How much would you pay in a raffle to win my car?

[Garth]

I've seen this done with houses before and it's a great idea becase someone walks away with a ridiculous bargain....

Let's say if I wanted to sell my car for £7500 minimum. That means if I could sell tickets at £50 each, I would only need to sell 150 to make my minimum, then after 20 days or whatever the agreed period was, I pulled a ticket out of the hat and the winner gets my car. Not bad for £50 I think you'll agree!

Just thinking about it at the moment, but I think that between all my mates and a couple of forums, I could easily get way over 150 sales if I pitched the price right. If I put the price at £10 a ticket, I would need to sell 750 minimum, but then who wouldn't buy one at that price?

So the question is this, what is the maximum you would realistically pay for a ticket? The odds are literally millions of times better than the lottery 

[edd666999]

I'd have a punt at £10. Wouldn't bother at £50

[vRStu]

As above £10 is a punt, I may buy 2 but at £50 I wouldn't bother.

[shaky]

defo couple of tickts for a tenner! 

[vRS Carl]

I'd have a go at £10 - pushing it at £20 but not £50.

Just to give you an idea i have entered a competition to win a supercar a couple of times in the airports and they are only £20 a go

[Boothy]

I'd pay £50...then another £50 in your top pocket if you catch my drift 

[RedRobin]

.
If I really fancied owning your car I'd go to a max of £20 for a ticket. Seriously good idea  

But to be very honest frank, if I didn't much like the person whose ticket I pulled out, I'd be very tempted to pull out another ticket. I know! That's not very honest  

[stealthwolf]

Which is why it should ideally be done in an independent controlled situation. Otherwise there'd be a lot of biaising.

[matsu]

I'd have a couple but I'd wanna know it wasn't a fix ala RR's post. How would you convince the participants it was kosher lol
matsu

[RedRobin]

I'd have a couple but I'd wanna know it wasn't a fix ala RR's post. How would you convince the participants it was kosher lol
matsu

I think that one way to protect the raffle ticket buyers from someone like me would be to have the draw witnessed publicly. Of course I would have earlier changed all the tickets to have the same identity of my favoured buyer     

[Janner_Sy]

If everyone else pays 10-20, ill pay 50 if yoo take that into consideration when picking the raffle ticket.  it';ll save me looking for a car lol

[gti265]

id be up for it at a tenner, mabey 20 but not any more, you coudl mabey do the draw online by webcam or somthing??

[Greeners]

As has been said already, if you can give concrete guarantees that the draw is 100% kosher then you may sell enough tickets, but you will need to take into account the associated costs of doing this properly.

[Janner_Sy]

maybe the forum can hold the money and do the raffle on his behalf?  i personally think this is a good idea.  any extra cash over his asking price could go to forum running costs

[stealthwolf]

Or at least pay for fuel for the car!