![]() Dedicated to the Promotion and Preservation of American Muscle Cars, Dealer built Supercars and COPO cars. |
|
Register | Album Gallery | Thread Gallery | FAQ | Community | Calendar | Become a Paid Member | Today's Posts | Search |
![]() |
|
Thread Tools | Display Modes |
#11
|
|||
|
|||
![]()
In Minnesota I could go pay 10 million or what ever dollar amount I wanted and when I go register the car its just a flat rate as long as you register it as a collector car. Just a little of $100 buck with the new plates.
__________________
69 NASCAR PACECAR Camaro 1 of 7 68 Shelby GT500 Convert Some other GM and Mopar |
#12
|
|||
|
|||
![]()
It seems to me that 'Ol Shel should stop whoring himself out to everybody who has some kind of concept for a Mustang or Cobra. Just my .02
__________________
70 L78 Nova Fathom Blue,Bench, 4spd, F41, 3:55 71 Porsche 911 Targa |
#13
|
|||
|
|||
![]()
[ QUOTE ]
In Minnesota I could go pay 10 million or what ever dollar amount I wanted and when I go register the car its just a flat rate as long as you register it as a collector car. Just a little of $100 buck with the new plates. [/ QUOTE ] Do you not pay state tax on old collector cars?
__________________
It is impossible to certify a COPO or Z/28 as authentic without verifying that it is not a rebody... |
#14
|
|||
|
|||
![]()
[ QUOTE ]
the real story here is about the people who have spent 10's and 100's of thousands on cars which they will never receive. [/ QUOTE ] i can't feel bad for somebody that should have known better than to give up that kind of cash and get nothing in return but a promise.
__________________
![]() ![]() |
#15
|
||||
|
||||
![]()
[ QUOTE ]
[ QUOTE ] the real story here is about the people who have spent 10's and 100's of thousands on cars which they will never receive. [/ QUOTE ] i can't feel bad for somebody that should have known better than to give up that kind of cash and get nothing in return but a promise. [/ QUOTE ] Sounds like the Hennessey Viper debacle.
__________________
Marlin 70 Yenko Nova-350/360, 4speed M21, 4.10 Posi (Daddy's Ride) 69 SS Nova-396/375hp, 4speed M20, 3.55 Posi (Benjamin's Ride) 67 RS Camaro-327/250hp, 2speed Glide, & 3.08 Open (Danny's Ride) |
#16
|
|||
|
|||
![]()
What happened with that?
|
#17
|
|||
|
|||
![]()
[ QUOTE ]
In Minnesota I could go pay 10 million or what ever dollar amount I wanted and when I go register the car its just a flat rate as long as you register it as a collector car. Just a little of $100 buck with the new plates [/ QUOTE ] I cant imagine a state that would only collect 100$ sales tax on a car you spent 10M on because it was an antique[that is unless you shoiw them a 5000.00 bill of sale on a 30 mile hemi cuda convertible,because they dont know its a 6 cyl or a 5M car]?? I do know the property tax would only be a minimum amount if you get antique plates on it. But not as far as sales tax goes. That is unless Minnesota is the only State that allows that. |
#18
|
|||
|
|||
![]()
In GA there is no sales tax on any used car regardless of the year or the amount you paid, but only if purchased from a private individual. So a $2 million '71 Hemi Cuda Covertible wouldn't cost a dime in sales tax if purchased from a private individual. If you buy from either an in state, or out of state dealer, then you pay 7% of the purchase price. Collector cars are taxed about $20 per year for proerty tax purposes.
|
#19
|
|||
|
|||
![]()
King, There isn't any sales tax on vehicles sold in Georgia as long as it's between individuals. Mark
|
#20
|
|||
|
|||
![]()
Thats the way minnesota is.. if you register a car as a collector Its a flat rate.. I believe it is $99 plus the plates and transfer fee.. it usually comes out to around $125 give or take a dollar or 2. Thats it!
I still remember when I transfered my 60 Mile Hemi Cuda the DMV ladies Jaw Dropped when she asked the purchase price. Still was only just over $100 bucks. $1 or $10000000000 is all the same. Doesnt Oregon have no sales tax on collector cars? I thought I heard something about guys from surrounding states getting p.o. box there just to get around sales tax. This was a few years back though.
__________________
69 NASCAR PACECAR Camaro 1 of 7 68 Shelby GT500 Convert Some other GM and Mopar |
![]() |
|
|