Thread: Followed Me Home, '33 Build
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10-15-2010 06:03 PM #11
They title as 2010 Assembled Vehicle's so that they can tax at a 2010 rate, $466/yr for my coupe for this first hit. The bite is that they establish the "Assessed Value" equal to what you admit spending to build, everything down to nuts, bolts & washers. The bigger bite is that they want to see receipts for everything you admit spending, and they review them one by one to see if you paid sales tax or not, and if not you get to pay it to them. My "unpaid tax" bile was $2,564, so my total to get a plate was a bit over $3k. I was not happy, but also knew better than to make a fuss when I was in a no-win situation..... I've already reminded the state rep's that they promised to re-introduce the SEMA Bill in the 2011 session, to title vehicles as the year they replicate. We'll see....Roger
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