Allstate Insurance Motorcycle Sweepstake

perewitzbikeatcyrilhuzeblogAll big insurance companies are courting Bikers. And one of the best ways is to do it is to offer them a chance to win a custom motorcycle.  You don’t need to be insured by Allstate or to buy anything. Of course you will need to give your full contact information which will feed a massive fresh prospection listing to use by Allstate agents. The Bobber to win is valued at $50,000 and was built by Dave Perewitz. It is based on a Leroy Thompson frame and 23” wheels equipped with perimeter discs,  brembo brakes and dressed in Avon tires. Powerplant is a combo STD/Pan/Evo  and transmission is Baker 6-speed into 4 box. To participate, go to: Allstate Garage.

30 Responses to “Allstate Insurance Motorcycle Sweepstake”

  1. 1 KT May 29th, 2009 at 1:35 pm

    I’ve had the pleasure of seeing the bike in person and who ever wins it will be very lucky and very happy. Good luck!!!

  2. 2 Brandon May 29th, 2009 at 2:02 pm

    50K? I doubt, but still very nice to win for free.

  3. 3 Road12 May 29th, 2009 at 2:56 pm

    50K ahahahah too funny…. we might be in good hands with Allstate but this is not the value of this bike. Thank you marketing team. Nice bike though

  4. 4 Grayhawk May 29th, 2009 at 4:50 pm

    You might not be near as happy if you go to register it and pay all the applicable taxes on the $50k so called value on sales and revenue gain taxes.

    Insurance company does its advertising write off based on the $50k value stated plus.

    Builder does accordingly based on how/what, ??, he contracted or gifted/traded out himself on the build deal with Allstate and both utilize whatever magic their CPA’S can work and I can’t relly blame them for that part.

    I just have seen so many poor suckers win a car/bike or whatever and have to sell it as they could not afford such a nice winfall. The emotional highs to win such a nice ride should not be followed by the crushing reality lows when you realize you can’t afford to keep it. Adopt the winner, call it a family gift at the $25k family yearly gift allowable for value. Dis-own the winner the next year, ha. Gotta be a way.


  5. 5 Rod Marshall May 29th, 2009 at 4:55 pm

    Grayhawk, you made a very intelligent comment. The winner will have to pay taxes on his gain at his tax bracket, probably 28% to 33%, plus sales tax. During this time Allstate has a write off of 50K! And surprise, if he wants to sell the bike, he gets 20K to 25K maxi if he finds a buyer in this economy… By the way, is the bike road legal for titling?

  6. 6 Road12 May 29th, 2009 at 5:05 pm

    Exactly… I would rather enter to win a free insurance contract for 5 years for al my vehicles than a fake 50K bike with 23″ wheels that you can only ride 20 miles before it breaks down or get pulled over because it has no turn signals.

    Free insurance for your bike would be a better marketing approach than some stupid bobber nobody can ride or resell…. no matter how nice the bike might look.

  7. 7 Shifter May 29th, 2009 at 5:05 pm

    And if the winner can’t pay the taxes, can’t sell the bike for $20K, Allstate proposes to keep it for $15K, and for this price gets a lot of good advertising during the sweepstakes, and showing the bike around in rallies convince bikers that Allstate love bikers…Huuuh. Don’t you love the corporate world?

  8. 8 Brent May 29th, 2009 at 5:09 pm

    I already know the winners: Allstate & Perewitz. All the others lose.

  9. 9 James Kusak May 29th, 2009 at 5:11 pm

    Nice to see that readers of Cyril’s blog are quite intelligent.

  10. 10 Dino May 29th, 2009 at 6:16 pm

    It;s a cool looking bike but it is as much a Leroy Thompson bike than a Perewitz one.

  11. 11 MotoXcycle May 30th, 2009 at 8:43 am

    Dave Perewitz builds bikes for people that drive them. He only uses parts that he knows will stand the test of time on the road and he makes sure his custom bikes are reliable rides that you can drive on a daily basis without fear of breaking down on the side of the road.

    I’m sure that bike is worth every penny it’s valued at. After all it’s built by someone with over forty years of experience in building custom motorcycles!

  12. 12 JT May 30th, 2009 at 9:09 am

    Maybe I’ll win it. I can afford the taxes. Beautiful bike Dave!

  13. 13 South Side Kustoms May 30th, 2009 at 9:49 am

    WOW–and people wonder why the economy is in the crapper. Judging by the responses, I now see a big part of it–people’s attitude.

    We at South Side Kustoms do charity bikes every year to benefit a charity, like the Ruben Brown Foundation for next year’s Ruben Brown Run. You pay the Sales Tax at the DMV, for your area, when you go register the bike. When you file taxes for the year you won the bike in, you have to claim it’s value, which goes on your capital gain claim or lottery win form. Whatever your state may call it. Not sure in this case who writes the value letter, that you hand to your tax prepairer. Also, it’s a tax game people this goes ontop of your taxable income which can be lowered by amount of write off’s per year, like sales tax you pay every year can be tallyed and written off, just make sure you have all the receipts to prove it. ALSO KNOW THAT a LiCENSED APPRAISER , trumps any value letter and is accepted for taxes. What helps us every year is that the bike value can only be written based on cost of parts because our labor and painter labor is donated and labor can’t be written off., when it comes to charity. With this bike raffle for a corporate company they agree on a cost from the builder.

    As far as it’s worth, remember people, both Leroy Thompson and Perewitz both put out quality products, which cost more than your Jireh catalog and are more reliable. Hey doesn’t Leroy make all his parts here. Most parts on this bike are American Made if not 95%.

    And hey if you don’t think it’s worth it–don’t enter to win it. Seems pretty simple, if you know your income status you know whether you can afford to pay sales tax and value. Don’t enter.

  14. 14 jatinder pal May 30th, 2009 at 11:02 am

    Nice but expensive bike….

  15. 15 Grayhawk May 30th, 2009 at 11:06 am

    South Side not really an atitude here, just pointing out the average Joe, “not JT of course”, just files a short form tax return on modest income earnings, no write offs afforded in that case and just can not financially afford to win the bike. I have seen it numerous times over the years on promotional give aways I have been involved in.

    No atitude about the bike or builder in regards to their part.

    Nor faulting Allstate for wanting and entering into a promotion to secure a larger piece of Motorcycle Industry Insurable monies and this approach for getting potential insurables solicitable information.

    Average Joe winner doesn’t read the small print on entry form and is dumfounded and depressed whenever he/she is notified at time of win what the cost of winfall payout is to him and realizes he/she can not keep it and must deal with IRS on freebee winfall resulting value no matter the structuring of promotion, as that has nothing to do with my point really. End result in a majority of cases winner has to just sell it back to promotor or who/what ever and deal with final resolve. But no bike in their driveway.

    Broken dream for average Joe and possible big surprise around April 15.

    Reading between my comment lines was really also a reflection in regards to taxation, taxes upon taxes is defining all our lives/livelyhoods and getting worse.

    Economy is in the crappier because of individuals, government and state entities living outside their means, support of entitled and ongoing and eventual outsourcing and selling of America. If that is what you called atitude I agree.

    Forthcoming taxations will compound economy woes, hurt small business and discretionary industries.

    VAT tax, cap and trade, sin taxes on softdrinks, cigs, fuel, all will sell out and burden America more and be impacting not just to those making $250k and better. Roll down/passed on cost increases affects all buyers of basic consumables and toys, big boy toys included.

    Pay your fair tax, no gift tax, no inheritance tax, no entitlement taxes.

    Sorry got off track, bottom line initial posting comment If a poor Joe wins a nice bike he should be able to keep it no more no less and hopefully forthcoming economy doesn’t degrade further to get to the point JT and others also joins the ranks of the unaffordable.



  16. 16 Jeremy May 30th, 2009 at 11:17 am

    28% taxes on bike fair market value will have to be paid to IRS before receiving the bike.

  17. 17 South Side Kustoms May 30th, 2009 at 7:19 pm

    Much agreed Grayhawk

    Jeremy–Where does it say 28%? Far as I knew you just paid sales tax when registering and claimed value with your tax return and then pay taxes if owed. Atleast that is how it works with charity bikes we raffle off every year. Here is the link to rules and regulations of winning

  18. 18 Jeremy, May 30th, 2009 at 8:42 pm

    28% has nothing to do with Allstate, so it’s not in their regulations. It is what the winner will have (minimum) to pre-pay in Federal Taxes to the IRS before the end of the quarter of his win.. 28% because a win of $50K + supposed income of this person will put him at minimum in the 28% tax bracket. Same for any raffle, lottery. It’s the law.

  19. 19 David May 31st, 2009 at 1:24 am

    It’s kind of like the IRS waiting for you at the payout window in Las Vegas when you hit that Million dollar slot (or $50k). They get their share right now no waiting for tax time, then when April 15 rolls around you have to show how much your annual income was for the year (including your new winfall)and pay taxes on your adjusted gross income, Of course you’ll probably be in a higher tax bracket and now it’s time to pay again. In this day and age could could get a stimulas check in the mail from the rest of us taxpayers to cover your losses after you have sold the (winnings)to cover your expenses.
    Grathawk has it down pretty good and is someone to listen to.

    OH by the way have any of you picked out your new company cars yet? Well after Monday get to work on picking out colors and model because will all be owners of GM. If you want to use the company Jet get inline I’m taking it to Europe Next week!!!!!

  20. 20 Jeff Nicklus May 31st, 2009 at 12:52 pm

    Hey Guys ….

    We have done many of these bikes over the years and the value set on the bike is as advertised and that is the amount you pay tax on …. period. South Side Choppers is correct …. the tax is based on where you title the bike … in most areas of Texas the sales tax rate is .0625 % (6 1/4%) plus $35 title fee and $35 tag fee … and that is it. The IRS has nothing to do with this.

    Over & Out,


  21. 21 Rodent May 31st, 2009 at 4:59 pm

    Allstate has a real bad rep for screwing their insured..Now thathey’re sucking up to biker owners do you think they’re any better. You ain’t in good hands with Allstate nomatter how many foxy chicks they got hutling at their booth

  22. 22 David May 31st, 2009 at 10:12 pm

    Jeff, I’m sorry but your wrong the IRS does get involved because winnings are considered Income! The stated value of such winnings is what is added to your annual income and then is taxed. Your right about the sales tax and title and tags but that is just the state.

  23. 23 Jeff Nicklus Jun 1st, 2009 at 8:49 am


    You are correct, I should have been more clear …. I was refering to “at the time of the prize award” …. the winnings are considered income later on your Income Tax Statement.

    Over & Out,


  24. 24 Road12 Jun 1st, 2009 at 11:54 am

    It’s a Leroy Thompson bike wih a Perewitz paintjob… not sure why he gets credit for it except for the fact of putting it together

  25. 25 Jody Jun 1st, 2009 at 2:58 pm

    Wow! I can’t believe the negative attitude on this site! It seems that it is about taxes and not motorcycles…

    I would love to win anything! If I won a Ferrari I probably wouldn’t be able to afford to maintain it, therefore leaving me to sell it but in the end I would still wind up with more $ than I started with! Whoever wins this bike will be LUCKY! If the average Joe or Jane win’s it and has to sell it for 15K like Shifter says, they are still 15K richer than they were before! I wouldn’t mind some extra cash! Heck I wouldn’t mind 10K for just signing my name! If you wouldn’t like extra $ then don’t enter the contest, it just gives everyone else better odds of winning!

    This bike as MotoX says is completely reliable and RIDABLE! All Perewitz bike are meant to be ridden. They are not Garage ornaments! We use the best components and craftsmanship to make a Perewitz motorcycle. When a bike is built from the ground up there are bound to be a few bugs but when a Perewitz motorcycle leaves here it is 100%! With 35+ years of experience we stand by anything that comes out of the Perewitz shop!

    This bike was built on the fact that everyone that can ride a motorcycle should be able to ride this bike. It is low and short for easy handling. If you consider yourself a biker and can’t ride this bike maybe you should pick another hobby.

    The bobber will be completely street legal! It will be titled as a Perewitz Custom Motorcycle that was built to be ridden with turn signals and all the necessary components to make this bike a safe legal ride!

    We use Leroy Thompson components because they are great products and also because they are investing in the American economy by producing products in good ol’ USA! Thanks to companies like them people still have jobs. Yup that’s right “we defend Ohio”!

    Oh ya I like the comment “some stupid bobber”! Good one!

  26. 26 Fezz Jun 1st, 2009 at 4:54 pm

    Jody is completely right. Since when taxes have anything to do with winning something cool.
    If nobody wants this bike, they can send it to me… I’ll find a way to pay the taxes on it. I have been wanting a Perewitz bike for over 10 years so if I only need to give my name to Allstate to get a chance to see it in my garage, I will.
    Scott and Dave build kick ass bikes using made in USA products. I must agree this is not what I am used to see coming out of Dave’s shop but it’s really good to see he is building something different.

    As for taxes and IRS… well, that’s no different than winning anything else. It’s considered extra revenue so it’s taxable. Don’t want to pay tax on your bike…. buy a house in Oregon… they don’t pay tax on any vehicles over there. Your $50K custom would cost you $35 to register it.

    Dave doesn’t build bikes that can be riden for 20 miles and put on a trailer. Believe me, I have seen the guy ride his customs and they don’t fail, are legal and requires minimal maintenance.

    Beautiful bike, $50,000 or not. That’s all I am saying

  27. 27 Grayhawk Jun 1st, 2009 at 5:11 pm


    Good to see you stand by the company it sounds like you are associated with, a good been around the block company that has been building nice rides for a lot longer than most. All good.

    I brought up the revenue and tax issue so my bad if you look at it as a negative. I try to never make negative points and was pointing out things that end up in play at the signing based on declared and contract value as well as end of the years gain issues, not negative but a realist viewpoint be prepared going in acknowledgement and to signal between the lines that the promotion is good but could possibly be structured and postured differently to lend itself to all a better outcome. Thus my between the lines comment, ” gotta be a way”

    Winners who are financially positioned to contract it and have the ability to enter in write-off at years end working CPA majic is no real issue.

    I tend to also acknowledge the little guy as that lends some pleasure in life to me when you see someone with the passion for bikes who may not have the cards to obtain said bike other then winning, in this case a Perewtiz bike as that may just be Joe Winners dream to own a class bike.

    I am not so sure Allstate would want to limit the entries to financial capable high end bike buyers only as that may reduce their realization of possible insurables by a bigger number than they would be seeking with this promotion, continuing ROI you know, so I am assuming you weren’t suggesting that.

    From a Gotta be a way viewpoint, nothing says that posted value of the bike has to be $50k that I know of, altough it sounds good in the print, it could promoted at what it is a top of the line Perewitz Custom, or ??, etc., without defining a value that may hit the contract and be contract binding.

    Perewitz and Allstate will defintely realize more expense in this promotion then their bike specific costings and will be charging back associated promotional and event costs to various promotional and advertising, etc. accounts and probably I am thinking can figure out a legal way to accomplish all. A successful promotion is good for all.



  28. 28 Jeff Nicklus Jun 5th, 2009 at 11:29 am


    FYI: Jody’s last name….Perewitz.

    Over & Out,


  29. 29 Grayhawk Jun 5th, 2009 at 1:14 pm

    Thanks Jeff, it is good to see family involved and have a passion for the business, also means it will continue on for another generation at least. As such Jody should realize the intent of my comments.


  30. 30 James Jul 27th, 2009 at 3:40 am

    The taxes, at 28%, since it’s a “winning”, would be $14,000.00 or so, For that money you could buy a real Harley, like a Superglide or one of their less expensive Big Twins.

    I agree, in this economy, the Perewitz bike might be worth $20-$25K.

    $50K is the ripoff quote.

    Nice, Allstate.

Comments are currently closed.
Cyril Huze