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Old 02-20-2016, 10:09 AM   #1
37 Coupe
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Default Re: 40 Ford Raffle

I think the car raffle price for tickets and the odds or the number of tickets printed was very fair. Compared to a lot of other car raffles/fundraisers it is about the best bargain I have ever seen.Mayby this is because of the generosity of the donor with no investment into the prize but I bet the foundation could have done a lot better raising funds. If tickets are already almost sold out they could have probably sold a lot more especially into the National meet time. Must have needed some quick cash.Again not complaining about the odds but think they missed a better opportunity for fund raising in a longer period of time. Car appraised at $40,000,tickets to sell $40,000. very fair.
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Old 02-20-2016, 11:04 AM   #2
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Default Re: 40 Ford Raffle

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Originally Posted by 37 Coupe View Post
I think the car raffle price for tickets and the odds or the number of tickets printed was very fair. Compared to a lot of other car raffles/fundraisers it is about the best bargain I have ever seen.Mayby this is because of the generosity of the donor with no investment into the prize but I bet the foundation could have done a lot better raising funds. If tickets are already almost sold out they could have probably sold a lot more especially into the National meet time. Must have needed some quick cash.Again not complaining about the odds but think they missed a better opportunity for fund raising in a longer period of time. Car appraised at $40,000,tickets to sell $40,000. very fair.
I agree with you they could have sold twice the amount of tickets and still would have been a good deal and made more money for the foundation.
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Old 02-20-2016, 12:44 PM   #3
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Default Re: 40 Ford Raffle

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Originally Posted by 37 Coupe View Post
I think the car raffle price for tickets and the odds or the number of tickets printed was very fair. Compared to a lot of other car raffles/fundraisers it is about the best bargain I have ever seen.Mayby this is because of the generosity of the donor with no investment into the prize but I bet the foundation could have done a lot better raising funds. If tickets are already almost sold out they could have probably sold a lot more especially into the National meet time. Must have needed some quick cash.Again not complaining about the odds but think they missed a better opportunity for fund raising in a longer period of time. Car appraised at $40,000,tickets to sell $40,000. very fair.
Understand the rationale but there is another side to the discussion...if the raffle were open-ended, how many folks would have bought tickets? I bought mine because I knew that there would be a reasonable chance of winning. I don't buy lotto tickets because the odds are so outrageous that it is just a waste of money. This was a very generous gesture on the part of the owners, some day I wish that I will be in a position to do the same to support such a worthwhile cause.
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Old 02-20-2016, 04:14 PM   #4
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Default Re: 40 Ford Raffle

I have belonged to the V8 Club since 1971 and this is the best raffle I have ever seen the Club ,well actually this is for the foundation ,do. I remember at the 1973 Grand National the first when it was safe to have them in Dearborn a new 1973 Pinto Squire wagon was given away about 1978 or so one of the meets raffled off a restored 47 or 48 convertible and that is about it for cars as I remember than came along engines.All of these other raffles were given a lot of coverage in the magazine before drawing probably at least 6 months prior. Its all good though very fair for all.
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Old 03-17-2016, 12:25 PM   #5
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Default Re: 40 Ford Raffle

At the first Eastern National Meet in Charlotte, they had a raffle for a WWII Ford Jeep. That was what set my dad off on a quest and ended up with 17 of them and 2 GPA's!!
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Old 03-17-2016, 12:37 PM   #6
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At the first Eastern National Meet in Charlotte, they had a raffle for a WWII Ford Jeep. That was what set my dad off on a quest and ended up with 17 of them and 2 GPA's!!
rockfla, That made me laugh!
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