Not Ranked
Let me see if I can help here...
csx4769, I think you hit the nail on the head with the issue about the value of your Cobra does not include the value of your FE. Once this financial matter is solved, I'm sure you will be able to put all of this titling stuff behind you. Good luck, and please keep us informed of your progress.
All, Correct, "Shelby Continuation Cobras" cannot be titled as SPCNS. Specifically, I'm referring to the few CSX 3xxx Cobras that Shelby build in the 198x's. These Cobras do not meet the State, Fed and DOT requirements of a new vehicle built in that year by a vehicle manufacturer. Shelby is considered a vehicle manufacturer, so this is why these few completed Continuation Cobras from the 198x's are not titlable in CA.
"Turnkey" to the CA DMV means, "A complete Vehicle built for the sole purpose of selling it." The entity that builds this vehicle (using a kit or not, new or old parts, etc...) is "acting as a vehicle manufacturer" and therefore the "new" vehicle must meet State, Fed and DOT requirements for the year it was built. Imagine showing up a car dealer and seeing a line-up of newly built Cobra Replicas with "for sale" signs on them. These cannot be titled as SPCNS (and therefore are not elligible for SB100 either).
This is a lot different that a customer contracting with a custom car builder to build a vehicle for the customer only to the customer's specifications, on a single receipt. In this case, the custom car builder is not acting as a manufacturer, and the resultant vehicle can be titled as SPCNS (and therefore elligible for SB100). THis is a fairly new position for the CA DMV, and there are members of this forum (including myself) who have had their Cobra Replicas built in the manner and had them titled as an SPCNS (with SB100 elligibility). Yes, we have problems intially, but the CA DMV is now not denying SPCNS titles to custom built vehicles, built to customer specifications. BTW, this also extends to non-Cobra replica custom car builders, as well.
Currently SB953 was introduced this year (however may be delayed until next year) which includes a new vehicle definition (Replica) that includes specific wording to include custom vehicles built to customer specification. The intent with that specific item is to remove the grey area about what difference between a "turnkey" and a custom built vehicle.
Hope this helps,
Randy R...
|