Speaker 1: Yea ripped of news, need advice?
Speaker 2: Who you don't have?
Speaker 3: Come running just as fast as you can.
Speaker 4: Shooter's gonna help coming.
Speaker 5: Man Dix is the Troubleshooter Show. No Tom Martine, Hello.
Speaker 4: Tom Martino here, welcome to the show.
Speaker 1: We start off.
Speaker 4: A great week, beautiful weather, just come off of Passion
Speaker 4: week and Easter for those of you of faith and
Speaker 4: also those Catholics mourning and you know, not just Catholics,
Speaker 4: but people morning the passing of Pope Francis. He was
Speaker 4: a good man, good man anyway, there are a lot
Speaker 4: of good men, a lot of good women in this world.
Speaker 4: You know, sometimes we don't acknowledge the goodness and we
Speaker 4: always highlight the bad crap, don't we. So here's what
Speaker 4: I want you to do today, if you can for
Speaker 4: me in addition to your problems, questions and complaints, I
Speaker 4: love feedback. My YouTube morons give me a lot of feedback.
Speaker 4: That's instant feedback because they're watching the you know, the
Speaker 4: the feed, the video feed, video and audio feed, and
Speaker 4: they can chime in instantly so I know what they're thinking. Now.
Speaker 4: You can also do that by texting me, and I
Speaker 4: have a special text number for me which comes right
Speaker 4: to my cell phone.
Speaker 1: And that text number is seven four seven.
Speaker 4: Nine nine nine fifty two eighty seven four seven nine
Speaker 4: nine nine fifty two eighty. Then iHeart has a number,
Speaker 4: a short code. They call it five seven seven thirty nine.
Speaker 4: So either place you can text me five seven seven
Speaker 4: thirty nine or seven four seven nine nine nine fifty
Speaker 4: two eighty. And the way to remember that number, I
Speaker 4: love airplane. That's the big seven forty seven nine nine nine,
Speaker 4: the closest to perfection I could get. You can't go
Speaker 4: ten ten ten so nine nine nine, and then fifty
Speaker 4: to eighty for the beautiful mile High City.
Speaker 1: So who are your heroes? Honest to God, who are
Speaker 1: your heroes?
Speaker 4: Hey? Tom, who do you? Yes? Oxygivity, Doc are you
Speaker 4: at the studio?
Speaker 6: I suggest everybody go home and watch the movie Conclave.
Speaker 6: First of all, it's an incredible movie, but with the
Speaker 6: passing of the Pope, it's even more relevant.
Speaker 1: It's a great movie to watch.
Speaker 4: Well, the movie the Conclave, while out there, the actual
Speaker 4: procedures of the Conclave are pretty accurate. Now obviously what
Speaker 4: goes on in this drama, and I'm not going to
Speaker 4: give it away. You know, it's far fetched, but it
Speaker 4: is a true to life. They say, look at the
Speaker 4: actual conclave and what goes on. So that's pretty enormous,
Speaker 4: you know. I want to say something that well, I
Speaker 4: don't know if I should bring it up. I have
Speaker 4: a cousin who was a second cousin, not that close,
Speaker 4: but I knew him, and he became a priest at
Speaker 4: a very young age, and then a cardinal, and then
Speaker 4: he was in Rome, and he was one of those cardinals.
Speaker 4: And I hate to say this, but he was since
Speaker 4: defrocked and dropped out and started some brand of evangelical
Speaker 4: stuff and I lost touch with him. But and his
Speaker 4: brother was a good friend of mine, more so than him.
Speaker 4: But I remember the stories about Rome, true stories. I
Speaker 4: mean I assume they were true, all right? Three or
Speaker 4: three seven or three two five five? Who are your heroes?
Speaker 4: I'm serious, you know. I mean it's good to have heroes,
Speaker 4: people that you can mentor or that excuse me, that
Speaker 4: can mentor you, or people to talk to people maybe
Speaker 4: not even accessible to you, but someone you look up to.
Speaker 4: So who are your heroes or who do you find
Speaker 4: truly inspirational? And I mean that sincerely. I like to
Speaker 4: do that. You know, because it's been an up, up,
Speaker 4: encouraging week. People seem to be in a good mood
Speaker 4: this past week. The weather's been wonderful. So weigh in
Speaker 4: on that. Benny wants to weigh in on a contractor
Speaker 4: who probably is not his hero.
Speaker 1: Hey, Benny, or what's happening?
Speaker 4: Hey? Come on, how you what's happening me?
Speaker 1: What's going on?
Speaker 4: Benny?
Speaker 7: Not too much. I'm kind of upset, but kind of
Speaker 7: make it through it.
Speaker 1: Tell me what happened.
Speaker 7: I had his contractor referred to me by my cousin contractor.
Speaker 4: And now did your cousin work with this guy before?
Speaker 7: No? No, no, he met him to somebody else.
Speaker 4: Okay, Can I have the name of the contractor?
Speaker 1: Can I have the name of the contractor?
Speaker 4: Yes?
Speaker 7: Let me vote to my death.
Speaker 4: Sure he hired a contractor recommended by his cousin. And
Speaker 4: you're probably gonna hear something. Say that again. Yeah, I'm here,
Speaker 4: say that again?
Speaker 1: Key key as in tom No Keith k E A
Speaker 1: T eight.
Speaker 4: Oh got it, man, Kate, I'm sorry Keith Owens accent So.
Speaker 1: No, no, Keith Owens.
Speaker 4: O W E N S.
Speaker 7: Yeah.
Speaker 4: Okay, So talk to me about him. What did Keith
Speaker 4: do well.
Speaker 7: Anyway, he told him he was a contractor, but he
Speaker 7: didn't show in the papers, and he was doing work
Speaker 7: to my house. He put on the deck and he
Speaker 7: put a roof on.
Speaker 4: Okay, did he put the did he actually finish the deck?
Speaker 4: Did he actually finish the deck?
Speaker 7: Yeah, he finished the deck, but he screwed up. He
Speaker 7: screwed up. He screwed up.
Speaker 4: How did he screw it up?
Speaker 8: He?
Speaker 9: Uh?
Speaker 7: When he put the deck, I mean then molding, he
Speaker 7: didn't finish. He started piecing stuff together, and like the
Speaker 7: poles that you put into the ground, he said he
Speaker 7: couldn't take him up. So he left the old pole
Speaker 7: down and added to it.
Speaker 4: And okay, so he used Now wait a minute, so
Speaker 4: was there a deck there before, Benny.
Speaker 7: Yeah, well he added on to my old deck. That
Speaker 7: was good. But what he did he didn't pull up
Speaker 7: the whole pole that was sticking out followed in a deck.
Speaker 7: He just added on to that and piece it together.
Speaker 4: So when he added on to your old deck, is
Speaker 4: the new deck supported properly?
Speaker 7: Yeah, it's a part of properly. But he didn't I
Speaker 7: don't even know how to explain it. But he didn't
Speaker 7: do a good job to it. He added on like
Speaker 7: like if you put a pole on the ground, and
Speaker 7: he added on to that pole and that pole is
Speaker 7: sticking out fathered in the deck. He left it like that.
Speaker 4: Do you have any pictures?
Speaker 7: Yeah, I have a lot of pictures.
Speaker 4: Can you send us some Yeah, I.
Speaker 7: Can see a lot of pictures.
Speaker 4: Okay, I want to I'm going to put you on
Speaker 4: in a minute here, not yet, but I'm going to
Speaker 4: put you on hold, and I want to Sheena to
Speaker 4: tell you how to send us some pictures. I want
Speaker 4: to take a look at it. Have you had any
Speaker 4: experts look at it?
Speaker 7: Yes?
Speaker 4: I had.
Speaker 7: I had a contract to come out.
Speaker 4: He did it.
Speaker 7: He did a poor job because he did to my roof.
Speaker 7: He put the roof on there and it started leaking
Speaker 7: to my kitchen.
Speaker 4: And so it's a covered deck. It's a covered deck.
Speaker 7: Yes. Then he put a bucket of siller on my roof.
Speaker 7: It looked like it's ghetto.
Speaker 4: And I okay, So so that so that deck is
Speaker 4: leaking into your kitchen because it's not flashed right, or
Speaker 4: it's not attached properly.
Speaker 7: Right and not attached properly.
Speaker 4: Okay, And so what does the contractor say it will
Speaker 4: take to fix it.
Speaker 7: I call him and told him that I was very
Speaker 7: disappointed with his work.
Speaker 4: So he ta, no, no, the contract now the first first,
Speaker 4: the contractor that you had look at it.
Speaker 1: What did he say it would take to fix it?
Speaker 7: Oh, to take between five and ten thousand dollars?
Speaker 4: And how much was the deck supposed to cost you
Speaker 4: from Keith? Thirty nine one hundred, thirty nine hundred was
Speaker 4: going to be the whole thirty nine hundred was supposed to.
Speaker 1: Be the whole job.
Speaker 4: Right, and now it's going to take you another five
Speaker 4: grand to fix it? Yes, gollye, So it's going to
Speaker 4: cost you more than it did in the beginning.
Speaker 7: Right. So I texted Keith back and told him I'm
Speaker 7: disappointed with the job. He take me back. I got
Speaker 7: his text. He takes me back to man. I understand
Speaker 7: what's going through, but I got another disappointment for you.
Speaker 7: I'm doing a job and I won't be able to
Speaker 7: get to you into May.
Speaker 4: But did he say he would did he say he
Speaker 4: would fix it?
Speaker 10: No?
Speaker 4: This other contractor, Benny Benny, this other contractor who said
Speaker 4: it would take five thousand dollars to fix it.
Speaker 1: What did he say he had to do.
Speaker 7: He had to take up everything that he put down.
Speaker 7: He had to take up the whole top and fix
Speaker 7: it right. He got it back up a little bit. Well,
Speaker 7: Keith messed up. He has a so.
Speaker 4: So right now, how did you leave it with Keith?
Speaker 4: Right now? How did you leave it with him? Is
Speaker 4: he gonna? Is he? Did he say he would come
Speaker 4: back and fix it?
Speaker 7: Ke Keith told me in his text I can read
Speaker 7: a text to you.
Speaker 4: Read it?
Speaker 7: Okay, now, I hope I don't shut you off?
Speaker 4: What do you mean? No, No, you won't. Just go ahead?
Speaker 7: Okay, good afternoon? Is sad afternoon? You see another here?
Speaker 7: If it? Hey, Benny, I understand that you're disappointed with
Speaker 7: my work, and you have been very patient. My utmost apologies.
Speaker 7: I know that you are very disappointed, and I'm about
Speaker 7: to hit you with some news that may make you
Speaker 7: even more disappoint it, and I apologize in advance. I
Speaker 7: will not be making it out there today. I will
Speaker 7: make it there are sometimes made. I just got a
Speaker 7: big score and I cannot let it go. My finances
Speaker 7: are not in order to the point where I can
Speaker 7: sacrifice today for you. Like I said before, I am
Speaker 7: very apologetic. As for you threatening me to go to court,
Speaker 7: I completely understand. I will be present to shoot me
Speaker 7: the court date, but if you can be even more patient,
Speaker 7: I would be out there some time to make I
Speaker 7: updated you the exact date and time as soon as possible,
Speaker 7: every blessed day.
Speaker 4: Okay, hold on, I'm going to come back with a
Speaker 4: comment on that, and more coming up. I'm Tom Martino.
Speaker 4: What do you think about that? At least there's communication.
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Speaker 4: be blown away by. It, okay so this contractor issue
Speaker 4: the good news, Now Ben, Benny i'm not saying the
Speaker 4: guy's a good. Guy but What i'm saying is the
Speaker 4: good news is he's in. Communication WHAT i think you
Speaker 4: need to, do, though is truly document the deficiencies so
Speaker 4: you can be ready to.
Speaker 1: POUNCE i THINK i THINK i.
Speaker 4: WOULDN'T i would give him the benefit of correcting, it
Speaker 4: AND i would keep these, communications do not get rid of,
Speaker 4: them and keep.
Speaker 1: Notes BUT i think if he.
Speaker 4: Says After, may if that's too long for you to,
Speaker 4: WAIT i, understand BUT i would be inclined to wait,
Speaker 4: patiently but stay in communication with, him saying giving him
Speaker 4: a list of what's, wrong and if you have to
Speaker 4: have another contractor come, out do. It but just remember
Speaker 4: this too many times when we have jobs, evaluated we
Speaker 4: have them evaluated to a higher standard than we hired
Speaker 4: to begin. With sometimes we hire someone to do a,
Speaker 4: job they do it on a, budget they do it,
Speaker 4: cheap and they are going to do it a certain,
Speaker 4: way and we're accepting that. Way but then when we
Speaker 4: have it reevaluated by someone, else they reevaluate it to. Perfection,
Speaker 4: now if you contracted for perfection to begin, with it
Speaker 4: should be evaluated to. Perfection but if you did not
Speaker 4: contract for, perfection your price did not reflect. Perfection then
Speaker 4: the person who reevaluates that should keep that in. Mind
Speaker 4: did you get what you paid for is the big. Question,
Speaker 4: now if perfection or non perfection is not discussed in
Speaker 4: a home, job then what you do is go buy
Speaker 4: the standards of the industry for that particular. Job for,
Speaker 4: example if you take someone to court and there is
Speaker 4: no actual discussion of, quality you can assume one it
Speaker 4: will pass building. Codes two it will be the standard
Speaker 4: of the, industry not super, high not super, low but
Speaker 4: what would be considered a standard for the. Industry and
Speaker 4: number three that the materials used would also be a
Speaker 4: standard of the.
Speaker 1: Industry many TIMES i have this.
Speaker 4: Happen someone contracted to have a basement, refinished and let's
Speaker 4: say they contracted it for fifteen, grand bare bones. Refinishing
Speaker 4: they don't like the, job they call in another kindtor
Speaker 4: and mister perfect contractor comes in with the benefit of
Speaker 4: twenty twenty, hindsight and he, says, WELL i would have done,
Speaker 4: this AND i would have done, that AND i would
Speaker 4: have done, this AND i would have done. That then
Speaker 4: you ask him what would you have charged for this?
Speaker 4: Job not knowing this, guy what would you have? Charged he,
Speaker 4: said this is a forty five thousand dollars. Job yet
Speaker 4: the guy before him bid fifteen, Grand so you can
Speaker 4: only hold that guy before him to a fifteen thousand dollars.
Speaker 4: STANDARD i hope that makes. Sense but what we're going
Speaker 4: to do is get pictures of this and then we're
Speaker 4: going to work with you on trying to get some.
Speaker 4: Satisfaction we won't forget. This we will market. Pending so
Speaker 4: when you, CALL i look for this case AND i
Speaker 4: take care of. It and so WHAT i would like
Speaker 4: you to do is work With Deputy. Doc, now dot
Speaker 4: not going to do anything right. Now we're simply going
Speaker 4: to gather some picks and we're going to stay in
Speaker 4: touch with his contractor to see what he, does and
Speaker 4: then we'll take action as we need. To But, doc
Speaker 4: keep this in a pending, file so you AND i
Speaker 4: both have. It i'm going to keep it as, well
Speaker 4: so when he calls, back you know we can we
Speaker 4: can pick it. Up three oh three seven one three
Speaker 4: eight two five. Five, tyler you have a problem With.
Speaker 4: Tesla is This tesla the car Or tesla the solar? System,
Speaker 4: tyler it would be the, Car, Tom, okay we very
Speaker 4: seldom get complaints About.
Speaker 1: Tesla what's going?
Speaker 10: On so it's actually not the car. Itself the car is.
Speaker 10: Great what kind of.
Speaker 1: Car what kind of car do you?
Speaker 7: Have it's a twenty Fifteen.
Speaker 4: Tesla models a fifteen two oh one five? Correct, okay
Speaker 4: did you? New?
Speaker 10: NO i bought it.
Speaker 1: Used when did you buy?
Speaker 4: It?
Speaker 10: Uh may of last, year So may of twenty twenty, four.
Speaker 1: Okay and tell me about.
Speaker 10: It so, Yeah LIKE i, said the car is. GREAT
Speaker 10: i haven't had any issues with the. Car it was
Speaker 10: actually THE ev credits that pose the problem during tax, time.
Speaker 7: The, DEMS i.
Speaker 4: DON'T i don't know do you Get do you get
Speaker 4: THAT ev credit when you buy?
Speaker 1: USED i thought it was only for New?
Speaker 10: Yeah, No so there's a four thousand dollars USED ev
Speaker 10: tax credit if you don't break an income threshold and
Speaker 10: the car Is, uh there's a limit on how old
Speaker 10: the car has to, be AND i think a mileage thing.
Speaker 10: Too but you can go on to THE irs website
Speaker 10: and type in YOUR vin and it'll tell you if
Speaker 10: the car is, eligible which mine.
Speaker 1: Is, Okay so what's the problem?
Speaker 10: Now SO i went to. APPLY i went to do my,
Speaker 10: taxes and federal taxes kept getting kicked back saying that
Speaker 10: the car wasn't matching any. Records looking into it a
Speaker 10: little bit, MORE i found that you had to the
Speaker 10: dealer that you bought it from had to register that
Speaker 10: it was AN ev sale with a time of sale
Speaker 10: within three days of the, purchase which didn't. Occur now
Speaker 10: the government went ahead and went and changed.
Speaker 1: Something, well tell me.
Speaker 4: What would happen if you bought it from a private.
Speaker 4: Owner what would have happened if you bought it from
Speaker 4: a private? Owner you.
Speaker 7: Can't you can't do A.
Speaker 10: I don't believe you can do the tax credit from
Speaker 10: a private.
Speaker 7: Owner it has to be.
Speaker 4: So you're telling me that the dealer you bought it,
Speaker 4: from who is the Dealer.
Speaker 10: Victory motors Of colorado.
Speaker 4: And Victory motors was supposed to register.
Speaker 10: Something, yeah they have to do what's called a time
Speaker 10: of sale report within three.
Speaker 7: Days and they.
Speaker 4: Didn't, okay and.
Speaker 10: The government came out. Sorry and then the government came
Speaker 10: out and, said you can do it late because it
Speaker 10: was something that wasn't a lot of dealers weren't aware.
Speaker 10: Of so you're able to do a time of sale
Speaker 10: late now so that people can still get their credits
Speaker 10: in case the dealer did miss that. Window the problem
Speaker 10: was the dealer offered this as an option and then
Speaker 10: worked with me to try and resolve, it and then
Speaker 10: when they were unable to resolve, it the issue was
Speaker 10: they actually weren't even. Registered whatever registration the dealership has
Speaker 10: to do wasn't done until two months. Later so they
Speaker 10: wouldn't even been able to do the time of sale
Speaker 10: report anyway within those three days because they weren't registered
Speaker 10: to do.
Speaker 4: So but couldn't they do it afterward in the grace.
Speaker 10: Period, NO i guess, not because since they weren't registered
Speaker 10: as a dealer of selling this eav with this credit
Speaker 10: of you know or whatever it, is you, know whatever
Speaker 10: dealership stuff they have to deal, with they weren't. Allowed
Speaker 10: they didn't do it until two months. Later and so
Speaker 10: now the government's not allowing them to go back into
Speaker 10: a time of sale report because they didn't have the
Speaker 10: certification to even do it in the first.
Speaker 4: Place, okay hold, ON i never HEARD i never heard
Speaker 4: of this. Certification and but but but Then i'm, wondering, Though,
Speaker 4: listen if they sold you a, car those further assumptions
Speaker 4: about tax credits AND eb, credits unless they represented them to,
Speaker 4: You i'm not sure you can keep them or that
Speaker 4: you can hold them accountable for. That because you have
Speaker 4: two things going. On, here you have the car and the,
Speaker 4: sale and then you have the extra. Benefits did they
Speaker 4: tout those extra benefits or add advertise them when you
Speaker 4: were buying.
Speaker 10: It, yes they advertised, it AND i actually still have.
Speaker 10: That it shows that THE ev credit would be. Available
Speaker 10: and then at the time of, PURCHASE i asked if
Speaker 10: it was going to be able to be applied because
Speaker 10: dealers can choose to either apply it to the purchase
Speaker 10: or if they can choose not, to and then you
Speaker 10: apply for it at tax. Time they didn't want me
Speaker 10: to apply it to the price of the, car SO
Speaker 10: i Figured i'd wait till tax.
Speaker 7: Time but, NO i.
Speaker 4: Want to know what do you have hold. On let's
Speaker 4: get right to the heart of the. Matter IF i
Speaker 4: sell AN ev And i'm not an accredited, dealer according to,
Speaker 4: you you don't get to claim the tax. Credit What
Speaker 4: i'm saying to you is unless that was part of the.
Speaker 4: Sale you did buy a car and they sold it
Speaker 4: to you and they didn't cheat. You so what specifically
Speaker 4: did they? Say how much would this credit have?
Speaker 10: Been it would have been four, thousand and it was
Speaker 10: part of the REASON.
Speaker 8: I bought the car.
Speaker 7: ITSELF i would have looked.
Speaker 10: Elsewhere you, know for other evs and. Stuff IF i,
Speaker 10: KNEW i could have knew that that.
Speaker 1: Did they put? It did they put it on the?
Speaker 4: Contract where is it written that they promised you THESE ev?
Speaker 4: Credits because here's WHAT i have found out on the.
Speaker 4: Website it's it's a used Clean vehicle tax. Credit it's
Speaker 4: a federal used clean vehicle tax credit up to four
Speaker 4: grand or thirty percent of the sale, price whichever is
Speaker 4: less yours would have.
Speaker 10: Been how much it would have been the four thousand
Speaker 10: the car was twenty five.
Speaker 4: Roughly now listen to, this this used ELECTRIC ev. Credit
Speaker 4: in order to get, it it must be purchased from
Speaker 4: a state licensed AN irs registered. Dealer this registration is
Speaker 4: essential for the dealer in order to send a time
Speaker 4: of sale. Report, now if the dealer isn't registered or
Speaker 4: fails to submit the necessary, report you won't be able
Speaker 4: to claim the, credit even if the vehicle meets all other. Criteria,
Speaker 4: additionally if you wish to transfer the credit at the
Speaker 4: point of sale to reduce the purchase, price the dealer
Speaker 4: must also be. Registered so you're out of luck. Here
Speaker 4: now we have. Done now is this a breach of
Speaker 4: contract or? NOT i, mean feel free to chime in
Speaker 4: any of.
Speaker 11: You, well you, KNOW i was going to Ask, tyler
Speaker 11: what what written evidence do you have to support the
Speaker 11: position that they promised that dealer made this.
Speaker 1: Promise that's WHAT i keep.
Speaker 4: Asking is there anything you've got in? Writing it sounds
Speaker 4: Like tyler has something in? Writing what do you have in?
Speaker 4: Writing so in?
Speaker 10: WRITING i haven't looked at my. KEY i just got
Speaker 10: through figuring some of this out this past, weekend SO
Speaker 10: i haven't pulled out my contract with the car.
Speaker 4: Yet, man four, grand there's a lot of.
Speaker 10: Money, yeah BUT i have the fact that they offered
Speaker 10: it as something that would help me buy the.
Speaker 3: Car.
Speaker 10: Right it was a basically false advertisement that you, know
Speaker 10: if you buy this, car you'll get four thousand dollars.
Speaker 10: CREDIT i have follow up emails if they.
Speaker 4: Did wait wait, wait if they did advertise, it did
Speaker 4: they advertise four thousand dollars tax? Credit what did they?
Speaker 4: ADD i mean to know what you relied? On what
Speaker 4: did you rely?
Speaker 10: On so their, website WHICH i still have that you
Speaker 10: could still look it, up shows that the car is
Speaker 10: eligible for the four thousand dollars tax, credit and it.
Speaker 1: Was how does it show? It how does it show.
Speaker 7: IT i could pull it up real.
Speaker 10: Quick it says four thousand dollars tax credit.
Speaker 1: Available oh really Really right.
Speaker 10: Underneath the, name so it says right, now it says
Speaker 10: twenty Fifteen tesla model S p eighty five. D it
Speaker 10: shows it, sold so it says sold on their website right.
Speaker 4: Underneath hold, ON i got some ideas for you hanging.
Speaker 1: ON i want you to send that to. Us I'm Tom.
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Speaker 4: to list your home With Remax alliance three oh three
Speaker 4: nine two zero sixteen twenty. Two I'm Tom. Martino you're
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Speaker 4: and now the one with the. Tesla was he sending?
Speaker 4: Us did he did he send us the? Ad?
Speaker 1: Kachina hold, On i'm, tech did you send us right?
Speaker 12: Now i'm sending it to you right.
Speaker 4: Now, okay, Good Then i'm going to go to our next.
Speaker 4: Call austin's been waiting a. While austin tell me what's
Speaker 4: going on with? You And i'm going to get to
Speaker 4: all of your, calls so please hang, On, austin what's going?
Speaker 7: On, hey? Studio how you doing this?
Speaker 13: MORNING i guess it's morning for. Y'all i'm out In.
Speaker 3: Georgia so you're out In.
Speaker 4: Georgia, well, welcome welcome From. GEORGIA i have some friends
Speaker 4: out In. Georgia what part Of? Georgia are you?
Speaker 13: In Southeast, Kingsland.
Speaker 4: Georga, okay so, listen what's going On.
Speaker 13: Austin so my son is out In Colorado. Springs he's
Speaker 13: making a go of. It he's. Nineteen so we sent
Speaker 13: him to his car that he currently has is getting
Speaker 13: some transmission. Issues so are, like you, know let's head this.
Speaker 7: Off before it comes a big problem go.
Speaker 13: Down we'll co sign for a. Car we send him
Speaker 13: To Phill Long hyundai In Colorado. Springs we did all
Speaker 13: the paperwork done up and it takes over a. Week
Speaker 13: Which i've bought quite a few. Cars i've never had
Speaker 13: a car take a week to do all.
Speaker 4: The NO i never HEARD i never did, either But,
Speaker 4: austin this was In this was a Phill Long Fill
Speaker 4: long In Colorado. Springs, yes, sir and it's a used.
Speaker 7: Car, yes twenty.
Speaker 4: Fifteen, Okay, now did did your son arrange to have
Speaker 4: that checked out by one of our trusted.
Speaker 13: Mechanics you know they gave him a clean bill and
Speaker 13: we were going to have it towed off the.
Speaker 4: Line, no, no, no, NO i guarantee. YOU i guarantee
Speaker 4: you if it was. Used they did not give him
Speaker 4: a clean. Bill when you say a clean, bill was
Speaker 4: it as?
Speaker 7: Is, yes.
Speaker 4: That's not a clean. Bill that's exactly the, opposite, Right
Speaker 4: so keep. Going so it takes a.
Speaker 13: Week one night he gets to go pick it, Up
Speaker 13: he gets, it he gets on the, interstate and twenty
Speaker 13: minutes later the motor blows.
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Speaker 4: three three nine two zero sixteen twenty. Two Hi Tom,
Speaker 4: martine you're. Troubleshooter, LISTEN i got two problems, pending And
Speaker 4: i'm going to take both of. Them first of, All,
Speaker 4: tyler you know we're working on that behind the. Scenes
Speaker 4: he bought a car from a dealer that was not
Speaker 4: registered to sell used. Evs if you're not registered to
Speaker 4: use v, evs then the customer cannot claim the available tax.
Speaker 4: Credits we'll talk about that on the other side of the. News, Now,
Speaker 4: austin your issue with. Service here's WHAT i need to.
Speaker 4: Know your nineteen year old bought From Phil long on
Speaker 4: twenty FIFTEEN vw golf as is twenty. Minutes twenty minutes
Speaker 4: after he picked it, up the engine blew. Up, NORMALLY
Speaker 4: i say as is whereas tough. Crap but we got
Speaker 4: to explore this twenty minutes because that reeks of a
Speaker 4: pre existing condition And i'm wondering if they held it
Speaker 4: or lied or covered it.
Speaker 1: Up so hang on for that.
Speaker 4: Too more coming up plus your calls at three oh Three,
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Speaker 4: Content time for an insurance check up, free no obligation
Speaker 4: comparison Call Compass insurance paying too much your coverage at
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Speaker 4: seven seven to one. Help you'll think you're his only
Speaker 4: customer when you Choose frank durand the real Estate man
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Speaker 4: oh three nine two zero sixteen twenty two. Ripped you
Speaker 4: need that so you don't have.
Speaker 1: Run anxiousness as we can.
Speaker 14: Shoot that's gonna.
Speaker 4: Help.
Speaker 1: Come this is it's The Troubleshooter.
Speaker 5: Show No Tom, Martino.
Speaker 1: Hello Tom martino, Here welcome to the.
Speaker 4: Show three oh three seven to one three talk seven
Speaker 4: one three eight two five. Five what's happening in your?
Speaker 4: Life we want to know that because we're here to.
Speaker 4: Help so that's what we're gonna. Do we're gonna help,
Speaker 4: you and all you have to do is. Call we
Speaker 4: have some pending.
Speaker 1: Problems right now which are very very.
Speaker 4: Important we have one where a guy clearly bought A
Speaker 4: tesla advertised as having a four thousand dollars tax credit.
Speaker 4: Available it was never available on this car through this
Speaker 4: dealer and never could have been because the dealer was not.
Speaker 4: REGISTERED i never knew, this but on used evs you
Speaker 4: can get an energy saving tax credit even though it's not,
Speaker 4: new if you qualify income. Based but the dealer who
Speaker 4: sells it be registered and qualified to sell it in
Speaker 4: order to file the date of, sale and without the
Speaker 4: filing of the date of, sale you get no tax.
Speaker 4: Credit and it's only available through registered. Dealers this dealer
Speaker 4: was not and is not, registered so tyler is out four.
Speaker 4: GRAND i, Mean i'd be pissed IF i was intending to.
Speaker 1: Get a four thousand dollars tax.
Speaker 4: Credit and then they, say, oh too, bad so sad
Speaker 4: it's false.
Speaker 1: ADVERTISING i don't care what they.
Speaker 15: SAY i am looking at their advertisement and it says
Speaker 15: four thousand dollars REBATE ev rebate, available.
Speaker 4: And i'm going to put it up on YouTube for
Speaker 4: my morons to, see and even, those even the, morons
Speaker 4: we'll be able to.
Speaker 1: See then right, now.
Speaker 15: Ironically they have a twenty Eighteen model three there and
Speaker 15: right where the tax credit lingo on the, one and
Speaker 15: this poor guy bought it's, gone so apparently it's definitely
Speaker 15: been brought to their, attention their.
Speaker 4: Morons so why did they did they do it by,
Speaker 4: mistake and if, so are they going to do anything about?
Speaker 16: It?
Speaker 1: Yeah in, FACT i thought, That i'm.
Speaker 15: Sorry i'm, Sorry, TOM i take that back about, them
Speaker 15: and that was my. Opinion BUT i thought the guy
Speaker 15: was saying AND i didn't actually hear. IT i thought
Speaker 15: you were telling me that off air that they refused
Speaker 15: to do.
Speaker 1: Anything, well, actually let's ask. THEM i mean that's WHAT
Speaker 1: i was under the.
Speaker 4: Impression what did the dealers say they would do for?
Speaker 17: You?
Speaker 10: Tyler, Hey, tom thanks for looking into. That yet at
Speaker 10: this moment they're unwilling to do. Anything, Jordan, hello.
Speaker 4: He got cut. Off, yeah that lose, you.
Speaker 1: Bro, yeah they're trying to get them back.
Speaker 4: UP i have it up, insane, LISTEN i have it
Speaker 4: up ON i have it up on YouTube for my
Speaker 4: morons to. See it Says Victory. Motors and then that's
Speaker 4: the website with the phone number twenty Fifteen tesla model
Speaker 4: S what IS p eighty FIVE D is that the
Speaker 4: designation they used to?
Speaker 15: Have yeah for, yeah just for that particular. Models but
Speaker 15: here's the. Problem what you put up doesn't show.
Speaker 4: It it's up at the.
Speaker 15: TOP i don't see it on the. YouTube they're going
Speaker 15: to be like what are you talking.
Speaker 4: About, well it's going to be there BECAUSE i just
Speaker 4: put it. Up it's got to be there BECAUSE i see.
Speaker 1: It i'm, Sorry i'm not. Looking i'm not looking at the.
Speaker 4: Top that my.
Speaker 1: BAD i see.
Speaker 15: It it's plain as, day twenty Fifteen MODEL s four
Speaker 15: thousand tax credit, Available.
Speaker 1: Tyler do you were trying to get them?
Speaker 7: On, yeah, Hey i'm. HERE i think you.
Speaker 4: Were, saying we got. You you went back to the
Speaker 4: dealer and you, said, HEY i can't get my four
Speaker 4: thousand dollars. Credit and what did they? Say too? Bad
Speaker 4: what did they actually, say be, honest straight? Up what
Speaker 4: did they, Say.
Speaker 10: OH i have Tex, YES i have text messages from
Speaker 10: the sales. Manager he tried. Everything he tried to input
Speaker 10: it multiple times through THE irs system that they can
Speaker 10: use because now they are registered to do. This but
Speaker 10: it didn't come for two months, later and so when
Speaker 10: he exhausted all his, options his boss gave us a
Speaker 10: call and then just, said, unfortunately our hands are. Tied
Speaker 10: we can't do.
Speaker 1: Anything, yeah let's blow them up right. Now so let's
Speaker 1: just blow them.
Speaker 15: Up let's have everybody, listening and everybody on YouTube and
Speaker 15: everybody in the, world please call these people and ask
Speaker 15: him very, nicely why are they doing false advertisement claiming
Speaker 15: this guy gets a four thousand dollars tax. Credit now
Speaker 15: their tail is between their legs and they won't do.
Speaker 15: Anything and this guy's own four, grand but do it nicely.
Speaker 1: Please seven to zero is their.
Speaker 4: Number seven to zero three four zero forty two ninety.
Speaker 4: Two they owe him four. Grand in my, mind seven
Speaker 4: to zero three four zero four two nine. Two do
Speaker 4: you see him losing in small claims?
Speaker 15: COURT i cannot imagine why he would lose with this
Speaker 15: advertisement from their. Website thank god he's got. This AND
Speaker 15: i wonder if they're. LYING i truly do wonder if
Speaker 15: they're lying about being able to do it, now because
Speaker 15: on their, website LIKE i, said there's a twenty Eighteen
Speaker 15: model three that does not show the tax rebate information
Speaker 15: like his. Did so why wouldn't they have it up?
Speaker 8: There?
Speaker 1: NOW i have no. Idea, kelly did we try to
Speaker 1: get these guys?
Speaker 17: On?
Speaker 4: Yes she?
Speaker 1: DID i heard her, Right.
Speaker 12: Kelly i'm SORRY i Didn't. HEARY i was on the.
Speaker 4: Phone what? Happened what did the dealer say when you
Speaker 4: tried to get them?
Speaker 3: On?
Speaker 18: Oh, Okay SO i talked to the sales manager That
Speaker 18: tyler And sabrina work.
Speaker 12: With his Name's.
Speaker 18: Jordan he was a very affable, gentleman and he reached
Speaker 18: out HIS gm who was unavailable to come.
Speaker 4: On, yeah that means tail between my. Opinion, well, okay
Speaker 4: he says. Unavailable did he say when he might be?
Speaker 18: Available he was very very nice about, it and he
Speaker 18: took our number down and said that he would call, if,
Speaker 18: okay he could get back to.
Speaker 1: Us so let's put Hot.
Speaker 4: Tyler, tyler you need to do a small. Claim mark
Speaker 4: explained to him the. Procedure, well there's.
Speaker 1: Not much to, it.
Speaker 15: MAN i can send you the information and give you
Speaker 15: some basics on, it just basically how to fill out the.
Speaker 15: PAPERWORK i can't give you legal, advice but the bottom
Speaker 15: line is you consume him for the first, allis And
Speaker 15: i'd go a little above that and basically i'd go
Speaker 15: get him. SERVED i do not see you winning, this all,
Speaker 15: Right i'm. SORRY i do not see you losing. This
Speaker 15: and that even makes me more upset about victory. Motors
Speaker 15: they're playing here for a, fool if you ask, Me
Speaker 15: BECAUSE i can't imagine a judge or a magistrate that
Speaker 15: would look at this and then, say, well too, bad
Speaker 15: so sad you can't do. It it's like it's like saying buy,
Speaker 15: one get one free dinner At apple, bam and is
Speaker 15: show up and buy what they charge you for?
Speaker 4: You where is This victory Located? Longmont are they In?
Speaker 4: LONGMONT i think they got multiple? Locations? Mark? Mark this
Speaker 4: actual one Of victory motors Of colorado's And. Longmont is
Speaker 4: it amazing how many bad dealers there are In longmont
Speaker 4: and Then Weld county in, general But longmond, Especially, Mark
Speaker 4: really you can attest to. This we get complain more
Speaker 4: complaints Of longmond dealerships than all Of.
Speaker 15: DENVER i just can't believe these people are. Burying they're
Speaker 15: hitting the sand over.
Speaker 1: This this is.
Speaker 15: So obviously their mistake one, percent and instead of just
Speaker 15: shutting up and paying, up they're gonna fight it and
Speaker 15: get bad press over, it people calling them because what
Speaker 15: they think this guy's gonna go away and just take.
Speaker 1: It you can you can see this on.
Speaker 4: YouTube i'm gonna take it down in a second here
Speaker 4: Because i'm gonna go on to another. Problem but on
Speaker 4: YouTube you can clearly see the. Ad i'm getting comments
Speaker 4: from my YouTube morons and they can clearly see. It
Speaker 4: even the morons they are realize that this was a promise,
Speaker 4: made fraud in the.
Speaker 1: Inducement so there you.
Speaker 4: Go, Anyway longmont Is Boulder, County i'm, told Not Weld.
Speaker 4: County All i'm saying is This Weld, County, Greely longmont
Speaker 4: the worst dealers in. History longmont's number. One Then Weld, County.
Speaker 4: Greeley greeley And Well county overlap, obviously and If longmont
Speaker 4: Is Boulder, county so be. It it's still a terrible
Speaker 4: place to buy. Cars AND i don't think we've ever
Speaker 4: found a good dealer In. Longmont. Ever it's almost like
Speaker 4: there's this little closed boys club, here, like let's go
Speaker 4: To longmont and screw.
Speaker 1: People, austin.
Speaker 4: Your nineteen year old son bought a, car and what
Speaker 4: really bothers? Me twenty minutes after they picked it, Up
Speaker 4: are you?
Speaker 13: Exaggerating, no, no, no that's what the general manager told
Speaker 13: me while he has a report in his. Hand he
Speaker 13: said he ran it up to eighty seven mile an.
Speaker 13: Hour AND i, said, well that's. FINE i don't know
Speaker 13: if you've ever driven In Colorado, springs but if you're
Speaker 13: on if you're on the, air state you gotta be
Speaker 13: going at least eighty.
Speaker 3: Five you're going To so is.
Speaker 4: He Blaming wait a, minute he's blaming your son for blowing.
Speaker 13: The engine, Yep and they, well let's talk about.
Speaker 4: This wait a, Minute wait a, minute it could be over.
Speaker 4: REVVING i don't know about this. CAR i know nothing about.
Speaker 4: It how many miles were on? It?
Speaker 13: Who i'd have to. Look but they did have a
Speaker 13: deal on the code that said he ran it up
Speaker 13: to forty seven hundred. Rpm AND i looked at everything
Speaker 13: online and it says that car doesn't shift until forty
Speaker 13: eight to forty nine thousand, Rpm and it does have.
Speaker 4: A, yeah but that doesn't mean.
Speaker 1: It but hold, on hold.
Speaker 4: On if he ran it up too, quickly it can
Speaker 4: it can break. It it. CAN i don't know how
Speaker 4: he was using. IT i don't, know and you truly don't.
Speaker 4: Know in, fact, no you don't even know how many
Speaker 4: miles were on. It that's, critical how many miles were
Speaker 4: on this, car because the more miles on the, car
Speaker 4: the less culpable they.
Speaker 1: Are, right what kind of car?
Speaker 4: Is?
Speaker 1: So how many? Miles how many? Miles bro tell, Me.
Speaker 7: I'd have to. LOOK i don't.
Speaker 13: KNOW i think it was, like one hundred and twenty
Speaker 13: not a lot for A.
Speaker 4: Vw, well what, no if that's a ton, see see
Speaker 4: you're under the wrong. Impression those little engines are toast
Speaker 4: at about ninety thousand. Miles SO i don't even know
Speaker 4: what you're saying when you say a lot for A.
Speaker 4: Vw it's an extraordinary amount for A. Vw. Extraordinary you.
Speaker 4: Know VW's are. CRAP i don't know if people got the,
Speaker 4: telegram but they're. Crap they're good in the first few you,
Speaker 4: know in the first dozen, MILES i, mean, okay let's
Speaker 4: say up to forty thousand. Miles they're they're not made for.
Speaker 4: Longevity so SO i don't know what you mean that
Speaker 4: one hundred and twenty thousand miles not a lot for A.
Speaker 4: Vw it's not a lot for A toyota in.
Speaker 7: Fifty what's? THAT i had A vw.
Speaker 13: Pisade they went to two.
Speaker 4: Fifty, okay let me ask you something about YOUR. Vw hold,
Speaker 4: on when did you buy that? Pasade did you it?
Speaker 4: NEW i, did, okay and.
Speaker 19: You took care of it from new twenty some years, Ago.
Speaker 4: Austin it was twenty something years. Ago that was a
Speaker 4: whole different. Company first of, all they were even owned
Speaker 4: by different. People Number, two you took care of it from.
Speaker 4: New you didn't inherit it with one hundred and ten
Speaker 4: thousand miles on it or one hundred and twenty thousand
Speaker 4: miles on. It so to assume that because you bought
Speaker 4: a new one twenty years ago and took care of,
Speaker 4: it and your sun buy is one now with one
Speaker 4: hundred and twenty thousand miles on. It you want to
Speaker 4: know what people do with twenty FIFTEEN vw golfs when
Speaker 4: they buy, them they run the living crap out of.
Speaker 4: Them these little jab well this is A german, car
Speaker 4: but these Little German japanese, cars the kids that buy
Speaker 4: them run the living crap out of. Them and the
Speaker 4: fact that he never ever even had it checked out
Speaker 4: put some culpability on his. Shoulders i'm not saying he's
Speaker 4: allowed to be, cheated of course he's. Not did they
Speaker 4: lie to? Him did they hide? Something did they cover it?
Speaker 6: Up?
Speaker 4: Austin this is what we're going to be looking. For,
Speaker 4: first did they misrepresent the? Vehicle and can you prove it?
Speaker 4: Too did they cover anything up on the? Vehicle?
Speaker 1: THREE i don't know did they?
Speaker 4: Know did they know about it and and somehow lie
Speaker 4: to him about?
Speaker 1: IT i don't.
Speaker 4: Know so your SON i would like to be talking
Speaker 4: to more than. Anyone is he, Available, well i'd have
Speaker 4: to get.
Speaker 13: Him he's in he's at work In.
Speaker 1: Colorado i'd also like to know, this what year is that?
Speaker 1: Thing twenty?
Speaker 15: Twenty If kevin hen say that on a, fifteen you
Speaker 15: can tell how highway WAS?
Speaker 1: Revv did they just say? That or how do we?
Speaker 1: Know that's? Even, no it.
Speaker 4: Was it's in the, computer, Mark that's What i'm.
Speaker 1: SAYING i didn't even realize.
Speaker 13: That oh, yeah it'll be in the. Computer, okay WHAT
Speaker 13: i want to? Know and we're gonna get, it so
Speaker 13: we let me finish the. Story this makes it even
Speaker 13: worse is the fact that after it broke, down we
Speaker 13: call the. Dealership they, say, okay have it towed?
Speaker 4: In?
Speaker 13: OKAY i, say well you. Don't you're not going to
Speaker 13: tow it back. IN i mean we've had it for twenty.
Speaker 13: Minutes they, said, no you're going to have to pay for.
Speaker 13: It so they get their toe.
Speaker 7: Guy we pay for.
Speaker 13: It they towed it to the wrong. Dealership they're toe
Speaker 13: person towed it to the wrong. Dealership so we paid
Speaker 13: for that one toe and then the next morning they, say,
Speaker 13: oh well it's up to the wrong. Dealership you're gonna
Speaker 13: have to pay for it to get it towed to
Speaker 13: the right. Dealership so we.
Speaker 15: Do guess you know, WHAT i don't care if the
Speaker 15: kid did rev it a little hard, time my, god
Speaker 15: twenty minutes and now they make them pay for two.
Speaker 15: Toes it's kind of.
Speaker 4: Crazy, well, no, no, no, No, Mark, MARK i get.
Speaker 4: It But, mark truly, though if you have A volkswagen
Speaker 4: that's been not taken care, of and you got one
Speaker 4: hundred and twenty thousand miles on, it and you take
Speaker 4: it out and you do over rev, it that could
Speaker 4: be a.
Speaker 1: CAUSE i, mean we got.
Speaker 4: A fit with kevinar.
Speaker 1: Chaff let's Get kevin Or chaff on to talk about, this.
Speaker 4: Okay THREE o three seven one three talk seven and
Speaker 4: THREE a two five. Five for some, Reason i'm getting
Speaker 4: a report from my morons that they can't hear anybody
Speaker 4: but me on, there And i'm showing everything. Normal and,
Speaker 4: again don't make fun of, Me, MARK i didn't touch a.
Speaker 1: Thing THREE o three seven one three eight two five.
Speaker 4: Five. Okay so we have more coming up on the troubleshooter.
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Speaker 4: three oh three nine two zero sixteen twenty. Two Hey
Speaker 4: Tom martino here THREE o three seven one three talk
Speaker 4: seven one three eight two five. Five all, Right, wait
Speaker 4: have a real lunder.
Speaker 15: HERE i think, UH i Think victory is going to
Speaker 15: write this guy a check for four. GRAND i just
Speaker 15: have that. Idea why is? That, well let's Ask Kelly.
Speaker 15: Kelly what did the owners?
Speaker 16: Say kelly is currently busy with another caller and can't
Speaker 16: come to the phone right.
Speaker 4: Now, okay, Okay kelly cannot.
Speaker 12: Come To, Okay i'm, Sorry i'm, Here i'm, Sorry i'm.
Speaker 12: HERE i put in one. Hold, YES i just spoke
Speaker 12: with THE gm Of Victory motors and he, is.
Speaker 18: Once, Again i'm going to use this adjective, affable and
Speaker 18: he is going to Call tyler And sabrina and work it.
Speaker 4: Out, Okay so do you really? Believe? Now that's good,
Speaker 4: Though that's, excellent AS i WOULDN'T i if who was the?
Speaker 1: Caller what was his?
Speaker 15: Name, Yeah, tyyler if you're, LISTENING i wouldn't take anything
Speaker 15: less than the fore grand no matter, what because this
Speaker 15: is cut and dry in my opinion in small.
Speaker 4: Claims, yeah, Yeah, Now, mark if they don't do, it
Speaker 4: what homophone phone would you use for?
Speaker 1: AFFABLE i would, say like to Test mar's.
Speaker 4: Diction SO i would say, homophone go, Ahead, no what homophone,
Speaker 4: phone would you? Homophone would you use for affable if
Speaker 4: they don't come? THROUGH i would say, Pleasant, no a
Speaker 4: homophone a?
Speaker 15: Homophone, yeah he's looking at a mark break break versus.
Speaker 1: BREAK i get. It, yeah you're. RIGHT i didn't know
Speaker 1: what a homophone. Was not is, correct but the homophone
Speaker 1: would be not.
Speaker 15: Affable but, yes, No i'm gonna go, no, no, no
Speaker 15: you're wrong. Myself, no, no, no you're one hundred percent, Wrong.
Speaker 15: THOMAS a homophone example would Be boulder Versus boulder or
Speaker 15: canyon Versus.
Speaker 4: No that is that is another. Site that is another.
Speaker 4: Example but it just has to sound. Alike and and.
Speaker 15: Your, Rhyme oh my, GOD i can't Believe i'm arguing
Speaker 15: with your enact can be a? Homophone that can be a?
Speaker 15: Homophone so red and yellow are therefore a.
Speaker 4: Homophone, no but, no but red and Red, no red
Speaker 4: and red are. Homophones you're, right that's.
Speaker 1: Right three h.
Speaker 4: Three oh wait wait we got a comment OR jr
Speaker 4: on R on On.
Speaker 1: Tesla go, AHEAD. Jr what is your comment.
Speaker 7: About?
Speaker 16: Mark one thing you missed about The tesla rebate for
Speaker 16: the used? Car was it that the car is has
Speaker 16: to meet the?
Speaker 7: Rebate.
Speaker 16: Criteria. Yeah, also so the one that you've seen on there.
Speaker 4: Didn't meet the.
Speaker 16: Criteria that's why it's not offering the four.
Speaker 1: Thousand, OH i see you're saying the.
Speaker 15: MODEL i wonder why a twenty Eighteen model three wouldn't
Speaker 15: meet that though it's.
Speaker 16: It's going to go off a mileage, year got it and?
Speaker 15: Vehicles what do you but, listen, Man, ROCK i would
Speaker 15: think about. This if you guys actually advertised a vehicle
Speaker 15: that said four thousand dollars rebate and someone bought, it
Speaker 15: and you guys messed up and.
Speaker 1: Never filed with THE irs.
Speaker 15: To get the rebate, money or with the state or
Speaker 15: whomever you need to file, with what would you guys?
Speaker 1: Do would you tell them the pound.
Speaker 4: Sand fail the money?
Speaker 1: Period?
Speaker 16: Yeah and Then, TOM i had sent you that said
Speaker 16: whenever you post a, picture we lose Comm you lose
Speaker 16: communication with the caller.
Speaker 3: And the and the.
Speaker 4: Office, yeah AND i found out, why BECAUSE i found out, why.
Speaker 1: Right, Right and the reason is when you.
Speaker 4: Post WHEN i posted a, picture it picked up the
Speaker 4: audio from the, picture which was. None SO i have
Speaker 4: to just pick up pick up the picture without the.
Speaker 4: Audio and that's enough for, That because.
Speaker 1: YEAH i get.
Speaker 16: It, yeah conversation.
Speaker 17: J R.
Speaker 4: Jr WHILE i have you on The WHILE i have
Speaker 4: you on the phone right, Now i'm gonna you're the
Speaker 4: J R. Jr from the, road Right, Yes, okay WHILE
Speaker 4: i have you on the, phone, Listen, man you're a
Speaker 4: nut and about this one. THING i don't think you're
Speaker 4: a nut about a lot of, things because you call
Speaker 4: in with very intelligent, Comments but you're a nut when
Speaker 4: it comes to these. Chemtrails if you believe that the
Speaker 4: entire world of, aviation major airlines are going to sacrifice
Speaker 4: weight to bring on chemicals to their, airplanes and that
Speaker 4: they're all going to keep it a. Secret every single
Speaker 4: ap every single ramp, rat every single, pilot every single
Speaker 4: person involved in this conspiracy is going to hide this
Speaker 4: and that that these airlines are spreading chemicals for some.
Speaker 1: GOVERNMENT i don't know what the hell.
Speaker 4: Government conspiracy you got going maybe to control the population.
Speaker 4: Whatever you're a.
Speaker 1: Nut, okay you're a, nut.
Speaker 4: But you're a nut TO JR. Jr you don't truly, BELIEVE.
Speaker 4: Jr do you truly believe? That, okay Just i'm asking
Speaker 4: you a. Question do you truly believe that there is
Speaker 4: literally a scheme and you believe that the airlines are
Speaker 4: spreading chemical.
Speaker 16: TRAILS i think they are not passenger. AIRPLANES i think
Speaker 16: they are government. Airplanes, YES i do truly.
Speaker 17: Believe so you.
Speaker 4: Think that the government is sending Out, okay the government
Speaker 4: is sending out airplanes daily or weekly or. Whenever but
Speaker 4: they send them out and they're dispersing chemicals into the.
Speaker 7: Air, yes, yep truly.
Speaker 1: Believe what are these chemicals? For what's the?
Speaker 4: Reason and by the, way at least you're not crazy
Speaker 4: enough to think the airlines are in on. It so
Speaker 4: let's say the government has some special airplanes they're sending
Speaker 4: out to disperse. Chemicals what are these chemicals. For, well
Speaker 4: some of them.
Speaker 16: Are cloud, seedings so they're getting moisture so that we
Speaker 16: get rain and. Snow BUT.
Speaker 7: I don't know what's COMPLETELY i, mean we've had this.
Speaker 16: Discussion they have poisoned, cities they have Poisoned america through
Speaker 16: our history.
Speaker 4: For what?
Speaker 16: Reason, well what was the what was the?
Speaker 4: REASON i don't.
Speaker 7: KNOW i don't.
Speaker 4: Know, OKAY i Think, oraville, RIGHT i, mean, so but
Speaker 4: these these, chemicals and don't you think there would be
Speaker 4: any environmental, agencies independent or otherwise that could simply go
Speaker 4: up and those condensation, trails which they are if they were,
Speaker 4: chemtrails don't you think don't they're condensation. Trails but don't
Speaker 4: you think that any kind of person would have gone
Speaker 4: up like a nut like you and all the nuts
Speaker 4: like you would get together and have somebody simply go
Speaker 4: up in air sample those so called. Chemtrails, Oh i'm
Speaker 4: sure they.
Speaker 7: Have Now i've asked you to do.
Speaker 4: It in, fact you know What i'm gonna do. It,
Speaker 4: no wait a, minute how high are? THEY i might
Speaker 4: not be able to go that? High how high are those? Chemtrails,
Speaker 4: no not for, you not for your.
Speaker 16: Helicopter i'm talking about these. Airplanes when they take off in.
Speaker 16: Land they are being tracked from the second they take
Speaker 16: up to they. RIGHT i, GUARANTEE i guarantee you cannot
Speaker 16: track these airplanes that are laying down the camp. TRAIL
Speaker 16: i guarantee.
Speaker 1: It, well are you a flat earther as? Well just
Speaker 1: out of? Curiosity see he even.
Speaker 4: Hesitated not to come, on, man he hesitated when you
Speaker 4: asked him if he's a flat. Earther For god's, sakes,
Speaker 4: okay time to put him on. Hold he doesn't even
Speaker 4: deserve to be a YouTube. Moron he doesn't believe, no
Speaker 4: and we don't believe that those women are that. High, okay,
Speaker 4: listen we got more coming. Up somebody's got a very
Speaker 4: IMPORTANT llc question and more after. This go with a
Speaker 4: sure Thing Denver's Best Roofer Excel roofing dot.
Speaker 1: Com pay a cent until you're.
Speaker 4: Content time for an insurance checkup, free no obligation comparison
Speaker 4: Call Compass insurance paying too much your coverage at dozens
Speaker 4: of insurance companies find out now three all three seven
Speaker 4: to seven to. One. Help you'll think you're his only
Speaker 4: customer when you Choose frank durand the real Estate man
Speaker 4: dot com to list your home With Remax alliance three
Speaker 4: all three nine two zero sixteen twenty.
Speaker 1: Two I'm Tom.
Speaker 4: Martine, Listen mike your, next But i'm gonna Take matt
Speaker 4: Because matt called in From Victory. Motors he's the general,
Speaker 4: manager and whenever a company wants to respond to something
Speaker 4: heard on the, air we give them.
Speaker 1: Priorities So, mike please hang on AND i.
Speaker 4: Will get to. You, matt THE gm Of Victory motors
Speaker 4: wants to talk about This tesla situation where they sold
Speaker 4: the Used tesla and they were unable to file the
Speaker 4: necessary paperwork So tyler could get his four thousand dollars
Speaker 4: credit as, advertised and that's because at the time they
Speaker 4: were not registered to do it as a qualified. Dealer,
Speaker 4: Again i'm not saying this was intentional or meant to deceive.
Speaker 4: Anyone maybe they misunderstood the. PROGRAM i don't, Know so
Speaker 4: we're just going to ask. Him matt your, Turn, Hey,
Speaker 4: tom good.
Speaker 3: Morning.
Speaker 7: Hey, so, yeah we've spoken With.
Speaker 8: Tyler we've spoken With sabrina multiple times over the past several,
Speaker 8: weeks trying to get them whatever information they. Need and,
Speaker 8: again we're not tax, accountant so we continue to defer
Speaker 8: them to their tax. Accountant so we have even reached
Speaker 8: out to OUR, cpa the lady that handles all of our.
Speaker 8: Taxes we've done all the necessary research and tried giving
Speaker 8: them all the. Information so you're, right it did say
Speaker 8: there was an available four thousand dollars tax credit, available.
Speaker 8: Right and the reason why we don't do time of
Speaker 8: sale rebates is because it's all income, limited, Right so
Speaker 8: you have to be under a certain income that we
Speaker 8: don't know at the time of.
Speaker 7: Sale.
Speaker 1: Right, well my, god that's.
Speaker 4: Fair But, tyler hold On tyler hold on market in
Speaker 4: this particular. Case in this particular, case there was no
Speaker 4: way a four thousand dollars credit would have been available
Speaker 4: to anyone because you were not qualified to process. It
Speaker 4: so that was false, advertising no matter how you slice.
Speaker 4: It the fact that you've given them information and told them,
Speaker 4: Listen i'm not saying you did this, intentionally but no matter,
Speaker 4: what that was a false. Statement there was never a
Speaker 4: four thousand dollars rebate available on that particular car because,
Speaker 4: you as a, dealer were not qualified to file the sale.
Speaker 1: Report so we don't have.
Speaker 8: To do a sale. Report so what they have to
Speaker 8: do is it's. Form it's a downloadable form that they can.
Speaker 8: Do IT'S dr zero six one seven that they are
Speaker 8: able to. DO i verify this with OUR cpa that
Speaker 8: they're still available to get the four thousand dollars tax.
Speaker 8: Rebate the thing that you're alluding to is going to
Speaker 8: be at the time of sale. Credit so to be
Speaker 8: a registered easy dealer what some dealerships, do which we
Speaker 8: do not write it was not advertised as a lower
Speaker 8: discounted price due to the four thousand dollars coming off
Speaker 8: the sale price is because it's all income Based we
Speaker 8: never know on a cash sale what type of income
Speaker 8: a customer, makes so if they make OVER i believe
Speaker 8: it's three hundred thousand, dollars you're not eligible for the tax.
Speaker 7: Credit so rather than.
Speaker 4: Do What i'm, asking What i'm asking is, This i'm
Speaker 4: asking a simple. Question you're saying That matt can still
Speaker 4: get a four thousand dollars tax.
Speaker 8: Credit tyler can still Get i'm, sorry your credit correct
Speaker 8: If tyler gives HIS, cpa AND i think, Again i've
Speaker 8: spoken With, Tyler i've spoken With, sabrina and so has
Speaker 8: the sales Manager, jordan for you, know hours on, end
Speaker 8: over the course of a couple of. Weeks but, again
Speaker 8: we're not, accountants right all we're able to do.
Speaker 4: No, LISTEN i know you're not a tax accountant, credit
Speaker 4: but you can't offer a four thousand dollars credit if
Speaker 4: it's not. Available but what you're saying is quite. Different
Speaker 4: you're saying it is, available which is amazing to me
Speaker 4: because WHEN i looked on the website it said the
Speaker 4: only time this can be processed is if the dealer
Speaker 4: has pre registered for the program and was. Approved but
Speaker 4: you're telling us something. Different you're saying that four thousand
Speaker 4: dollars credit is available to. Him and the reason you
Speaker 4: advertised a four thousand dollars credit available is because it
Speaker 4: is available to some taxpayers even though, you as a,
Speaker 4: dealer are not qualified to issue a time of sale.
Speaker 8: Certificate, Correct so the time of sale certificate when we
Speaker 8: did become. Registered what that allows some dealers to do
Speaker 8: is they can take it off and they can actually
Speaker 8: take that tax credit from the. Customers right so that
Speaker 8: time is, stale we'll get credited back to the. Dealership
Speaker 8: What i'm saying is That tyler still is. Eligible the
Speaker 8: four thousand dollars tax credit is still.
Speaker 9: Available good just has.
Speaker 8: To file the form D are zero six one.
Speaker 4: Seven why doesn't he know?
Speaker 8: This, Again we've tried explaining to, Them we've given them
Speaker 8: all the. Information on a Quick google, search you guys
Speaker 8: can verify it the. Dealership it even says very, specifically
Speaker 8: nothing is required from the, dealership just the form dr
Speaker 8: okay six One.
Speaker 15: Wait wait you know, what let me ask a clarifying.
Speaker 15: Question IF i go by a Used tesla or something
Speaker 15: that would qualify whatever that is from an, INDIVIDUAL i
Speaker 15: can still file a zero six one oh seven And
Speaker 15: i'll get the four thousand dollars rebate on a USED.
Speaker 8: EV i don't know if you buy it.
Speaker 7: PERSONALLY i can't speak with.
Speaker 1: That what defines the? Dealer what does the dealer have
Speaker 1: to do to qualify for?
Speaker 4: It, LISTEN i have to take a. BREAK i have
Speaker 4: to take a. Break we'll come.
Speaker 13: Back.
Speaker 4: LISTEN i THINK i understand What matt's, saying AND i
Speaker 4: might tend to agree with.
Speaker 1: Him hold, on, Though hang, on we'll come right.
Speaker 4: Back go with a sure Thing Denver's best Roofer excel
Speaker 4: roofing dot.
Speaker 1: Com you don't pay a cent until you're.
Speaker 4: Content time for an insurance check up, free no obligation
Speaker 4: in comparison Call Compass. Insurance pay too much your coverage
Speaker 4: at dozens of insurance companies find out now three oh
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Speaker 4: only customer when you Choose frank durand the real Estate
Speaker 4: man dot com to list your home With Remax alliance
Speaker 4: three oh three nine two zero sixteen twenty. Two Hi Tom,
Speaker 4: martino you're troubleshooter THREE o three seven to one three
Speaker 4: talk seven one THREE a two five, Five So, mark
Speaker 4: you wanted to clarify something With matt. Again you, KNOW
Speaker 4: i think anything that happened With matt At Victory, Motors
Speaker 4: i'm sad that it wasn't intentional or trying to deceive.
Speaker 4: Anyone but the question never thought it was does this Deal? No?
Speaker 4: No the question is, This here's the central. Question is
Speaker 4: that four thousand dollars available to the consumer as advertised
Speaker 4: if they take certain steps or must the dealer have
Speaker 4: been a certain registration for it to take? Effect so
Speaker 4: what were you going to Ask?
Speaker 15: Mark, well here's ALL i really want to ask him
Speaker 15: right now while we do, research Because matt could very
Speaker 15: well be. RIGHT i can't find anything on that. Document
Speaker 15: BUT i do know, accountants AND i know dealing doug,
Speaker 15: MANAGERS i know all kinds of general managers of dealerships
Speaker 15: across the front. Range So, matt it would just simply
Speaker 15: come down to, this in my, opinion if he can
Speaker 15: possibly do it and he's got to figure it out
Speaker 15: with his, ACCOUNTANT i say it's all on. Him but
Speaker 15: if it's impossible for him to do it because where
Speaker 15: he purchased it isn't signed up for whatever at the,
Speaker 15: time are you willing to give them the four?
Speaker 8: Grand, yeah of course we're willing to help out however we.
Speaker 8: Can and that's what we've explained to the. Customers, Right
Speaker 8: we've spent hours of our OWN.
Speaker 15: I understand, that BUT i just want to ask one more,
Speaker 15: so if it's, impossible will you give them the four
Speaker 15: grand if it's if it turned out to be your?
Speaker 1: Fault he, said, Yes i'm good with.
Speaker 4: You thank you go with a sure Thing Denver's best
Speaker 4: Roofer Excel roofing dot. Com you don't pay a cent
Speaker 4: until you're contenth time for an insurance check up free
Speaker 4: no obligation comparison Call Compass insurance paying too much your
Speaker 4: coverage at dozens of insurance companies find out now three
Speaker 4: oh three seven seven to one. Help you'll think you're
Speaker 4: his only customer when you Choose frank durand the real
Speaker 4: Estate man dot com to list your home With Remax
Speaker 4: alliance three oh three nine two zero sixteen twenty two.
Speaker 3: Ye news.
Speaker 11: By who you don't have.
Speaker 3: Come running suspass as we.
Speaker 14: Can shooter's gonna help Coming Man.
Speaker 5: Dix is The Troubleshooter. Show No Tom, Martine Hey.
Speaker 1: Tom rtino, Here welcome to the.
Speaker 4: Show three oh three seven one three talk three oh
Speaker 4: three seven one three eight two five five here to
Speaker 4: help you solve, problems answer, questions taken, place make your
Speaker 4: life a little.
Speaker 1: Easier and we do. It we've been doing it for forty.
Speaker 4: Five, years fifty years total if you count outside Of,
Speaker 4: denver the longest running radio show continue alying there continually
Speaker 4: on the air with the same. Host so we enjoy.
Speaker 4: This AND i want to tell you That frank durand
Speaker 4: the real estate man will give you a market valuation
Speaker 4: of your home, immediately free of, charge with all factors,
Speaker 4: considered no obligation. Whatsoever based on this thirty years of, experience,
Speaker 4: comps neighborhood interest, rates supplying, demand get an accurate. Appraisal
Speaker 4: it's not an. APPRAISAL i shouldn't call it. That an
Speaker 4: evaluation based on actual. Sales three h three nine two
Speaker 4: zero sixteen twenty. Two all, RIGHT i want to continue.
Speaker 4: Here we have a situation going on With. Tyler, Now
Speaker 4: tyler bought A tesla and he bought it at a
Speaker 4: place Called Victory motors In. Longmont and there's a continuing question.
Speaker 4: Here does it qualify for the advertised four thousand dollars tax.
Speaker 4: Credit there are credits available for used evs if the
Speaker 4: car matches certain qualifications and this model s. Did but
Speaker 4: When tyler tried to get this four thousand dollars, credit
Speaker 4: he was told that that particular dealer did not qualify
Speaker 4: because it was not. Registered, tyler we have since been
Speaker 4: told that you're able to apply to, this apply for
Speaker 4: this as an, individual and it doesn't necessarily require.
Speaker 1: That the dealer be signed. Up have you heard?
Speaker 7: THAT i have not heard.
Speaker 4: That, okay d what were you able to see at the?
Speaker 4: Irs but by the, way the dealer did tell us
Speaker 4: that if it was their fault and there is no
Speaker 4: way that that's, available they would make it. Right but
Speaker 4: the dealer is telling us there's two kinds of discounts or.
Speaker 4: Credits one is at the time of, sale they actually
Speaker 4: take it off the price of the, car and that's
Speaker 4: the one where the dealer has to be. Registered they
Speaker 4: take it off the price of the, car and then
Speaker 4: the dealer is later reimbursed for. It but he said
Speaker 4: there's another credit directly to the consumers where the dealer
Speaker 4: does not have to be signed, up as long as
Speaker 4: the car meets the.
Speaker 11: Qualifications and not only, that But tyler has to meet
Speaker 11: certain max and he does income he does so you
Speaker 11: didn't overshoot the Income.
Speaker 4: Tyler so let's Assume tyler is qualified and the car is.
Speaker 4: Qualified the question, Is dimitri can he directly apply for
Speaker 4: that without the dealer being. REGISTERED i hate to Put.
Speaker 11: John fuller on, you but Maybe i've been reading THE
Speaker 11: irs documents related to this type of, transaction and they
Speaker 11: do very clearly state that in order to take a
Speaker 11: credit at the time of the, sale the dealer must
Speaker 11: be rich at.
Speaker 4: The time of the, sale and that's What matt was.
Speaker 4: Saying they weren't trying To they did not discount the
Speaker 4: car for a later reimbursement that would have been at
Speaker 4: the time of the, sale but now we're talking about
Speaker 4: after the. Sale does that make a. Difference?
Speaker 11: TOM i WISH i could be more, helpful but it's not.
Speaker 11: Easy there are so many pages and so MANY pdf
Speaker 11: arrests related to. This there's nothing That i've read so
Speaker 11: far that relates to the buyer's ability to claim a
Speaker 11: credit that requires the dealership to be.
Speaker 1: Registered, okay there are.
Speaker 11: All kinds of qualifications for the, car including maximum miles
Speaker 11: on the, parameter that kind of, stuff BUT i haven't
Speaker 11: seen anything where the where the dealer has to be. Registered, However,
Speaker 11: tyler if you have conflicting, Information i'd love to get
Speaker 11: a copy of.
Speaker 4: It SO i don't Think tyler does HAVE COMB i
Speaker 4: don't Think tyler.
Speaker 15: Knows, NO i don't Even i'm totally hearing what you're, Saying,
Speaker 15: dimitri But i'm processing it a different. WAY i, mean
Speaker 15: then you might as well make the. Leap you could
Speaker 15: buy it From mexico from an individual and still be
Speaker 15: able to do. IT i mean you're, saying because it
Speaker 15: doesn't actually say that the court.
Speaker 4: Mark according to THE, irs if you buy a USED
Speaker 4: ev that, qualifies and you, qualify you get a tax.
Speaker 15: Credit not so even from an. Individual you, guys, yeah
Speaker 15: that's probably.
Speaker 1: Wrong that's.
Speaker 11: Right but your roller did say something during his very first.
Speaker 4: Mark it's not That i'm, wrong it's that we're reading, It,
Speaker 4: Okay so if we're reading.
Speaker 1: The wrong, stuff then it's. Wrong not that's. Nothing he
Speaker 1: comes down right and, wrong and.
Speaker 4: Okay, listen What i'm saying is when people read stuff
Speaker 4: and try to interpret, it don't jump on their asses
Speaker 4: about being right and. Wrong we are all searching for
Speaker 4: the truth and we don't always get our dicks out
Speaker 4: three three seven to one three talks seven, one, three,
Speaker 4: eight two five.
Speaker 1: Five So dmitri, continue, Please.
Speaker 11: Tyler when you first called, this you said that you
Speaker 11: said you filed your taxes online and they got kicked.
Speaker 4: Back those are your.
Speaker 11: Words was there a reason that THE rs has denied
Speaker 11: your vehicle?
Speaker 14: Credit, yeah so we tried to go through an accountant,
Speaker 14: initially and it kept getting kicked back because THE vin
Speaker 14: didn't match the, register the the documents that you, know
Speaker 14: the government uses to ensure that there was a. Sale
Speaker 14: so it wasn't matching THE ev tax, credit you, know
Speaker 14: whatever doc you, know whatever a database they have for
Speaker 14: that kind of.
Speaker 7: Information so.
Speaker 11: Is THE vin is the MISTAKEN vin on your bill of?
Speaker 11: Sale or is the MISTAKEN vin on your tax tax?
Speaker 16: Filing THE vin is correct on all.
Speaker 10: Paperwork so THEN i had to went through turbo tax
Speaker 10: because the TurboTax.
Speaker 19: Allows you to kind of force.
Speaker 10: It there's a clip checkbox that, says you, KNOW i.
Speaker 4: Verified that MY vin is.
Speaker 10: CORRECT i got my state caller out of refund through,
Speaker 10: then but then the R s adjusted my Federal well maybe.
Speaker 4: We, asked maybe we asked an Account.
Speaker 11: This may be no, Idea this may be AN irs
Speaker 11: problem because based on What tyler just told us THE
Speaker 11: irs is not denying his credit because the dealer wasn't.
Speaker 11: Registered they're denying his credit because there's some kind of
Speaker 11: a discrepancy in the ven number.
Speaker 10: Records from my, understanding it's that the vin doesn't match
Speaker 10: any records because there was no records of it being
Speaker 10: sold at.
Speaker 11: An D, yeah there is a report that the dealer
Speaker 11: is required to file with THE irs to register this.
Speaker 4: Sale and if, okay well hold, on then that's the
Speaker 4: part where the dealer has to be. Registered then, well
Speaker 4: even if the consumer is going you, See i'm.
Speaker 1: Confused, so As mark, said.
Speaker 4: Can an individual sell, this well, no because they can
Speaker 4: never file that.
Speaker 11: Report in, fact it says so right on THE rs
Speaker 11: website you have to purchase it from a.
Speaker 4: Dealer, Okay so that register have to purchase, Okay and
Speaker 4: that's the whole.
Speaker 1: Idea it just says from a.
Speaker 11: Dealer he a marijuana, dealer, no clearally talking about an
Speaker 11: automobile Doing.
Speaker 1: Hey, matt let me ask you, Something.
Speaker 4: MATT i mean you said that if you wanted to
Speaker 4: discount it at the time of, sale that's one program.
Speaker 8: Dealership would, have, Right, Yeah so the dealership at the
Speaker 8: time of sale for the. Discount so if we were
Speaker 8: to have been registered for a time of sale, discount
Speaker 8: which we don't do for income, purposes right because, Right.
Speaker 4: Okay go, ahead the dealership has TO i don't.
Speaker 8: Care just the consumer has to qualify as. Well so
Speaker 8: again everything That i've, Read we've talked to OUR cpa
Speaker 8: who was very familiar with it because she said a
Speaker 8: ton of her clients actually do file this form every single.
Speaker 1: Year can we talk to YOUR? Cpa can we talk to.
Speaker 4: You we're just trying to help Out. Tyler, now can
Speaker 4: we talk to YOUR? Cpa you, THINK.
Speaker 8: I, MEAN i would be very surprised IF i could
Speaker 8: get her on the phone right. Now but, again everything
Speaker 8: That i'm seeing he would get very. Clearly if the
Speaker 8: dealership was not registered with the state for the point
Speaker 8: of sale, transfer you can still qualify for The COLORADO
Speaker 8: ev tax. Credit you will just claim it yourself when
Speaker 8: you follow your state.
Speaker 4: Taxes, yeah you're looking at the you're looking at THE
Speaker 4: irs and it's not AN irs.
Speaker 1: Program it's a state.
Speaker 8: Program it's a state it's a state. Program and as
Speaker 8: soon As tyler And sabrina by their, vehicles, right are
Speaker 8: tent tags when we sell a. Vehicle The colorado picks
Speaker 8: up that bin number as a sold, vehicle so they
Speaker 8: should have. RECORDS i just don't think the FORM dr
Speaker 8: zero six one seven was filed properly with their income
Speaker 8: taxes to the state Of. COLORADO i think that's where
Speaker 8: the Missing.
Speaker 1: Okay hold, on hold, on what's the.
Speaker 7: FORM dr zero six one?
Speaker 4: Seven, OKAY dr as in dog dr as? In are
Speaker 4: you SAYING d?
Speaker 1: Delta roger got? It d D? R what.
Speaker 8: Zero six one?
Speaker 15: Seven i'm pretty sure the rebate for four thousand, dollars
Speaker 15: guys is a federal.
Speaker 1: Rebate that's. Great, okay here's What i'm.
Speaker 4: Reading On april twenty twenty, Five COLORADO'S ev tax credit
Speaker 4: applies to the purchase of new. Evs the standard take
Speaker 4: it was increased to five thousand. Dollars, currently six thousand.
Speaker 4: Dollars rebates remain available for low income residents who trade
Speaker 4: in older high emission. Vehicles regarding the purchase of used,
Speaker 4: Evs colorado does not offer a tax credit on such. Transactions,
Speaker 4: however low income residents may qualify for a six thousand
Speaker 4: dollars rebate when trading in an older high emission. Vehicle
Speaker 4: when purchasing a USED ev FORM dr six one seven
Speaker 4: is used to claim The Innovative Motor Vehicle Tax, credit
Speaker 4: which is typically associated with new. Vehicles so if you're
Speaker 4: if you're considering purchasing a USED, ev this does not.
Speaker 1: Apply.
Speaker 15: It most apply to it a four thousand dollars federal. Rebate,
Speaker 15: yeah which is right, HERE i really says nail from
Speaker 15: a licensed.
Speaker 4: Dealer, Right, SO i think that you're mistaken about A
Speaker 4: COLORADO ev. Credit i'm looking on their website and it
Speaker 4: and it doesn't talk about any kind of a credit
Speaker 4: on a used.
Speaker 1: Vehicle it. Doesn't this whole conversation has been.
Speaker 4: Around it does not offer a tax credit on used
Speaker 4: vehicles because right out in the, open if you go
Speaker 4: to The colorado website you can see. It so and
Speaker 4: THIS dro six one seven they said is For Innovative
Speaker 4: Motor Vehicle tax credit with new vehicle purchases. Only SO
Speaker 4: i don't know where you're getting your, Information, matt BUT
Speaker 4: i think you're off a. Bit.
Speaker 1: Now i'm not saying we know.
Speaker 4: It we really are.
Speaker 8: Confused it's a FEDERAL ev tax credit And i'm happy
Speaker 8: to send everybody the links to.
Speaker 7: Do so you just told, me.
Speaker 4: You said you said less than two minutes ago it
Speaker 4: was a state.
Speaker 1: CREDIT i meant to say.
Speaker 4: FEDERAL i.
Speaker 8: Apologize i'm trying to get you guys as much information
Speaker 8: AS i possibly.
Speaker 4: Can, Okay, okay so we're all. Clear there is No
Speaker 4: COLORADO ev.
Speaker 1: Credit. Okay so is there a FEDERAL ev? Credit and
Speaker 1: what is that?
Speaker 4: Form?
Speaker 1: Tom what information do we have on that?
Speaker 4: Form? Okay on that? Form when it comes to, FEDERAL
Speaker 4: i don't. KNOW i just asked about the state and
Speaker 4: was brought to the state. Website so the D r
Speaker 4: six one, seven that's what we're talking. About i'll ask
Speaker 4: it again and find.
Speaker 1: Out but here's WHAT i want to.
Speaker 4: Know is is he is he able to get a
Speaker 4: tax credit or? Not that's? It is he able to
Speaker 4: and Geta And demetria has been feverishly.
Speaker 1: Reading do you think our normal account will know?
Speaker 7: This let's.
Speaker 4: Ask let's ask If i'm At las CPAs anybody over
Speaker 4: there knows? That and, listen, okay mark on THE irs.
Speaker 4: WEBSITE dr six one seven is for qualifying new. Vehicles,
Speaker 4: yeah that's.
Speaker 1: New there is nothing, here nothing here about a used.
Speaker 4: Vehicle. Nothing it's on. New wait wait, wait, wait hold.
Speaker 4: On the credit is available only for new. Vehicles used
Speaker 4: vehicles or those previously titled or registered do not. Qualify
Speaker 4: so THIS dr six one seven absolutely positively is for
Speaker 4: no use vehicle at.
Speaker 1: All this is right off of their. Website SO i
Speaker 1: don't know what we.
Speaker 4: DO i, mean this guy is getting different information from
Speaker 4: his own web. SITE i, mean excuse, me from his own,
Speaker 4: accountant AND i don't know. Why it's it's just not
Speaker 4: the right. Way so it's a. Mystery it's a mystery
Speaker 4: if this four thousand dollars credit was ever, available if
Speaker 4: it's available now to this guy or. Not But i'm telling,
Speaker 4: you this guy went in thinking he was going to
Speaker 4: get a four thousand dollars. Credit no matter What tyler,
Speaker 4: did you bother asking your own.
Speaker 9: Accountant all she was able to do was basically do
Speaker 9: what you guys just, did, right just look up different
Speaker 9: forms and see if there was any way to get
Speaker 9: a different.
Speaker 7: Forum we couldn't.
Speaker 8: Find she couldn't find.
Speaker 10: Anything her only option was maybe if it gets rejected to.
Speaker 14: An, appeal and there's some appeal forms we can.
Speaker 3: Do.
Speaker 1: WELL i. Don't I'm i'm seeing where there's very.
Speaker 4: Little there's very few to me that site that you're
Speaker 4: reading specifically FOR us vehicles or New, well ACTUALLY i haven't.
Speaker 11: Write what you saw me reading was the actual law
Speaker 11: that defines what a dealer, is and it defines it
Speaker 11: in two separate for two separate. Purposes the registered dealer
Speaker 11: is if you want them to take that credit at
Speaker 11: the time of the. Sale but In tyler's, case the dealer.
Speaker 11: Is the dealer is also defined as just be a
Speaker 11: licensed dealer to sell. Cars, okay they don't need to
Speaker 11: be registered based on the law That i've read so.
Speaker 4: Far, now NOW i found something. Else this is believe
Speaker 4: it or. Not on Another colorado, website it says The
Speaker 4: Federal Used Clean Vehicle credit under The Inflation Reduction, act
Speaker 4: you may be eligible for a federal tax credit up
Speaker 4: to four thousand dollars or thirty percent of a vehicle's
Speaker 4: purchase price when buying a qualifying USED.
Speaker 1: Ev is that what you're looking?
Speaker 4: AT i got that same. Information the purchase price must
Speaker 4: be twenty five thousand or less. Correct the model year
Speaker 4: has to be less than two years. Old the purchase
Speaker 4: must be from a licensed. Dealer THE ev must have
Speaker 4: a battery capacity of at least seven. Kilowatts income limits
Speaker 4: one hundred and fifty thousand for a, couple one twelve
Speaker 4: for heads of, households seventy five for. Individuals the vehicle
Speaker 4: must be used for personal. Use so that's What i'm
Speaker 4: seeing about this vehicle of four. Thousand, Tom i'd like
Speaker 4: to correct something you.
Speaker 11: Said, yeah the vehicle must be at least two years.
Speaker 1: Early, yeah that's, right at least two years, right two years.
Speaker 4: Old, Okay, no, no, no at least two years. Old,
Speaker 4: right that's what it, says at least two years. Old,
Speaker 4: OKAY i read it.
Speaker 1: Wrong, Okay so here's the.
Speaker 4: Thing, Apparently, now did he advertise a four or six four? Four,
Speaker 4: okay so that's the four thousand dollars credit under but that's,
Speaker 4: federal that's not.
Speaker 11: State, yeah it didn't help that the dealer, representative you.
Speaker 4: Know, Unfortunately, Wait colorado offers additional incentives as part of
Speaker 4: a vehicle exchange. Program but that's when you trade in
Speaker 4: a high mileage of some kind of other.
Speaker 1: Car this gets very.
Speaker 4: Complicated in, FACT i challenge any any fricking.
Speaker 1: Accountants to even know.
Speaker 4: It so if you're considering AN ev In, colorado a used,
Speaker 4: one you may benefit from this tax credit of four
Speaker 4: thousand dollars federal a state rebate up to four thousand
Speaker 4: with this vehicle exchange. Program to maximize your, savings make
Speaker 4: sure you learn about the programs before. Buying apparently no
Speaker 4: one knew about, this not even the. Dealer Because matt's
Speaker 4: all mixed up as.
Speaker 1: Well we got to take a. Break we got more coming.
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Speaker 4: time for an insurance checkup, free no. Obligation in, comparison
Speaker 4: Call Compass insurance paying too much your coverage at dozens
Speaker 4: of insurance companies find out now three oh three seven
Speaker 4: seven to.
Speaker 17: One.
Speaker 4: Help you'll think you're his only customer when you Choose
Speaker 4: frank durand the real Estate man dot com to list
Speaker 4: your home With Remax. Alliance three oh three nine two
Speaker 4: zero sixteen twenty.
Speaker 15: Two all, right three oh three seven three eight two
Speaker 15: five hereive you got your go?
Speaker 1: Ahead, sorry all right.
Speaker 4: Man thank you three oh three seven one three eight
Speaker 4: two five to. Five and let me just get To,
Speaker 4: mike cause he's been waiting a. While, mike you have
Speaker 4: a question about selling ON.
Speaker 1: Llc is that what it.
Speaker 17: Is, Yeah i'm LOOKING i own a, construction a landscape
Speaker 17: construction company for over twenty five. Years i'm looking to get.
Speaker 17: OUT i do about two to two point four million a.
Speaker 17: YEAR i have a phenomenal reputation in my, industry AND
Speaker 17: i just want to know if it's a buying market
Speaker 17: or a selling market for a big you, know equity
Speaker 17: firm to come in and purchase my. COMPANY i have
Speaker 17: a company that's, okay looking.
Speaker 1: To what actual? Show so what service do you?
Speaker 17: Provide it's, construction, landscape, patios, driveways, landscape.
Speaker 4: Irrigation, Okay and and you have AN, Llc so when
Speaker 4: you asked about selling AN, llc you're actually asking about
Speaker 4: selling a.
Speaker 1: Business.
Speaker 4: Correct, Okay so here's WHAT i here's what's really here's
Speaker 4: what's really important to. Know, okay what exactly do you
Speaker 4: have as far as assets of THE?
Speaker 17: Llc nine hundred thousand and, equipment, building, skin, steers dump,
Speaker 17: trucks actual, trucks about nine hundred thousand and.
Speaker 3: Tens of.
Speaker 4: Assets, now are these prices sale prices that you hope
Speaker 4: to get or fire sale?
Speaker 17: Prices, WELL i do growth, sales you, know over two
Speaker 17: million a. Years So I'M i want to know if
Speaker 17: it's a good time to sell my. COMPANY i mean you've.
Speaker 1: Got yes sold.
Speaker 17: Companies, yes you want to know with the with the
Speaker 17: economy booming here In, denver having an investment firm coming
Speaker 17: and purchase my company with a ton of. GROWTH i
Speaker 17: only advertise south of. SEVENTY i haven't even touched the north.
Speaker 4: Market, No, NO i, understand, yes is a good time
Speaker 4: to sell a. Company but private equity looks for way
Speaker 4: more than you're doing right. Now, okay but that doesn't
Speaker 4: mean you can't be purchased by someone else or a
Speaker 4: smaller private equity, company but you Have usually private equity
Speaker 4: companies buy things that are congruent with what they're already.
Speaker 4: Doing so do you know of Any do you know
Speaker 4: of any companies that are doing what you're doing that
Speaker 4: have been?
Speaker 17: PURCHASED i don't know, Offhand, No BUT i know THAT
Speaker 17: i do have a company's you, KNOW i got to
Speaker 17: give them. Money they'll put me out on the, market
Speaker 17: they'll do an evaluation of my, company give me a you,
Speaker 17: know a, price let you know the market would give.
Speaker 4: You, now most of the companies that want money, upfront
Speaker 4: they're full of.
Speaker 1: Crap, okay?
Speaker 4: Correct any good company worth his salt will sell for
Speaker 4: a selling, commission will will work for a selling. Commission
Speaker 4: so the fact that they want, money how much money
Speaker 4: upfront do They how much money upfront do they? Want
Speaker 4: thirty five thirty five hundred thirty five dollars thirty five,
Speaker 4: thousand how much do they? Want forget, Them forget, them
Speaker 4: just absolutely throw their name in the. Sea do not use.
Speaker 4: Them first of, all WHEN i asked about your equipment
Speaker 4: and building and the, PRICE i asked if it was.
Speaker 4: Realistic AND i meant that because they they cut that
Speaker 4: to the, quick like how old is your? Equipment did
Speaker 4: you depreciate it? Properly or are you looking at replacement?
Speaker 4: Costs when you valued your stuff at nine hundred.
Speaker 17: Thousand, oh that's market price FOR i to sell. It
Speaker 17: let's say on you Know, Facebook i'm not over.
Speaker 4: Asking so you're gonna Take, okay you're gonna take eighty
Speaker 4: percent of market when it comes to hard. Assets, okay
Speaker 4: this is just what you're gonna. Get so whether you
Speaker 4: like it or, not you're gonna get about eighty percent
Speaker 4: on the dollar for. That and and so you're looking
Speaker 4: at about seven hundred and twenty, thousand and then your
Speaker 4: your your your. Receivables are they from the same group
Speaker 4: of customers or new? Customers every?
Speaker 17: Year we have repeat, clients but mostly new through advertising
Speaker 17: and sl on the. Internet.
Speaker 1: Okay, now when you say you do two million a, year.
Speaker 4: Is that gross gross? Seals, okay gross sales don't mean.
Speaker 4: Much how? Much how much do you net out of?
Speaker 4: That i'm not talking about your. Salary i'm talking about
Speaker 4: after you take off any equipment depreciation and any other
Speaker 4: kind of expense like fuel and and rant or you
Speaker 4: have any and all of, that what do you actually
Speaker 4: net out of that two?
Speaker 1: Million i'm talking about pure.
Speaker 4: Profit i'm talking about a net after cost of sales
Speaker 4: and hard.
Speaker 17: Costs, well probably around three hundred.
Speaker 4: Ok, okay so about three hundred k and about seven
Speaker 4: twenty you're gonna probably if you get a million dollars
Speaker 4: a million one point seven to two million dollars is
Speaker 4: the price that that probably it would. Bring, now if
Speaker 4: you had a lot of promise and a lot of
Speaker 4: new stuff coming on, board it would be. Different Now
Speaker 4: i'm not the one to price. Is i'm just giving
Speaker 4: you a basic.
Speaker 17: Get a price From.
Speaker 4: Okay there are. Business, now did somebody chime? In, yes oh, okay,
Speaker 4: thanks Thanks, DRAGON i got to take a quick, break.
Speaker 4: MAN i will tell you WHO i think you should
Speaker 4: go to or where you should go for at least.
Speaker 1: Evaluation right after, this.
Speaker 4: Go with a sure Thing Denver's best Roofer Excel roofing dot.
Speaker 4: Com you don't pay a cent until you're. Content time
Speaker 4: for an insurance check up, free no. Obligation in, comparison
Speaker 4: Call Compass insurance paying too much your coverage at dozens
Speaker 4: of insurance companies find out now three oh three seven
Speaker 4: to seven one. Help you'll think you're his only customer
Speaker 4: when you Choose frank durand the real Estate man dot
Speaker 4: com to list your home With Remax alliance three all
Speaker 4: three nine two zero sixteen twenty.
Speaker 1: Two all, Right, Mike i've consulted my.
Speaker 4: Library here of references over the, years AND i will
Speaker 4: tell you That I'm i'm right in. There when it
Speaker 4: comes to the price of your, company you're going to
Speaker 4: be looking at two million to two point two two
Speaker 4: to two point two based on what you've told, us
Speaker 4: and as far as getting people to evaluate, it you will.
Speaker 1: Have and by the, WAY i use both.
Speaker 4: The earnings MULTIPLE i use the hard asset evaluation and
Speaker 4: the market comparison, approach and you're falling right in the
Speaker 4: two million dollar. Range is that what you had in?
Speaker 4: Mind did you know it would be anywhere from two
Speaker 4: point one to two point.
Speaker 17: THREE i was sticking a little more just BECAUSE i
Speaker 17: have the growth of you, know expanding north of seventy
Speaker 17: and advertising.
Speaker 4: Noise, yeah but they don't buy. Potential they. Don't they
Speaker 4: don't buy potential when they have to develop. It if
Speaker 4: the potential has been, developed then it becomes history and track.
Speaker 1: Record but if you, say, WELL i got.
Speaker 4: Tremendous growth growth up, north but you haven't done, it
Speaker 4: they don't value.
Speaker 1: It that's that's just too. Much they just don't do.
Speaker 17: That twenty years under my belt AND i only Concentrate.
Speaker 19: South IF i were to, in that's.
Speaker 1: Wonderful, No, No i'm not look at. Me you got
Speaker 1: a solid company to.
Speaker 4: Sell i'm telling. You you don't sell on territory you're not.
Speaker 4: In you just. Don't you sell on what you've. Done
Speaker 4: you don't sell on what you could be. Doing that's
Speaker 4: just the fact of. Life one of the PLACES i
Speaker 4: one of the PLACES i want you to check some reputable.
Speaker 4: Companies company broker dot Com companybroker dot. Com another one
Speaker 4: more in your price range would Be raincatcher dot. Com
Speaker 4: and then this one might be right up your ally
Speaker 4: that might see more potential than others Is Intermountain Business
Speaker 4: brokers dot.
Speaker 9: Com if you're your companies that you've had in the pastor.
Speaker 4: Mark, No, No i've done direct. Sales the only Companies
Speaker 4: i've sold in the. PAST i sold my phone company
Speaker 4: with a direct. Sale the Others i've developed and never.
Speaker 4: SOLD i MEAN i just have. Them so here's the.
Speaker 4: Deal mark your your auto, dealership your auto.
Speaker 15: Service at my computer store was a direct, sale MEANING
Speaker 15: I i found the, guy but the good year Is interestingly,
Speaker 15: ENOUGH i use my, Accountant Mallory, smith and he still
Speaker 15: does this and he does different business, brokering and he
Speaker 15: kind of did the whole.
Speaker 4: Thing.
Speaker 15: Man he basically played the, arbitrator the mediator and put
Speaker 15: together pretty much the paperwork he As. Mark, yeah he
Speaker 15: can definitely do the. EVALUATIONS i mean that's what he
Speaker 15: does by. Trade but he'd be worth you, calling. Honestly,
Speaker 15: well it's his name.
Speaker 7: Again his name Is.
Speaker 15: Mallory, smith and it's Called smith In lavelle and they're
Speaker 15: in basically the tech center, Okay, smith go to our
Speaker 15: referral list and type In smith And levell Or smith
Speaker 15: or go to the accounting.
Speaker 1: Category you'll see.
Speaker 3: Him.
Speaker 17: Okay then and then someone question if let's, say, uh you,
Speaker 17: Know i'm around fifty years, old how much money WOULD
Speaker 17: i need to retire and never work?
Speaker 19: Again let's say that two?
Speaker 17: Points, Okafe, no.
Speaker 4: No, no, no that's a good. Question hang on for.
Speaker 4: That i'll come back to. You that's a question for
Speaker 4: me as far AS i can put some numbers to.
Speaker 4: It how old are?
Speaker 17: You?
Speaker 4: Fifty, OKAY i did. It we got this forty, now,
Speaker 4: OKAY i want to ASK i want to ask another.
Speaker 1: Question how much you need to live?
Speaker 4: On, well if you want to live on the street
Speaker 4: or do you want to live in in a giant?
Speaker 4: Mansion you know you're nut that you have to crack
Speaker 4: has a lot to do with what you want to live.
Speaker 4: On so what are you asking for in a monthly?
Speaker 4: Income that's what we need to. Know what would you
Speaker 4: consider a good monthly? Income probably one hundred.
Speaker 17: And seventy thousand a year or not a? Month twelve
Speaker 17: to thirteen thousand a.
Speaker 4: Month, okay let's say. Fifty let's say twelve to fifteen
Speaker 4: thousand a. Month i'm going to have My in, FACT
Speaker 4: i have my investment one of my main investment guys
Speaker 4: here With wave Eight Wealth. Management let's put some numbers to.
Speaker 4: It i'm and when do you want to? Retire like, NOW.
Speaker 17: I have other irons in the fire WHICH i develop another.
Speaker 17: Company but, YEAH i mean i'd sell.
Speaker 4: It, Okay, okay so we'll talk about.
Speaker 1: That hang, On I'm Tom.
Speaker 4: Martinez we have more coming up on The Troubleshooter. Show
Speaker 4: don't forget that thirty nine dollars special fixmihome dot.
Speaker 1: Com Book now for that deep clean of YOUR ac.
Speaker 4: Go with a sure Thing denver's best Roofer Excel roofing dot.
Speaker 1: Com you don't pay a cent until you're.
Speaker 4: Content time for an insurance check up free no obligation
Speaker 4: comparison Call Compass insurance paying too much your coverage at
Speaker 4: dozens of insurance companies find out now three oh three
Speaker 4: seven seven one. Help you'll think you're his only customer
Speaker 4: when you Choose frank durand The real Estate man dot
Speaker 4: com to list your home With Remax align three all
Speaker 4: three nine two zero sixteen twenty. Two, Hey Tom, martino
Speaker 4: you're A troubleshooter three all three seven one three talks
Speaker 4: seven one three eight two five to. Five, man we've
Speaker 4: had a lot of confusion when it comes to.
Speaker 7: This.
Speaker 1: Car he bought a.
Speaker 4: Used tesla and he feels he deserves some kind of tax.
Speaker 4: Credit from what he's. Reading the question is how do
Speaker 4: you get? It everywhere we, read we're finding different. Information
Speaker 4: first of, all it's about a four thousand dollars tax
Speaker 4: credit available on used. Evs but that's the only consistent
Speaker 4: thing we can, Find, Dimitri is that?
Speaker 1: True? Yeah and, uh you, KNOW i THINK i.
Speaker 11: CAN i Think i'm developing a pretty good idea or
Speaker 11: a suspicion of what actually. Happened Is matt From Victory
Speaker 11: motors still in the?
Speaker 4: Line? Yeah are you? There can you hear? Me? YEAH
Speaker 4: i think he's. There go, Ahead, Hey.
Speaker 11: Matt, so from What i've seen is the dealer at
Speaker 11: the time of the, sale the dealer must report the
Speaker 11: sale to THE. Irs AND i believe that that's because
Speaker 11: when the consumer requests a credit from THE, irs THE
Speaker 11: irs computer needs to be able to match that vehicle
Speaker 11: credit request to an actual sale to make sure it
Speaker 11: actually took. Place so my question for, You, matt is
Speaker 11: did you report this sale to THE irs and if,
Speaker 11: so when did you report it and did you report it?
Speaker 11: Successfully so, no.
Speaker 8: We did not report it because we were not registered
Speaker 8: at the time of. SALE i think what would be
Speaker 8: best case scenario moving forward IS i could Get tyler
Speaker 8: involved or just in touch with OUR, cpa, right because
Speaker 8: she's going to.
Speaker 7: Be the one that's most familiar with.
Speaker 8: This she's going to be the one THAT i. Consulted,
Speaker 8: no that would be, Good, yeah and then what that
Speaker 8: would do?
Speaker 7: Again?
Speaker 8: Right the last THING i want to do is lead
Speaker 8: a customer high end dry AND i Think tyler would
Speaker 8: even argue the fact that.
Speaker 1: And we're not getting that, Impression.
Speaker 4: Matt and the reason we're continuing this is not to
Speaker 4: force you to do, something because we know that you're
Speaker 4: going to voluntarily do. Something but we just wanted to
Speaker 4: clarify for our listeners because we opened up a can of.
Speaker 4: Worms So i'm going to bring up another, Dealer Rod.
Speaker 4: Greer he's WITH Jfr cars here In. Denver he's on
Speaker 4: a referral list at referralss dot. Com, rod what do
Speaker 4: you know about these used evs and tax?
Speaker 3: Credits so you have to be a registered dealer to
Speaker 3: be able to allow the public to take advantage of
Speaker 3: that as first and foremost second of, all if the
Speaker 3: car fits the. Criteria here is four thousand dollars from
Speaker 3: the federal that the person can take advantage of to
Speaker 3: buy a US Ev.
Speaker 4: All, right hold, ON i want to come back you
Speaker 4: you're clearing things, up. ROD i want to come back
Speaker 4: to this right after this break, on go with a
Speaker 4: sure Thing Denver's best Roofer Excel roofing dot.
Speaker 1: Com you don't pay a cent until you're. Content wave.
Speaker 4: Time for an insurance check up free no obligation comparison
Speaker 4: Call Compass insurance paying too much your coverage at dozens
Speaker 4: of insurance companies find out now three all three seven
Speaker 4: seven to one. Help you'll think you're his only customer
Speaker 4: when you Choose frank durand the real Estate man dot
Speaker 4: com to list your home With Remax alliance three all
Speaker 4: three nine two zero sixteen twenty.
Speaker 2: Two, yeah ripped off bad news de need Advicel you
Speaker 2: don't have the.
Speaker 14: Come running just as fast as we can Show shooter's gonna.
Speaker 1: Help come.
Speaker 5: Man this is The Troubleshooter. Show No Tom, Martine.
Speaker 1: Hello welcome to the.
Speaker 4: Show three, three seven one three talk seven one, three
Speaker 4: eight two five Five The Troubleshooter, show solving, problems answering,
Speaker 4: questions taking. Complaints let's go right to the phones and
Speaker 4: figure out what the heck is going. On SO i
Speaker 4: Have Rod ger with me FROM Jfr. CARS i asked
Speaker 4: him to weigh in on this situation Where tyler bought
Speaker 4: A tesla and, uh he thought he was going to
Speaker 4: get a four thousand dollars tax, credit but when he
Speaker 4: went to file, it they, said, well we don't have
Speaker 4: any record of the. Sale now this is all starting
Speaker 4: to make, sense because the dealer was supposed to register
Speaker 4: the sale in order for the consumer to get a tax.
Speaker 1: Credit is that, Right Rod?
Speaker 4: Greer you're acting as an independent expert here FROM Jfar?
Speaker 1: Cars is that? Right?
Speaker 3: Rod that that's? Correct and that and in order for
Speaker 3: you so five days after they have up until five
Speaker 3: days to register that.
Speaker 4: Vehicle so when.
Speaker 1: You sella USED ev.
Speaker 4: You report the sale for them to be able to
Speaker 4: get the tax. Credit, right and you in order to
Speaker 4: report the. Sale in order to report the. SALE i
Speaker 4: just need to know you can't just report the. Sale
Speaker 4: you have to be registered in order to report the.
Speaker 7: Sale that's, Correct.
Speaker 1: And is registration a big?
Speaker 4: Deal it.
Speaker 3: Is it's about a thirty to sixty day process to
Speaker 3: get the dealership. Registered we're actually in that process right.
Speaker 3: Now so, yes.
Speaker 4: When you get, registered can you go retroactive to report any? Sales,
Speaker 4: yes you.
Speaker 3: Can up UNTIL i don't know what the time would.
Speaker 3: Be but so, basically once you become that dealer who's,
Speaker 3: registered you HAVE i think you have five days to
Speaker 3: register that, car But i'm not sure how far back
Speaker 3: you have that would fall in line with the Retro
Speaker 3: so that's the part of the little. Murky and this
Speaker 3: is a fairly okay cross got?
Speaker 4: It h got?
Speaker 1: It so if if this guy.
Speaker 4: Had qualified as an individual and the car, qualified the
Speaker 4: reason it was rejected is because there was no record
Speaker 4: of the sale anywhere exactly.
Speaker 3: Exactly, well this.
Speaker 4: All makes, sense it has this makes. Sense So, matt
Speaker 4: who is the Dealer Victory? Motors, Again, matt were you
Speaker 4: did your accountant make you aware of this that you
Speaker 4: had to be registered in order to in order to
Speaker 4: report the sale to the state for them to get
Speaker 4: the the.
Speaker 1: Or to report to THE.
Speaker 4: Irs, okay so that's it's sounding more and. More did
Speaker 4: you find out if. You you are registered, now and
Speaker 4: that doesn't Do tyler much. GOOD i, Think, tyler you
Speaker 4: saw this car advertise with a four thousand dollars, rebate
Speaker 4: And matt And Victory, motors they thought it was going
Speaker 4: to be available to an.
Speaker 1: Individual they didn't realize that they.
Speaker 4: Had to report that, sale and in order to report,
Speaker 4: it they had to be. Registered as a, result you
Speaker 4: may have lost this four thousand dollars tax.
Speaker 1: Credit so that's where it stands right.
Speaker 4: Now, Again i'm not saying anything intentionally was done to deceive,
Speaker 4: anyone but that's what it's looking. Like AND i think
Speaker 4: from the records That deputy d looked, at with what
Speaker 4: we're talking To Rod greer, about it's pretty clear to
Speaker 4: me that there is no tax credit available unless you
Speaker 4: bought it from a registered. Dealer. Period it's just not.
Speaker 4: Available And, MATT i think your accountant is telling you
Speaker 4: wrong that there's no way That tyler is going to
Speaker 4: get a tax credit now unless in some way she
Speaker 4: can work this.
Speaker 1: Retroactively SO i would love to.
Speaker 8: Hell we'll reconvene with OUR, Cpa we'll Get tyler in
Speaker 8: touch with, him because from What i'm reading on the,
Speaker 8: internet it is only for the time of. Sales SO
Speaker 8: i understand WHAT afr is saying as in regards to
Speaker 8: being a registered. Dealer but from what she has said
Speaker 8: and from WHAT i have, found And i'm happy to
Speaker 8: email it. Over but once, this you, know once we're
Speaker 8: off the, radio what we'll do is we'll have a
Speaker 8: conversation With. Tyler i'll get him in touch with OUR,
Speaker 8: cpa and at the end of the, day we'll make
Speaker 8: sure that the customer's taken care.
Speaker 1: Of Good thank, You.
Speaker 4: Matt, So, matt one thing is clear that the sale
Speaker 4: must be. Reported SO i don't know where the confusion
Speaker 4: is because it's pretty clear on the internet in every
Speaker 4: single source we've, seen in order for a consumer to
Speaker 4: get a, rebate the sale must be. Reported that's for
Speaker 4: both new and. Used it takes more than just. That
Speaker 4: for some, reason it takes more than just the consumer's
Speaker 4: paperwork to confirm the. Sale and, AGAIN i don't know, Why, Rod,
Speaker 4: rod do you know why that the consumer can't just
Speaker 4: show the bill of sale and all of that and suffice.
Speaker 1: It why do they have to have double? Reporting, WELL i.
Speaker 3: Think the every dealership wasn't a part of the, program
Speaker 3: and that's the federal government's way to make sure everything
Speaker 3: is done correctly and following the rules that they.
Speaker 7: Allowed us to.
Speaker 3: Have that's the only THING i can think of that
Speaker 3: makes sense to. Me and they can monitor it from
Speaker 3: once the process was, done so once the car was,
Speaker 3: sold they were able to process that immediately and they
Speaker 3: have five, okay get it, done and that was their
Speaker 3: way of figuring it. OUT i think.
Speaker 4: Thank You Rod, greer Jfar cars three h three five
Speaker 4: two zero sixty eight thirty nine are expert in the car,
Speaker 4: business And, matt we really appreciate, you by the, way
Speaker 4: From Victory motors staying on the line so long and
Speaker 4: facing the. Music and, AGAIN, i honest To, god don't
Speaker 4: think anything was done intentionally to hurt anyone or to deceive.
Speaker 4: Anyone it's just. Unfortunate these programs are very difficult to.
Speaker 1: Understand.
Speaker 4: Tyler you heard the dealer pledge their support to help
Speaker 4: you get through this and get the credit you.
Speaker 1: Deserve so one way or, another that'll.
Speaker 4: Happen and What i'd like you to, Do, tyler and
Speaker 4: it would be fair To Victory, motors is for you
Speaker 4: to call us back and give us an. Update would
Speaker 4: you do? That?
Speaker 10: Yeah, Absolutely, Yeah.
Speaker 4: Tyler thank you for bringing this to. Us thank you
Speaker 4: for bringing this to our. Attention it's a really good.
Speaker 4: Topic we appreciate. It mike Uh, WELL i already Took
Speaker 4: mike and gave him those. Companies unless he has any
Speaker 4: additional questions on selling his, BUSINESS i don't think he.
Speaker 4: Should i'm going to go To george right. Now but
Speaker 4: If mike does have a burning, question let me. Know,
Speaker 4: george your. Turn what do you need to? Know?
Speaker 1: George what's?
Speaker 19: Happening TOM i live older than Fort, lepton AND i
Speaker 19: had a fellow come over and pump my suptick and
Speaker 19: he pumped, it and he told me that the pump was.
Speaker 19: Bad and he knew a fellow that was a, handyman
Speaker 19: who was who would do a good job and stand by,
Speaker 19: it and who was. Reputable and SO i called this
Speaker 19: fellow and he came. Over he looked at. It he,
Speaker 19: said it's it's.
Speaker 7: Bad you need a new.
Speaker 19: Pump i'll be back.
Speaker 4: Tomorrow first of, All first of, All, George, GEORGE i
Speaker 4: need TO i need to interrupt you for a. Reason
Speaker 4: most septic systems do not have. Pumps they simply have
Speaker 4: a drain into a. Tank, okay that's. Different you got, it,
Speaker 4: okay got? It keep going all.
Speaker 6: Right.
Speaker 19: Yeah it's across From Appel farms by the, way the
Speaker 19: old house there, Anyway so that's. Right he came. Over,
Speaker 19: yep you know. It he came over and and fix.
Speaker 19: It and then he the next day and he came
Speaker 19: in and he, Said i'm going to give you a shock.
Speaker 19: Statement AND i said, really and he, said, well parts
Speaker 19: have really gone, up AND i said. Okay so he
Speaker 19: handed me a bill and IT i don't NEED i
Speaker 19: GUESS i don't need to give you a number right, Now,
Speaker 19: Tom but he gave me.
Speaker 4: The, yeah you do need to give me a number right.
Speaker 4: Now how much was the? BILL i, mean that's the
Speaker 4: whole crux of the. Matter how much was the?
Speaker 19: Bill seventeen hundred? Dollars and, oh that's not that's not.
Speaker 4: Outrageous that's not outrageous at. ALL i would have expected.
Speaker 19: That, Tom. Tom the parts were three hundred and twenty six.
Speaker 19: Dollars he charged me nine. Hundred the normal labor rate
Speaker 19: here is seventy five to one point fifty and he
Speaker 19: charged me eight hundred dollars for two. HOURS i thought
Speaker 19: it was. Exorbitant i'm not trying to get any money
Speaker 19: back from. Him we've already had a meeting and his
Speaker 19: response WAS i needed the. MONEY i, said why did
Speaker 19: you charge me so? Much she, SAID i needed the.
Speaker 19: Money and that's why we were able to know that
Speaker 19: there are people out.
Speaker 7: There that do.
Speaker 4: This, GEORGE i understand what you're. Saying and, again the
Speaker 4: in totality seventeen hundred for replacing a pump in a
Speaker 4: lift station doesn't sound.
Speaker 1: Outrageous, now when you.
Speaker 4: Start pricing the, eggs and you price the oil and
Speaker 4: the butter to fry the, eggs and then you get
Speaker 4: charged eight ninety five for a couple of for for
Speaker 4: two sunnyside up eggs at a, restaurant it sounds outrageous to,
Speaker 4: Me just like when you price the fabric and you
Speaker 4: go to buy a. Suit anytime you try to make
Speaker 4: sense of a, PRICE i like to look at the.
Speaker 4: Totality you looked at the price of the pump first of,
Speaker 4: all and then you looked at the, labor which is
Speaker 4: which is. Legit but here's.
Speaker 1: The DEAL i want to. Know But, George, george he
Speaker 1: could have charged.
Speaker 4: You anything you. Wanted he could HAVE i, mean.
Speaker 1: It was your it was your it was your place
Speaker 1: to say how much is this gonna?
Speaker 19: COST i agree with, that and that's What i'm trying
Speaker 19: to that's my phone Call. Tom i'm not trying to
Speaker 19: Get okay. Back i've already had a meeting with, him and,
Speaker 19: uh there's there's a little more to, this BUT i
Speaker 19: don't want to bore, you.
Speaker 4: Like What, No, no you're not boring. Me you're not
Speaker 4: boring us at. All what is the rest of the. Story.
Speaker 19: Okay so when we sat, down he was angry that
Speaker 19: he had to come back. Over he didn't have, to
Speaker 19: but he came back over and he, said, Well i'm
Speaker 19: just going to rip everything out and lay it on
Speaker 19: the ground and you can start. Over AND i, said,
Speaker 19: well that wouldn't work very well BECAUSE i need a septic.
Speaker 19: DAMP i need. IT i need to. Function SO i
Speaker 19: just think you're wrong in what you're. DOING i didn't
Speaker 19: ask him for any money, back BUT i want people
Speaker 19: to know that this. Happened and you, know this fellow's
Speaker 19: business has got a name that's, incredible AND i it's
Speaker 19: a it's a bit of a joke and it says
Speaker 19: thank you And god bless on the.
Speaker 7: Bill.
Speaker 4: Okay so the moral of the story, is ask how much.
Speaker 4: Something the moral of the story, is ask how much
Speaker 4: something's going to cost before you have it.
Speaker 19: DONE i think, so And, Tom i've built a lot
Speaker 19: of things in this. State i've never had anybody charge
Speaker 19: me triple what the. Product the the hourly rate was
Speaker 19: not really a problem with. Me it was, exclin, well where.
Speaker 4: Are you coming up with the hourly? Rate where are
Speaker 4: you coming up with the hourly? Rate where are you
Speaker 4: coming up with the hourly?
Speaker 1: Rate?
Speaker 19: Tom you're not listening to, me he.
Speaker 4: Worked where did you come up with the hourly? Rate
Speaker 4: you're not listening to. Me where did you come up
Speaker 4: with your hourly?
Speaker 19: Rate these seventy five to one? Fifty if you go,
Speaker 19: online that's what plumbers charge In Fort. Lufton that's WHERE
Speaker 19: i got the hourly.
Speaker 4: Rate, Okay so you went online to ask them how
Speaker 4: much it? Costs, okay, yes, Okay.
Speaker 19: And that's WHERE i got my hourly. Rate but WHAT
Speaker 19: I i'm saying to you is he charged how much.
Speaker 1: Did they say the hourly rate was In Fort?
Speaker 19: Lupton seventy five to one fifty if you lot, it,
Speaker 19: okay that's what it.
Speaker 7: Says, yeah, okay but that's.
Speaker 19: Okay you, Know, tom there's. Two there's two edged two
Speaker 19: pieces of. This one is to charge me almost triple
Speaker 19: the retail price for, something and then the EXORBITANT i
Speaker 19: think fee on the other. End and Again i'm not
Speaker 19: trying to get any money. Back i'm just trying to.
Speaker 1: WIN i never accused you of. That i'm.
Speaker 19: SIMPLE i didn't ask.
Speaker 4: YOU i didn't just so you know.
Speaker 1: ME i WENT i went to a.
Speaker 4: PLUMBERS i went to a guide for, plumbing and it's
Speaker 4: it's a guide for, heating, plumbing, cooling electric, drains and.
Speaker 1: It is a cost factor.
Speaker 4: Analysis In Fort, Lupton, colorado the cost for replacing a
Speaker 4: pump in a lift station averages twenty three hundred, dollars
Speaker 4: encompassing both parts and. Labor, however the standard residential, systems
Speaker 4: the pump replacement, alone if you don't have, to if
Speaker 4: you're just buying the, pump is five hundred to thirteen hundred.
Speaker 1: Dollars So i'm looking.
Speaker 4: At a guide here that says average is twenty three hundred,
Speaker 4: dollars and you were charged seventeen.
Speaker 19: Hundred But, tom if you go, on you can look
Speaker 19: at other things that say from a, range you picked
Speaker 19: off the high.
Speaker 4: Range, yeah this range the range THAT i have Here
Speaker 4: i'm look at. MAN i don't know why you think
Speaker 4: you looking at the internet is more legit than. ME
Speaker 4: i am looking at a surveyed site and the range
Speaker 4: is from eight point fifty to thirty five hundred, dollars
Speaker 4: with the average being around twenty three.
Speaker 1: Hundred you, know.
Speaker 4: You don't always get to just look at parts and
Speaker 4: apply some arbitrary labor rate that you say plumber's, charged
Speaker 4: because if they say, that the price for an average
Speaker 4: plumber in your area is one hundred and fifty. Dollars
Speaker 4: so All i'm saying is, This you know there's way
Speaker 4: more to.
Speaker 1: It. Wait, wait you know what to do an outlet
Speaker 1: in a.
Speaker 4: House the outlet you can buy for two dollars and fifty,
Speaker 4: cents and it takes you forty five minutes to change
Speaker 4: an outlet or. Less if you do the, math it'll
Speaker 4: never come out to the three hundred and fifty and electrician.
Speaker 4: Charges but guess, What you're not gonna get an electrician
Speaker 4: to do less because they're responsible.
Speaker 1: For what they.
Speaker 4: Do i'm not arguing with, you, Man i'd love for
Speaker 4: everybody in the world to get good. Prices, No i'm
Speaker 4: not Yelling i'm not yelling at. YOU i am trying
Speaker 4: to get my point across that. Pricing you're gonna lose
Speaker 4: if you don't check out pricing before you have something.
Speaker 4: Done you're gonna lose every. Time if you're expecting price
Speaker 4: plus materials and excuse, me labor plus. Materials it doesn't
Speaker 4: happen because there's a such thing in. Business, wait there's
Speaker 4: a such thing in business called. Overhead and when he
Speaker 4: said he needed the, money he was probably.
Speaker 1: Correct look at. It i'm not disagreeing with you On.
Speaker 19: Tom let me add. Something you are. Real you know
Speaker 19: what our discussion.
Speaker 4: You really have no concept of business. Whatsoever you think you,
Speaker 4: do but you. Don't that's what makes you even more.
Speaker 19: Dangerous here's what he said to me as we sat.
Speaker 19: DOWN i, said the bill seems exorbitant because.
Speaker 1: You know what that. Means most people know what that.
Speaker 4: Means that means take a frickin, break go with a
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Speaker 4: don't pay a cent until you're. Content time for an
Speaker 4: insurance check up, free no. Obligation in, comparison Call compass
Speaker 4: insurance paying too much your coverage at dozens of insurance
Speaker 4: companies find Out now THREE o three seven seven to one.
Speaker 4: Help you'll think you're his only customer when you Choose
Speaker 4: frank durand the real estate man dot com to list
Speaker 4: your home with Re Max alliance three oh three nine
Speaker 4: two zero sixteen twenty. Two Hi Tom, martino youre a.
Speaker 4: Troubleshooter time and. Materials that's not the way things are.
Speaker 4: Priced they're. Not people could not stay in business if
Speaker 4: they paid for time and. Materials let me give you an.
Speaker 4: Example if a company's running twenty vans and they have
Speaker 4: insurance and all the stuff it takes to be in,
Speaker 4: business sure a guy in A volkswagen with a little
Speaker 4: toolbox could come and do it cheaper every single. Time
Speaker 4: so my advice is find that guy in A volkswagen
Speaker 4: with his little single toolbox and have him do. It
Speaker 4: because if you have a company that has all of the,
Speaker 4: licensing all of the, insurance all of the, vans all
Speaker 4: of the, stuff all of the, tracking all of the,
Speaker 4: taxes everything they do, right you can't do time in.
Speaker 4: Materials you absolutely, cannot because the time to keep those
Speaker 4: vans on the road and a person, working they're only
Speaker 4: about at any one time sixty percent, occupancy meaning that
Speaker 4: sixty percent of their assets are working toward. Income it's
Speaker 4: impossible to have one hundred. Percent even when they're. Busy
Speaker 4: they can't run one hundred percent because jobs take longer
Speaker 4: than they, think and there's travel.
Speaker 1: Time and there's.
Speaker 4: Downtime so when you consider what they have to make per,
Speaker 4: hour it's never going to be just the labor. Rate
Speaker 4: there's something called fixed expenses and.
Speaker 1: Overhead like it or.
Speaker 4: Not when you don't take into consideration overhead of fixed
Speaker 4: expenses and the cost of sales and what it takes
Speaker 4: to run a, business then you're being. Unrealistic And i'm
Speaker 4: telling you, then don't hire those.
Speaker 1: People don't do.
Speaker 4: It go out and Get John smith in a truck
Speaker 4: with a toolbox who will never see you again if
Speaker 4: anything goes, wrong and if they burn down your, house
Speaker 4: there won't be any liability insurance to help. You so
Speaker 4: here's the. Deal you either face facts and pay what
Speaker 4: it costs to have a legit company do the, job or.
Speaker 4: Don't but one thing is incumbent upon. You ask, first
Speaker 4: do not complain. Later ask. First, Mike.
Speaker 1: Welcome to the, Show. Mike, Yeah now.
Speaker 4: You have a question about, retirement and you want to,
Speaker 4: know are you The, yeah that's, right that's just. Right So,
Speaker 4: pat did you do SOME i Have Pat jollif From
Speaker 4: wave Eight Wealth. Management, pat did you run numbers on
Speaker 4: that scenario on how to get some income what he
Speaker 4: would have to put away to have that immediate? Income because,
Speaker 4: really you, know numbers don't. Lie it is what it.
Speaker 20: IS i, did BUT i had to make some Assumptions
Speaker 20: tom as.
Speaker 1: Well, okay so let's let's say you what assuming what?
Speaker 20: Assumptions so we'll just start with this AND i can change.
Speaker 20: It BUT i used a mail or MAYBE i heard you,
Speaker 20: incorrectly fifty year old. Mail, yeah at fifteen thousand.
Speaker 1: Dollars twelve to fifteen.
Speaker 20: TWELVE i took the high side living to age, ninety
Speaker 20: so that's mortality and then. INFLATION i ran at three
Speaker 20: point seven, percent which is probably a little high given the,
Speaker 20: averages BUT i like to stress it and then initially
Speaker 20: positive at a rate of return of nine point five four. Net,
Speaker 20: yes you need three million and he won't run out of.
Speaker 4: Money he would need three million now, Yep.
Speaker 20: Okay that's one hundred and eighty thousand. Income that's growing
Speaker 20: the cost of the ice cream cones going up by
Speaker 20: three point.
Speaker 4: Seven so he took into consideration a really healthy inflation
Speaker 4: rate and a withdrawal rate of fifteen thousand a. Month
Speaker 4: but you would have to have that much money going,
Speaker 4: in and.
Speaker 20: You've got to get a rate of return a nine
Speaker 20: point five four, percent which is you, know it's not
Speaker 20: the most conservative portfolio in the world, either it's not the.
Speaker 4: More what do you think an annuity would do on
Speaker 4: that an immediate?
Speaker 20: ANNUITY i don't think that you'd get rates anywhere near that.
Speaker 4: On an immediate. Annuity it would be less than. That oh,
Speaker 4: yeah they're much much more conservative and of course less.
Speaker 20: Risky well, plus at that, age you're so much. Younger
Speaker 20: they've got to extrapolate that over forty. Years, yeah you're
Speaker 20: just not going to get the.
Speaker 4: Return, So, mike is there a reason you want to
Speaker 4: retire so?
Speaker 17: EARLY i have another business idea THAT i was going
Speaker 17: to invest into, also BUT i just wanted to have
Speaker 17: that put away for comfort and have that money coming
Speaker 17: in and pursue my other.
Speaker 7: Business.
Speaker 4: Also, well your, business after you sell it and pay
Speaker 4: any brokerage, fees you're going to have a little less
Speaker 4: than two. Million, Yeah so if you have any other
Speaker 4: investments you can put toward, it you can do.
Speaker 20: That AND i didn't calculate any tak into account any side,
Speaker 20: income anything else that you might be doing in a
Speaker 20: new er certainly didn't take into account of, course that
Speaker 20: you might get in the. Future so that's just it
Speaker 20: straw numbers.
Speaker 4: Exactly and then there's a really general rule on doubling your,
Speaker 4: money and that one, goes.
Speaker 1: How can we explain?
Speaker 3: It?
Speaker 1: Simply the rule of seventy two is you're talking.
Speaker 20: About just take the number seventy, two divide it by
Speaker 20: the rate of return you, expect and the result is
Speaker 20: the number of years it takes for your investment to
Speaker 20: double in. Value so if you take seventy two and
Speaker 20: you expect a ten percent rate of, return divide seventy
Speaker 20: two by, ten it's going to double in seven point two.
Speaker 20: Years that's the down and dirty on.
Speaker 1: That, Yeah SO i hope that answers your.
Speaker 4: Question. Mike i'm not saying you can't make some income
Speaker 4: on that, money but it's probably not going to be
Speaker 4: enough to retire on the amount of money you. Want
Speaker 4: BUT i think that you could with another, venture have
Speaker 4: a pretty good supplement coming in if you if you
Speaker 4: chop that in have or have seven or eight grand coming,
Speaker 4: in you could last a long, time have a. Cushion
Speaker 4: plus have your additional business venture you can fund a
Speaker 4: little so you, know just mull it around and always
Speaker 4: you can always call us too for personal financial analyzes
Speaker 4: of your situation for no, charge no obligation ever of.
Speaker 4: Course uh and you can contact us three oh three
Speaker 4: seven seven to one. Help that's A wave eight wealth.
Speaker 4: Management so we have more coming up on The Troubleshooter
Speaker 4: show three oh. Threes NOW i didn't take the thirty?
Speaker 4: Break is that? Right? AM? I over? Again is that
Speaker 4: the story of my? Life, OKAY i GOTTA i gotta
Speaker 4: take this break right. Now go with a sure Thing
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Speaker 4: Two Hey Tom marchino here THREE o three seven one
Speaker 4: three eight two five. Five it's been a busy, day
Speaker 4: a BUSY i Have Pat jollif with me From Hey Wealth.
Speaker 4: Management i'll bring him up. Now if you have a,
Speaker 4: call get it in three oh three seven one three
Speaker 4: talks seven one three eight two five. Five So. Pat
Speaker 4: the word of the day is tariffs and volatility in the.
Speaker 4: Market And i've said this just to people. Before if
Speaker 4: we bought a stock and it's, good it's still. Good.
Speaker 4: Tariffs some companies are not even affected by. TARIFFS i
Speaker 4: mean the only real people affected by the the real
Speaker 4: companies are the ones that import are export.
Speaker 20: Right, Right but that still affects a lot of.
Speaker 1: Companies oh, no it affects a lot of, companies no.
Speaker 4: Doubt but when you have quality and quality in a,
Speaker 4: company What i've tried to tell, people AND i think
Speaker 4: you echo, this if you have, quality the quality will
Speaker 4: not go away and will bounce back, exactly just unless
Speaker 4: a company is so on the edge it goes out of.
Speaker 4: Business if you took a flyer on a high risk,
Speaker 4: stock a new, issue you, know public offering new public
Speaker 4: offering that could happen where they just can't take, it
Speaker 4: or something like a, restaurant and THEN covid hits right.
Speaker 20: Right, well but if you have an established blue chip style,
Speaker 20: company established company that's got good, valuation it was good
Speaker 20: quality when you bought, it just because something's going on
Speaker 20: in the broad market that's causing devaluation, there it just
Speaker 20: creates mistakes and it creates opportunity for people with. Cash
Speaker 20: AND i say it creates mistakes because that's not fundamental
Speaker 20: and it does not mean that all of a, sudden
Speaker 20: the companies that you own because of a broad market
Speaker 20: devaluation will become a poor investment.
Speaker 4: Overnight the worst thing you can do is lock in
Speaker 4: those losses with a quick, sale.
Speaker 20: And, REALLY i think the worst thing that you can
Speaker 20: do is knee jerk. React and that's what creates the,
Speaker 20: volatility which then creates What buffet refers. To it creates
Speaker 20: mistakes in the, market and that makes people money that
Speaker 20: are greedy when others are, fearful and now's the time
Speaker 20: to do. That you've got great buys buying opportunities you're going.
Speaker 4: On so some of the stuff we do for people
Speaker 4: are called exchange traded, funds and they are groups of
Speaker 4: really good quality companies that you buy across those people
Speaker 4: don't buy and sell willy, Nilly and if you stay
Speaker 4: in that, fund the really good ones are actually buying
Speaker 4: right now.
Speaker 20: Right and a lot of those are managed based upon
Speaker 20: algorithms and so there's not an active manager that's being
Speaker 20: paid like we have with The metro, fund and so
Speaker 20: it's based upon market cap of the, company whether it's
Speaker 20: included in the fund or. Not but to your, point
Speaker 20: that's a good way that you can get in for
Speaker 20: not a lot of money and have really good. Diversification
Speaker 20: you can buy bi, sector you can diversify your portfolio extremely,
Speaker 20: well sure mitigate that risk and across the, board when
Speaker 20: you have this kind of evaluation going, on you see good,
Speaker 20: buys some good share prices for. Everyone so particularly if
Speaker 20: you have, cash you're in a position of strength right, now.
Speaker 4: Right and if you don't have, cash don't create cash
Speaker 4: and cement losses and then look to make up the.
Speaker 1: Losses that's where losses are. Cemented we call.
Speaker 4: It they're, done and now you're going to spend years
Speaker 4: and years sometimes trying to make that. Up whereas if
Speaker 4: you have your money in a quality, company you can
Speaker 4: make it up literally in three, hours, Right, right didn't
Speaker 4: we see?
Speaker 19: That?
Speaker 20: Absolutely my point.
Speaker 1: Talk about that bounce.
Speaker 4: BACK i, mean you don't get a bounce back like
Speaker 4: that once you cement a, loss then go out and
Speaker 4: try to make up for the. Loss it can take
Speaker 4: two or three or four or five.
Speaker 20: Years, yeah and you're going to see a lot of
Speaker 20: that bounce back come in just a few days through
Speaker 20: through a period of. Time. Right and it's easier for
Speaker 20: people to Say i'm too, NERVOUS i want to get
Speaker 20: out of the market and. Stay they're the harder. Question
Speaker 20: the impossible question is say when DO i get back
Speaker 20: in too?
Speaker 7: Late?
Speaker 1: Right Rebounds you've, missed that's.
Speaker 4: Right so they get out when they're, losing and then
Speaker 4: when things go, up they buy at a high price that.
Speaker 20: It feels worse to lose than it feels good to.
Speaker 4: Win R.
Speaker 20: Right and that affects people emotionally and they make poor
Speaker 20: decisions with.
Speaker 4: Them, now over the long, run whether you, KNOW i
Speaker 4: know people like dissing the, Market but over the long,
Speaker 4: run the market has always made.
Speaker 1: Money now that you've had tremendous periods.
Speaker 4: Of, losses but those losses were for people who panicked and.
Speaker 1: Sold here's the bottom. Line if you.
Speaker 4: Have a quality, portfolio the losses can be made up
Speaker 4: in a. Day do you understand, that because those same
Speaker 4: companies bounce back in a. Day if you sell them
Speaker 4: and go to cash and then try to buy back
Speaker 4: in and make up, losses you can be out of
Speaker 4: out of the, money out of the profit picture for five.
Speaker 4: Years so when people, say, oh it takes years and
Speaker 4: years to make up for, losses they're correct for those
Speaker 4: who cemented and sealed those. Losses but if you ride
Speaker 4: the mark it wave hint hint wave. Eight if you
Speaker 4: ride the market, wave those quality companies will bounce back. Quickly,
Speaker 4: now when they bounce, back if you'd like to then
Speaker 4: look at other, opportunities that's the time to sell and
Speaker 4: to go to cash when you have not cemented in your.
Speaker 4: Losses it's very, practical it's very, wise and it's very. Doable,
Speaker 4: also there are times when PEOPLE i don't know what it,
Speaker 4: is but they listen to these news reports and Pat
Speaker 4: i've listened to a lot of news reports that have
Speaker 4: nothing to do with reality because they're talking about the
Speaker 4: economy as if it's a picture a, portrait and it's.
Speaker 1: Not it's a moving it's a.
Speaker 4: Video it's happening, constantly so you can't get a snapshot
Speaker 4: and think you know.
Speaker 20: It, No, No friedman talked about you know very. Well
Speaker 20: Loned economs, said free market economy is so. Complex it's,
Speaker 20: breathing it's, living and it's constantly. Moving and there's not
Speaker 20: a brain on the planet will ever completely comprehend it
Speaker 20: in one in one.
Speaker 1: DAY i, mean you just can't do.
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Speaker 4: BUT i wanted TO i wanted to mention that there
Speaker 4: are some cards right now offering it if you play it,
Speaker 4: right it's going to be good for. You they offer
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Speaker 4: period of, time and then it reverts to the old
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Speaker 4: if you can get into a credit card with zero
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Speaker 17: Me