R Kings and other car raffles

TrailerBob

I've entered one or two, but mainly avoiding the cars, as you will likely end up with a VRT bill, and have no history worth talking about or any comeback with major faults. Add to that, some of the cars are almost uninsurable in the Republic. Having said that, if you want to take the chance, they have some nice stuff

ELM327

In fairness for 10-20 quid I'd be happy to have any of the cars I've entered for! What comeback would you want, 20 quid back? lol

JustJoe7240

They definitely have a target demographic, You'd almost think a matching tracksuit and bikes were a prerequisite for entering.

unhappys10

What is wrong with the people saying they wouldn't enter due to big tax, vrt etc
You could win a car worth thousands for 30 euro.
Sell it for 100 if you're so worried, you're up 70.
No one said you have to keep it, jeez.

Mc Love

What's the story with the Clear Comments?

unhappys10

Mc Love wrote: »

What's the story with the Clear Comments?

He uses a random generator on Google, so once a draw is complete he changes the range and generates a few results to "clear" things, not really needed imo but just brings extra transparency.

Then for next draw he'll set the range and generate the result.

The clear comments are just people commenting saying they are happy that the last result is wiped and they are ready for the new one.

Mc Love

I was just typing random phrases after the clear - at least he got a good laugh out of it.

There seems to be one lad entered in nearly every draw - hear his name being mentioned on it the whole time

shaveAbullock

Mc Love wrote: »

I was just typing random phrases after the clear - at least he got a good laugh out of it.

There seems to be one lad entered in nearly every draw - hear his name being mentioned on it the whole time

It's only a raffle though, so it's not like it will attract compulsive gambers.

Northern Monkey

Northern Monkey wrote: »

LP560-4 gallardo

This should be going live at 6 today.

Northern Monkey

https://www.rkingscompetitions.com/competitions/11lamborghinigallardolp560

shaveAbullock

Northern Monkey wrote: »

https://www.rkingscompetitions.com/competitions/11lamborghinigallardolp560

Maybe me being negative but what are the chances of the winner being able to maintain that car to a good standard?

unhappys10

shaveAbullock wrote: »

Maybe me being negative but what are the chances of the winner being able to maintain that car to a good standard?

That's not a car, that's a sizeable house deposit.

cena

That car is only fit for the motorways. It's going some lad deep in the country side that well win it

shaveAbullock

And it's gone from that link?

Had a look at similar cars with a uk reg. £80k - £90k
When they have sold all tickets they will take in £100k

How much would they have to pay in tax on the £100k?

Somepeople

shaveAbullock wrote: »

And it's gone from that link?

Had a look at similar cars with a uk reg. £80k - £90k
When they have sold all tickets they will take in £100k

How much would they have to pay in tax on the £100k?

Pay tax on whatever is left from the 10-20k profit after expenses.

Main expenses
Transaction fee of 1 or 2%
Cost of transporting car to their premises

shaveAbullock

gov.uk says all lawful lotteries are exempt form duty. But also says 12% of all tickets sold must be paid in duty. If all lawful lotteries are exempt what kind of lotteries are not?

Dr Turk Turkelton

Did the lambo sell out in less then 45 minutes?

shaveAbullock

Dr Turk Turkelton wrote: »

Did the lambo sell out in less then 45 minutes?

35 mins You just know that's the €350 payment some are getting right now gone :P

Somepeople

shaveAbullock wrote: »

gov.uk says all lawful lotteries are exempt form duty. But also says 12% of all tickets sold must be paid in duty. If all lawful lotteries are exempt what kind of lotteries are not?

Apparently it falls under a game of skill not a lottery as you have to answer a simple question.

mooseknunkle

Dr Turk Turkelton wrote: »

Did the lambo sell out in less then 45 minutes?

In 35 minutes,100k made in 35 minutes!

Kevwoody

I think the thread title is unfair to the owners of this company. It's clearly not a scam, and the thread is being used now to discuss prizes.

Can a mod change it to something more suitable?

shaveAbullock

Somepeople wrote: »

Apparently it falls under a game of skill not a lottery as you have to answer a simple question.

Good point. They are a registered company so you would think they would owe some tax on profits then.

RandomViewer

FrancieBrady wrote: »

Sounds like the sales patter for those chain letter things that did the rounds when I was a student...'I know a fella made a 100,000 out of it'.

I know a woman who has won twice, and someone at work won a car a few week ago, not my thing but it's seems straight up

shaveAbullock

There is no doubt it's not a scam. Actually scamming would be bad for business, with the amount they are making on each draw and many people entering because they know a friend of a friend who has won.

I do think the current law was designed for charities to make money so it's only a matter of time before the law is amended.
But in the mean time they will make plenty off of this.

ELM327

Damn, missed the lambo

ofcork

Garage in cork have a beautiful 2011 S350 up at the moment.

adam88

ofcork wrote: »

Garage in cork have a beautiful 2011 S350 up at the moment.

Nice machine but the cost of running it would out ne off it

Darksoul

Toyotafanboi wrote: »

What's the story with the raffle end time? Say only 10 people enter at a fiver an entry, does the car get rafdled anyway (surely not?) or do you get your fiver back or what?

You get refunded back your fiver if they don't sell all tickets required within the time limit.

I don't see many cars lately hitting the targets and successfully completed on that site.

ofcork

Another one has 2013 ni reg M5 supposedly with 635bhp up.

Gumbo

ofcork wrote: »

Another one has 2013 ni reg M5 supposedly with 635bhp up.

Easily achieved on the F10 with stage 1 mods and remap.

shaveAbullock

So how does this one work?
Seems to be based in the republic
No question to answer just enter credit/debit card details so not even a fake game of skill

https://theferrariexperience.ie/product/win-a-ferrari-488-gtb/

PrettyBoy

shaveAbullock wrote: »

So how does this one work?
Seems to be based in the republic
No question to answer just enter credit/debit card details so not even a fake game of skill

https://theferrariexperience.ie/product/win-a-ferrari-488-gtb/

They keep changing the date of the raffle - does my head in. It was scheduled for May 1st previously. I'd take a wild guess that it will be re-scheduled again for a date June soon. Also a bit skeptical about the claim that the proceeds are going to Pieta House - an extremely small percentage of the proceeds?

Saw that a young guy won the Lambo on R Kings, I'd imagine he's having some session tonight :cool:

shaveAbullock

I missed that about all profits going to charity so that would probably make it legal.

The change of date just means the tickets are selling very slow.

Henry Ford III

I don't like car raffles. They pray on the vulnerable I feel.

dulpit

PrettyBoy wrote: »

Saw that a young guy won the Lambo on R Kings, I'd imagine he's having some session tonight :cool:

That'll be a fun conversation with the insurance company...

nigeldaniel

I would not go for raffle type thing myself. I have seen far too many dubious cars and motorbike draws online and all for a 20 euro ticket. It just does not sit well with me. I always used to think a person needed a permit or licence of some sort to do lottery-type things myself.

unhappys10

nigeldaniel wrote: »

I would not go for raffle type thing myself. I have seen far too many dubious cars and motorbike draws online and all for a 20 euro ticket. It just does not sit well with me. I always used to think a person needed a permit or licence of some sort to do lottery-type things myself.

Rkings is based in the North so doesn't fall under our laws down here.
They are also legitimate so your comment has nothing to do with this thread.

adam88

unhappys10 wrote: »

Rkings is based in the North so doesn't fall under our laws down here.
They are also legitimate so your comment has nothing to do with this thread.

They don’t need one down here either. Think of the competitions on RTÉ during the day and on the late late. Once you ask a question you get over the requirement to have a licence

Gumbo

nigeldaniel wrote: »

I would not go for raffle type thing myself. I have seen far too many dubious cars and motorbike draws online and all for a 20 euro ticket. It just does not sit well with me. I always used to think a person needed a permit or licence of some sort to do lottery-type things myself.

Well you’d be incorrect as they are completely legal.

BronsonTB

Doing something right....Celica GT4 raffle sold out within 2 hours...

eljono

BronsonTB wrote: »

Doing something right....GT4 raffle sold out within 2 hours...

Cayman GT4?

shaveAbullock

Henry Ford III wrote: »

I don't like car raffles. They pray on the vulnerable I feel.

Very true. That's why there are regulations to cover raffles but a loophole has been found. I expect the loophole to be removed in the not too distant future.

Patser

PrettyBoy wrote: »

They keep changing the date of the raffle - does my head in. It was scheduled for May 1st previously. I'd take a wild guess that it will be re-scheduled again for a date June soon. Also a bit skeptical about the claim that the proceeds are going to Pieta House - an extremely small percentage of the proceeds?

Saw that a young guy won the Lambo on R Kings, I'd imagine he's having some session tonight :cool:

All references to Pieta house are gone now from the Ferrari raffle, instead a more vague 'towards front line workers' is there instead with no figures mentioned - previously they had pledged at least €20,00 to Pieta.

To be fair, when the postponed last time, they did include in their apology a statement that they had donated €5000 to a hospital towards meals for the staff.

bf

Patser wrote: »

All references to Pieta house are gone now from the Ferrari raffle, instead a more vague 'towards front line workers' is there instead with no figures mentioned - previously they had pledged at least €20,00 to Pieta.

To be fair, when the postponed last time, they did include in their apology a statement that they had donated €5000 to a hospital towards meals for the staff.

I saw the Ferrari yesterday & it’s on U.K. plates

Patser

bf wrote: »

I saw the Ferrari yesterday & it’s on U.K. plates

Yeah, I've seen them post a few times on twitter a yellow reg car, but that looks to be one of the Spiders.

Terms and conditions clearly says - will be on Irish plates

shaveAbullock

They won't be paying for VRT unless enough entries sell. They seem to be really struggling to sell them.

adam88

R.Kings easily making 10k a day I reckon

Duke O Smiley

adam88 wrote: »

R.Kings easily making 10k a day I reckon

A lot more than that

Those lads are living the dream

shaveAbullock

Duke O Smiley wrote: »

A lot more than that

Those lads are living the dream

The business is making a lot more than €3.65 million profit a year?

Duke O Smiley

I would say their profits are into the millions certainly