CR title question (I have updated info)

Jim Barnett · #1 (**permalink**) 01-14-2005, 05:18 AM

WOW, you guys are GREAT!! I can clearly see WHY this IS the Cobra Forum to belong too AND THANKS!!

Ron61 · #2 (**permalink**) 01-14-2005, 05:52 AM

Jim,

You will receive a clear title so far as you doing anything wrong and any fraud charges will go back to the name on the sales slip. Check the VIN number and see what it breaks down into. If you get stopped for any reason and they run the plates, it is going to be hard to convince them that you have a 1965 Ford. But asI said, the dealer who sells the car will be the one they will go after for fraud if the worst should happen. You would only be required to re-register it under SB-1578, one of those 500 numbers again, and pay any applicable taxes.
I would take the dealers papers and go to your DMV and talk to them. That way you will know for sure just what is ok and what isn't. To many different interpretations between DMVs in this state as to what is legal and what isn't any more. The DMV itself used to sell numbers until they found out only the CHP can issue a VIN number. That was many years ago. Most of your problem solving will depend on the DMV person that you talk to. And make sure that the price isn't listed at some ridiculously low figure as that will set off alarms. The taxes on the true value of the car are what they want most. To many people back then with $30K cars turned in sales slips with $15K or so on them.

Ron

Jim Barnett · #3 (**permalink**) 01-14-2005, 06:04 AM

THANKS, Ron!!! I AM going to be paying FULL CA SALES TAX on the FULL PRICE of the CR! That way, I SHOULD BE COVERED if anything bad happens later on. I just found out on the DMV Website that SB-100 wasn't signed into effect until October of 2001. I suppose it's possible that any car built and legally registered PRIOR to that effectivity would/could be exempt(??). I don't know how I'd go about finding out what was necessary PRIOR to SB100 being signed into law. I WILL check the CR's title today and see exactly WHEN it was FIRST registered in CA. IF it is indeed PRIOR to Oct, 2001, then I might be OK and NOT have to worry too much about it (as far as Smog checks and the like(??). I MOST certainly appreciate your sharing all your knowledge and expertise on this issue. I really like the CR and it was within my price range and had the extra benefits of already being CA registered as a 1965 Ford. THANKS!!!

J. T. Toad · #4 (**permalink**) 01-14-2005, 07:56 AM

Jim,
maybe I am confused, but by your response, SB100 is/was a GREAT thing, bad thing about it is they limited it to 500 "applicants" To grossly paraphrase, in 2001 it was limited to newly constructed vehichles and only to the assembler (not professional builders), then it was changed to be much broader in which the number of applications is sucked up quickly.

It could be exempt if it were registered by block date. My concern is that 5-10 years ago, 'title swaping' ran rapant. Does that mean that is your perspective car? no. For example, if it wasn't by block date or was registered intially in another state and the DMV/Lockyer catches up to it, you will have to re-register it and that 'new' block, could be problematic.

Does it mean that a dealer is willing to expose himself to liability for handling this transaction which may have loophole beginings? only you can answer that, but you can take comfort in the fact that a dealer is handling the transaction and not an individual. (you should be able to get your money back) (or fear it if they just disappear)(just an opinion)

But as Don/Ron suggested go to the dmv, here it from them, get it in writing, they are the ones with the paper trail that they rely on for investigations.