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Old 01-07-2011, 12:24 PM
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Cobra Make, Engine: KMP 539, a Ton of Aluminum
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Quote:
Originally Posted by jwd View Post
The process in Ca. has absolutely nothing to do with emissions/smog or they wouldn't hand out SB 100's (which I'm sure the vast majority of Cobra replica's in Ca. have). It's about generating revenue. Period.
You're kidding right? Generating revenue? I disagree.

1. 500 cars per year can get SB100 exemptions, which is a limitation. CA just tried to increase the # to 750 exemptions, but did not get out of committee.

2. The fees and taxes on 500 replicas/cars per year is miniscule, not even a rounding error, in terms of the CA budget. The CA budget that was just passed is $87 Billion or $87,000,000,000. If you assume that about 10% is collected on every new replica at about $50,000 value per replica, then we're talking about $2.5 Million of revenue or $2,500,000. So, that SB100 revenue represents about 0.0029% of the budget. That's 29/10,000ths of one percent.
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