Tuesday, March 31, 2009

WANTED: Special Buyer for 2005 Mustang Convertible “RADPNY” Street Monster. Proceeds will Benefit Children of Garland ISD Athletics Department.






PRESS RELEASE
FOR IMMEDIATE RELEASE

5-1-09

WANTED: 2005 Mustang Convertible “RADPNY” Street Monster Seeks Special Buyer. Proceeds will Benefit Children of Garland ISD Athletics Department.

GARLAND, TX – “Coach” James Goode, former Garland ISD coach and scout, and Randall Reed, owner of Prestige Ford Lincoln Mercury located in Garland, have teamed up for a good cause to benefit the kids of Garland ISD.

Goode has put his beloved and famed hell horse of a 2005 GT Mustang convertible plate named “RADPNY” up for sale. The supercharged 650 horsepower horse of a Mustang has over $110,000 in goodies and countless hours put into it and has only a humble 11,000 miles. The asking price is a tame $50,000.

Upon sale of the car, Goode will donate $5,000 (10% of the selling price) and Reed will match it with another $5,000 with the whole $10,000 going to the Garland ISD athletics department for athletics equipment and facilities improvement.

"It's rare for such a vehicle, especially one as personally meaningful as Goode’s Mustang, to be sold for such a price to benefit such a good cause," said Randall Reed, President/Owner of Prestige Ford Lincoln Mercury. "Goode is giving Mustang lovers and enthusiasts a singular opportunity to take home an ultimate street monster. It’s an admirable way to sell such a customized personal vehicle."

The RADPNY performance goodies inside and out include:
• Power plant – engine is nearly “bullet proof” with all forged internals.
• Aluminum Block
• Kellog Crank – 4340 Steel
• Rods by Modulax – 4340 steel
• C P Pistons Forged Dish
• BBR Cam Shaft
• Valve lift .480 Exhaust .480
• Duration Intake 270 degrees. Exhaust 276 degrees.
• Springs Comp Cams
• Injectors 60# High Impedance
• Vortech Super Charger
• Exhaust by Corsa
• X Pipe 3” Hi Flo Cats
• Headers Ford Racing Short Tube
• Spark Plugs – Ford Racing
• Main Bolts – Arp Studs
• Flywheel- Mc Loud Aluminum
• Clutch Ram 400
• Suspension by Air Ride Technologies
• Brakes – Baer 16” 3 Piston Front, 2 Piston Rear
• Custom Paint by Best in Show
• Custom interior by Morris Custom Upholstery
• ICE – Xtreme Audio
• Gauges by Autometer
• HP Crank 650
• RWHP 517.84
• Torque 484.54

"Randall and I are working together for a common purpose. The money raised from the sale to the Mustang will provide much needed athletics equipment and resources for the children.” says James Goode. “This is just the beginning.”

“Coach” James Goode spent 36 years in education including 12 years with Region 10 Education Service Center in Richardson and 8 years with Region 4 Education Service Center in Houston as assistant department Director as well as adjunct professor at the University of Houston. In 1997, he move back to the North Texas area with his wife to be able to spend more time with their children. Once back in the north Texas area, he went to work at the Garland Independent School District as a teacher, coach and football scout in different high schools and middle schools through out the district.

And with over 30-years of automotive experience, Randall Reed, with his wife Sherry, own one of the largest, privately-held dealer groups in the country with dealership locations in greater Houston, Dallas and Huntsville, Texas. Randall sold out of Prestige in 1997 after the death of his majority partner, Bill Beck. In 2007 Mr. Beck’s widow called Randall and asked him to buy back Prestige. Randall and his wife were more than happy to do it! Randall believes that it’s not the deficiency of knowledge that disables ordinary people from accomplishing extraordinary goals; it's the deficiency of execution! His equation to success is: Work hard + honesty + treating people fairly = SUCCESS. Current franchises include Ford, Lincoln, Mercury, Dodge and Hyundai. The Randall Reed dealerships have a long history of sponsoring numerous local events and special programs that benefit disadvantaged families and children.

Interested buyers should call: Ted Karlsen at 972-864-3667

Additional photo portfolio available upon request.

Press Release coverage can be found at:
PRLog

NEWS: Special Tax Break Available for New Car Purchases This Year

IR-2009-30, March 30, 2009

WASHINGTON — The Internal Revenue Service announced today that taxpayers who buy a new passenger vehicle this year may be entitled to deduct state and local sales and excise taxes paid on the purchase on their 2009 tax returns next year.
“For those thinking about buying a new car this year, this deduction may give them a little more drive to make their purchase this year,” said IRS Commissioner Doug Shulman. “This deduction enables taxpayers to buy now and get cash back later on their tax returns.”

The deduction is limited to the state and local sales and excise taxes paid on up to $49,500 of the purchase price of a qualified new car, light truck, motor home or motorcycle.

The amount of the deduction is phased out for taxpayers whose modified adjusted gross income is between $125,000 and $135,000 for individual filers and between $250,000 and $260,000 for joint filers.

IRS also alerted taxpayers that the vehicle must be purchased after Feb. 16, 2009, and before Jan. 1, 2010, to qualify for the deduction.

The special deduction is available regardless of whether a taxpayer itemizes deductions on their return. The IRS reminded taxpayers the deduction may not be taken on 2008 tax returns.

For more information go to: www.irs.gov/newsroom/article/0,,id=205863,00.html