S550 with a combined fair-market value of $149,000 -- were packed into a container and shipped to Tin Can Island, a port in Lagos, Nigeria, by members of an international auto theft ring.
... deduction on their 1998 tax return for the value of their donated and destroyed house. The IRS disa... be taken into account in determining the fair market value of the donated property. As we explai... could not use the retail price of donated cars as their fair market value because a contractual c...
... to Newsom's plea agreement, the total value of the nine vehicles was "approximately $360,712.0... on available information, including "[t]he fair market value of the property unlawfully taken or d... by the insurance companies for the stolen cars. Had the district court used this figure, Newsom w...
When Dennis and Rebecca Mierkowski bought a new car in 2006 for $22,444, they traded in their other vehicle for $13,750. The problem was they still owed $21,820 on the trade-in vehicle. The difference between the value and the amount owed on the trade-in - or its "negative equity" - totaled more than $8,000, which was rolled into the new car loan. More than a year and a half later, the couple filed for Chapter 13 bankruptcy and sought to have that negative equity classified as unsecured debt.
... cases the bankruptcy judge classified the fair market value of the new cars to be secured debt an...
Agents and brokers who regularly work with collector car enthusiasts know what drives these clients: passion. The collector car market is as diverse as the automobiles that make up the market. There are vintage vehicles, muscle ears, sports and exotic automobiles, and classic cars. The definition of "collector car" often varies. However, for insurance purposes, to be considered a collector car, it doesn't necessarily have to be old, it just has to be appreciating or maintaining its value. Thus, some new vehicles fit into the collector car insurance market. Collector car owners usually require other coverages and services not in standard auto policies, so agents need to talk with their carrier about the following: 1. agreed value coverage that increases with the value of the car, 2. choi...
...6 Fair replacement of parts. On collector cars, all parts...
EPA and NHTSA, on behalf of the Department of Transportation, are issuing this joint proposal to further reduce greenhouse gas emissions and improve fuel economy for light-duty vehicles for model years 2017-2025. This proposal extends the National Program beyond the greenhouse gas and corporate average fuel economy standards set for model years 2012-2016. On May 21, 2010, President Obama issued a Presidential Memorandum requesting that NHTSA and EPA develop through notice and comment rulemaking a coordinated National Program to reduce greenhouse gas emissions of light-duty vehicles for model years 2017- 2025. This proposal, consistent with the President's request, responds to the country's critical need to address global climate change and to reduce oil consumption. NHTSA is proposing C...
...These standards apply to passenger cars, light-duty trucks, and medium-. duty passenger ve... Credits and Fuel Consumption Improvement Values, Off-cycle Reductions, and Full-size Pickup Trucks... of vehicles that are currently in the marketplace. The agencies' believe there is a wide range o...EPA's test is a fairly simple test, performed while the vehicle is at idl...
..., sale and delivery of 500 railroad hopper cars to Soo Line Railroad Company 2 for the approximat...: $975,970 for the difference between the value of the cars as accepted and their value if built t..., Klingel expressed the opinion that the market value of the railcars as actually constructed was ... opinion, over Magor's objection, that the fair market value of the cars as actually constructed w...
... was in the business of repossessing cars on behalf of financial institutions. Action Motors... because it did not account for the effect market forces and other external factors had on their res... identity of the purchaser, represented the fair market value of the vehicles and, accordingly, the...
WANT TO GO? Good News Mountaineer Garage Used car auction WHEN: 6:30 p.m. today WHERE: Capitol Market, 800 Smith St. INFO: Call 344- 8445 or visit www.goodnewsmountaineergarage.com Used car donations to a nonprofit group that takes, restores, and provides those vehicles to low-income families have slipped slightly in the past few years.
...The garage receives about 100 donated cars every year. About 70 of those cars are redistribut...Donors can write off the fair market value of their newly relinquished cars on t...
... pay taxes for imputed income based on the fair market value of their lodging. Notably, members of...If members must pay taxes to lodge their cars, surely they must pay taxes for their own lodging....
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