Every so often, I run across the opportunity to win a nice car for the price of a raffle ticket. Usually they're about $5 to win a 1980s Mustang or Camaro - reasonably nice, but nothing too extravagant. The rafflers are usually a Kiwanis club or other service organization or church, so it's typically a good cause on which to risk a 5-spot.
But then today, Aaron Gold (About.com's Guide to Cars) forwarded me a press release from The Catholic Parish of Saint Bernard in Rockport, Indiana. The long and short of it is that the good folks at Saint Bernard's are raffling off a very nice 1957 Fuel-Injected Corvette and each raffle ticket is $30, or you can buy 4 tickets for $100.
Now, I'm pretty sure that About.com's ethics policy would discourage me from promoting any sort of gambling through this channel, so I'm not endorsing this raffle in any way. What I want to do is mention some facts about raffles like this.
The first thing to note is that the parish is selling 10,000 tickets at $30 each. They're going to raise $300,000 if they sell all the tickets, and the value of the car is estimated at $83,000. I have no issue with the church making a few dollars on the deal, but it's worth knowing that your ticket is a 1 in 10,000 shot at the car.
Secondly, while there's no reason to doubt the value estimate, and the parish provides a nice photo gallery of the car, they do mention in the detailed description that the car is an "NCRS-style" restoration. That means it probably does not have any official certifications to back up that value estimate.
Still, it's a '57 Fuelie, and it looks fantastic. And $30 is barely dinner for two at a diner these days, and wouldn't it be nice to be the person who drives away in this car? Hmmmm....