Re: UP Locomotive Auction-San Antonio
Author: Shortline Sammie
Date: 04-03-2009 - 17:20
Bill Wrote:
-------------------------------------------------------
> Dick.
> For grins, lets say I bought the switcher #1137
> for $137,500.00. Just what do I get for my
> $13,750.00 buyers fee? Is this a penalty just to
> be able to by their used equipment or does this
> include money transfer fees, documentation,
> attorney's fees, storage fees. etc.? Is there
> sales tax on top of that $137K ? Not forgetting
> that I get to pay to get the thing moved to my
> location and rehab it once it gets there. Although
> for 137K it had better be in pretty fair shape.
> Never mind, It won't.
> Bill
Up agreed to move the units anywhere on the UP system one time. Buyer was responsible, however, for any repairs necessary to move them. The State of Texas exempts railroad equipment used in Interstate Commerce from sales tax.