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1. No, because it must pass 2008 emissions without the SB100.
2. You can wait for your SB100, but you must start the paperwork process with the various forms from the DMV and pay your fees and taxes.
3. You're out of luck until next year, but if you arrive very early in the morning at an "experienced" DMV, you should get one.
4. Yes, it stays with the car for life, as long as the car stays in CA and doesn't leave the State an get registered in another state.
Buying an existing SB100 car is a great way to go, but you don't always get what you want. If you can get want you want and it has the Sb100 exemption, then buy it.
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