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Raoul,
While the inspection is a pain, be sure to fill out your application correctly as the paperwork must say "composite" indicating a composite vehicle for the "must be registered as the year it most closely resembles" DMV statute to be applicable (note that this is a fairly new statute (2009) and I found many DMV personnel were unaware of it and I had to educate them (even the New Britain DMV close to ERA)). My 2012 Backdraft is registered as a "1965 composite cobra roadster" for year; make; model name and body style. Registering as the "year it most closely resembles" also means you can register with "Antique" or the new "Classic" plates which definitely has its advantages as David pointed out.
The only issue that may arise is if the prior title does not say "composite" on it somewhere, but even if it does not, I would still try this route.
Julian
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