A lot to unpack here...and most of it I don't disagree.
I'll say the gray area unfortunately spills over into other areas:
It allows assessors the ability to assess these vehicles at extreme values, since there is no NADA or set market value per replica brand or build standard
Is an FFR donor build worth the same as a Kirkham or Superformance (no offense to my FFR). My town thinks so.
It allows DMV the ability to state these vehicles are NEVER eligible for classic plates
They are benefiting from this gray area, certainly more than the replica owner
I can tell you that if I knew I'd have to face $1500 per year in vehicle property tax on a kit I bought for $10K in 2003 and I built in my own garage, I would NOT have bought a replica cobra.
Folks in CT need to realize this risk prior to purchasing a kit or vehicle that will be deemed a 'composite vehicle' by the state of Connecticut.
All I'm asking for is composite / replica vehicles to have the same treatment as production vehicles.
As for 'fight for my right', not sure what else to say, but the last few years feels like taxation without representation / justification. Maybe I'll dump some tea into the Connecticut River, it runs right through Middletown.
Quote:
Originally Posted by spdbrake
From what I think I understand is > You want to be able to run Classic/Antique tags as that will drop the taxes on your MKII FFR dramatically?
These are only assumptions on my part.
As you have "Factory Five MKII - Taxed out of Connecticut". I get that.
But I'm not getting the "Gotta fight for your right!" comment though.
But on the dealer side of things.
Although Vintage Motorsports (The best BDR builder out there), and ERA Replicas are both based in CT, I highly doubt they'll come to your aid.
If they did make a ruckus and push it uphill, it could blowback and end up like the CA SB100 or worse and reg the car on the year engine installed.
The replica market operates in a gray area and the term sleeping dogs comes to mind.
No rock throwing intended here btw, just my $.02.
|