# Another question about fixing up my 1968 442 **URL:** \ **Category:** Maintenance/Repairs\ **Tags:** cutlass, oldsmobile\ **Created:** [May 8, 2017, 12:16am UTC](https://community.cartalk.com/t/another-question-about-fixing-up-my-1968-442/103719 "2017-05-08T00:16:36Z")\ **Posts on this page:** 9\ **Page:** 4
**Author:** ![Cryoman](https://avatars.discourse-cdn.com/v4/letter/c/848f3c/32.png) [@Cryoman](https://community.cartalk.com/u/Cryoman)\ **Post date:** [April 30, 2024, 7:56pm UTC](https://community.cartalk.com/t/another-question-about-fixing-up-my-1968-442/103719/61 "2024-04-30T19:56:09Z")
That was my thought too. ---
**Author:** ![Cryoman](https://avatars.discourse-cdn.com/v4/letter/c/848f3c/32.png) [@Cryoman](https://community.cartalk.com/u/Cryoman)\ **Post date:** [April 30, 2024, 7:58pm UTC](https://community.cartalk.com/t/another-question-about-fixing-up-my-1968-442/103719/62 "2024-04-30T19:58:02Z")
Here’s an idea to relieve the boredom…bid 50k on this really nice 442 convertible up at auction and see if anyone outbids you! You’ll be on the edge of your seat for the next hour and a half. ---
**Author:** ![davesmopar](https://sea1.discourse-cdn.com/cartalk/user_avatar/community.cartalk.com/davesmopar/32/41750_2.png) [@davesmopar](https://community.cartalk.com/u/davesmopar)\ **Post date:** [April 30, 2024, 8:07pm UTC](https://community.cartalk.com/t/another-question-about-fixing-up-my-1968-442/103719/63 "2024-04-30T20:07:38Z")
🤣 Only 2 issues with that, 1st money, 2nd My Road Runner… ---
**Author:** ![davesmopar](https://sea1.discourse-cdn.com/cartalk/user_avatar/community.cartalk.com/davesmopar/32/41750_2.png) [@davesmopar](https://community.cartalk.com/u/davesmopar)\ **Post date:** [April 30, 2024, 9:17pm UTC](https://community.cartalk.com/t/another-question-about-fixing-up-my-1968-442/103719/64 "2024-04-30T21:17:16Z")
Congrats to the new owner… And Musicmonger came in out of nowhere with only 2 minutes to go… lol ---
**Author:** ![texases](https://sea1.discourse-cdn.com/cartalk/user_avatar/community.cartalk.com/texases/32/862_2.png) [@texases](https://community.cartalk.com/u/texases)\ **Post date:** [April 30, 2024, 9:17pm UTC](https://community.cartalk.com/t/another-question-about-fixing-up-my-1968-442/103719/65 "2024-04-30T21:17:28Z")
$9,000 jump at the end…wow… ![image](https://global.discourse-cdn.com/cartalk/original/3X/a/4/a4d23fa9b2a139f5ced15ef9899721a5def9194d.png) I’m guessing somebody put in a max bid that beat others’ automated max bids, we only see the winning one. Otherwise, why jump it up 50%? ---
**Author:** ![texases](https://sea1.discourse-cdn.com/cartalk/user_avatar/community.cartalk.com/texases/32/862_2.png) [@texases](https://community.cartalk.com/u/texases)\ **Post date:** [April 30, 2024, 9:31pm UTC](https://community.cartalk.com/t/another-question-about-fixing-up-my-1968-442/103719/66 "2024-04-30T21:31:42Z")
You’d think these auction sites would get higher bids if there was an automatic, say, 30 second extension for bids at the deadline. What am I missing? ---
**Author:** ![bing](https://sea1.discourse-cdn.com/cartalk/user_avatar/community.cartalk.com/bing/32/4619_2.png) [@bing](https://community.cartalk.com/u/bing)\ **Post date:** [April 30, 2024, 9:54pm UTC](https://community.cartalk.com/t/another-question-about-fixing-up-my-1968-442/103719/67 "2024-04-30T21:54:29Z")
Well will that cover some of your costs? Of course you have to wait until the check clears and it’s on the trailer. That’s why I quit trying to bid on eBay. Someone always had a sneaker bid at the end. If I can’t do a buy now, I don’t Bother. ---
**Author:** ![Beancounter](https://avatars.discourse-cdn.com/v4/letter/b/59ef9b/32.png) [@Beancounter](https://community.cartalk.com/u/Beancounter)\ **Post date:** [May 1, 2024, 9:58pm UTC](https://community.cartalk.com/t/another-question-about-fixing-up-my-1968-442/103719/68 "2024-05-01T21:58:50Z")
Not only are Long Term Capital Gains taxed at a low tax rate, the tax is only on the Gains. Sale Price LESS the original cost of acquisition, the cost of improvements and the capitalized costs of maintaining your “investment”. There’s a bunch of other rules that apply but in the “Real World” I’ve never seen an IRS Examiner show much of an interest in a Recent Classic unless it was a half hour chat to talk about “when we were kids and running around in these cars and now we’re butting braces on our own kid’s teeth”. 🤣 ---
**Author:** ![MikeInNH](https://avatars.discourse-cdn.com/v4/letter/m/a587f6/32.png) [@MikeInNH](https://community.cartalk.com/u/MikeInNH)\ **Post date:** [May 2, 2024, 11:56am UTC](https://community.cartalk.com/t/another-question-about-fixing-up-my-1968-442/103719/69 "2024-05-02T11:56:32Z")
> [@Beancounter](#): > > Sale Price LESS the original cost of acquisition, the cost of improvements and the capitalized costs of maintaining your “investment”. That depends on if you’ve already deducted them over the years. [Previous page](https://community.cartalk.com/t/another-question-about-fixing-up-my-1968-442/103719.md?page=3)