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 10Likes
04-22-2016, 07:01 AM
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CC Member
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Join Date: Apr 2009
Location: Little Rock area,
AR
Cobra Make, Engine: ERA Street Roadster #782 with 459 cu in FE KC engine, toploader, 3.31
Posts: 4,519
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Not Ranked
Quote:
Originally Posted by ASO544
FL has really easy registration procedures ..... Definitely not a California . We have no inspections and as long as you write them a check or swipe your card you can register about anything!!!
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That's the nice thing about a State with a Republican Government. In Arkansas at the tag office:
Can I register it as a 60s Cobra Replica - Sure thing - no problem.
In that case can I tag it as an Antique Car - Sure thing - no problem.
Do I need to pay tax on the purchase cost - No, we'll register it as a "no sale transaction". I need $12.75 from you for the tag fee.
Thought I had died and ended up in Heaven. 
They did get me on annual vehicle property tax but I went down this year and pointed out that they have been charging me the same tax every year - it is a replica so it's not worth what I spent to build it - isn't there some way to depreciate it. Response - Oh my, that is high. Yes, we can start depreciating that value every year for you. Let me take care of it.
Last edited by DanEC; 04-22-2016 at 07:06 AM..
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04-22-2016, 07:49 AM
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CC Member
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Join Date: Dec 2006
Location: Southbury,
ct
Cobra Make, Engine: ERA, 428, 4 speed Toploader, Jag rear, Red with White stripes
Posts: 922
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Not Ranked
Quote:
Originally Posted by DanEC
That's the nice thing about a State with a Republican Government. In Arkansas at the tag office:
Can I register it as a 60s Cobra Replica - Sure thing - no problem.
In that case can I tag it as an Antique Car - Sure thing - no problem.
Do I need to pay tax on the purchase cost - No, we'll register it as a "no sale transaction". I need $12.75 from you for the tag fee.
Thought I had died and ended up in Heaven.
They did get me on annual vehicle property tax but I went down this year and pointed out that they have been charging me the same tax every year - it is a replica so it's not worth what I spent to build it - isn't there some way to depreciate it. Response - Oh my, that is high. Yes, we can start depreciating that value every year for you. Let me take care of it. |
OK, here in our great Democratic CT...OMG!
First two points, same here and emissions exempt!
Your third point. kills us, we have to pay 6% tax on the sale price or book value. If you have a bill of sale for lower than the book value you can get the difference back with an affidavit signed by the seller and notarized. Generally with a used kit car, they just go by the bill of sale unless it is ridiculously low.
Fourth point, we kill you. If you car is 20 years or older, your property tax will be on a 500.00 flat assessment. Cost me around 13.00 a year. Not bad considering that is my nicest car. My Harley hit the 20 year mark this year, it will be the same for that. Same for my PU truck plow truck. I have another 10 years to go on my Mustang and Toyota.
The sucky part is I am getting older along with the cars and I don't see my Federal, State, or house taxes going down 
__________________
ERA#698 428, 4 speed Toploader, 3:31 Jag rear
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04-22-2016, 08:25 AM
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CC Member
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Join Date: Jan 2009
Location: Las Vegas,
NV
Cobra Make, Engine: Shelby CSX4005LA, Roush 427IR
Posts: 5,565
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Not Ranked
Quote:
Originally Posted by Al G
How can ERA build a turnkey car?
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Has this question been answered?
__________________
Cheers,
Tony
CSX4005LA
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04-22-2016, 09:15 AM
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CC Member
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Join Date: Feb 2014
Location: White City,
SK
Cobra Make, Engine: West Coast, 460 CID
Posts: 2,908
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Not Ranked
Why wait? Here you go, ready to roll: ERA Cobra 472 For Sale
__________________
Brian
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04-22-2016, 11:45 AM
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CC Member
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Join Date: Nov 2003
Location: New Britain,
CT
Cobra Make, Engine: Size 10 Feet
Posts: 3,011
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Not Ranked
Quote:
Originally Posted by Al G View Post
How can ERA build a turnkey car?
Quote:
Originally Posted by twobjshelbys
Has this question been answered?
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ERA doesn't build turnkeys, but if you supply the engine and transmission, we will install them for you. |
04-23-2016, 05:22 AM
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CC Member
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Join Date: Dec 2006
Location: Southbury,
ct
Cobra Make, Engine: ERA, 428, 4 speed Toploader, Jag rear, Red with White stripes
Posts: 922
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Not Ranked
Quote:
Originally Posted by cycleguy55
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This is a very nice car indeed.
__________________
ERA#698 428, 4 speed Toploader, 3:31 Jag rear
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04-23-2016, 11:07 AM
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CC Member
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Join Date: Jun 2004
Posts: 204
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Not Ranked
Gonna call Pete on Monday and get a quote together. Im actually hovering on the ERA or going the extra coin and try and find an CSX 4000/6000. No doubt the ERA is a superior build but the CSX has the potential to keep appreciating which has an added benefit. I realize the Shelby is a Superformance with a $40K CSX tag added to it and the ERAs build quality and attention to detail plus having it built to my spec is my real draw towards it.
Once I get my final price on the ERA I'll have a a better idea which way I'll go. Thanks for all the information as its been extremely helpful.
AKM
Quote:
Originally Posted by patrickt
ASO544 -- pop your deposit check in the mail today. You can always get it back if you change your mind, but reserving your place in line won't start until Peter sees your money.  With a little luck, you'll be driving it Summer 2017. |
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04-23-2016, 11:17 AM
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Half-Ass Member
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Join Date: Jun 2005
Cobra Make, Engine: ERA #732, 428FE (447 CID), TKO600, Solid Flat Tappet Cam, Tons of Aluminum
Posts: 21,994
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Not Ranked
If you go to the trouble of having an ERA custom made to your exact likings, like I did, it is doubtful that you will ever sell it (absent running in to hard economic times). |
04-23-2016, 12:44 PM
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CC Member
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Join Date: Mar 2014
Location: Hardwick,
VT
Cobra Make, Engine: ERA Slabside BRG 289
Posts: 302
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Not Ranked
Concerning keeping and ERA -
Absolutely no doubt they are keepers! Simply the best.
ERA #3010 289 Slabside
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04-23-2016, 05:28 PM
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CC Member
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Join Date: Mar 2010
Cobra Make, Engine: Sold - Shelby Cobra CSX6045, 468 ci all aluminum Shelby engine
Posts: 370
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Not Ranked
Quote:
Originally Posted by ASO544
I realize the Shelby is a Superformance with a $40K CSX tag added to it
AKM
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Let's not go down that path again. Please do some research. |
04-23-2016, 05:31 PM
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Senior CC Premier Member
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Join Date: Nov 2004
Location: SoCal,
CA
Cobra Make, Engine: CSX #4xxx with CSX 482; David Kee Toploader
Posts: 3,574
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Not Ranked
Agreed! Do some homework before posting!
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All that's stopping you now Son, is blind-raging fear.......
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04-23-2016, 05:33 PM
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Half-Ass Member
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Join Date: Jun 2005
Cobra Make, Engine: ERA #732, 428FE (447 CID), TKO600, Solid Flat Tappet Cam, Tons of Aluminum
Posts: 21,994
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Not Ranked
Quote:
Originally Posted by Al G
Let's not go down that path again. Please do some research.
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Well it is a fun path to trot down....  |
04-23-2016, 05:39 PM
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Senior CC Premier Member
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Join Date: Nov 2004
Location: SoCal,
CA
Cobra Make, Engine: CSX #4xxx with CSX 482; David Kee Toploader
Posts: 3,574
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Not Ranked
Quote:
Originally Posted by desgros@vtlink.
Concerning keeping and ERA -
Absolutely no doubt they are keepers! Simply the best.
ERA #3010 289 Slabside
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As a friend of mine that makes *****in' leather products says..."they will fight over it when you're dead!" His stuff has a 100 year warranty. 
__________________
All that's stopping you now Son, is blind-raging fear.......
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04-23-2016, 05:42 PM
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CC Member
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Join Date: Jun 2004
Posts: 204
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Not Ranked
Not meaning to poop in anyone's wheeties!!! Point taken and I surely didn't want to turn this thread into a negative thread. I respect the CSX cars and what they are.... Hence why I'm considering one.
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04-23-2016, 05:45 PM
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Half-Ass Member
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Join Date: Jun 2005
Cobra Make, Engine: ERA #732, 428FE (447 CID), TKO600, Solid Flat Tappet Cam, Tons of Aluminum
Posts: 21,994
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Not Ranked
Quote:
Originally Posted by ASO544
Not meaning to poop in anyone's wheeties!!! Point taken and I surely didn't want to turn this thread into a negative thread. I respect the CSX cars and what they are.... Hence why I'm considering one.
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I think it's perfectly allowable that you pointed out that the CSX cars are just SPF cars in disguise. |
04-23-2016, 05:50 PM
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Senior CC Premier Member
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Join Date: Nov 2004
Location: SoCal,
CA
Cobra Make, Engine: CSX #4xxx with CSX 482; David Kee Toploader
Posts: 3,574
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Not Ranked
Quote:
Originally Posted by patrickt
I think it's perfectly allowable that you pointed out that the CSX cars are just SPF cars in disguise. |
Not a well disguised way of goading folks Patrick! It must be the weekend.
__________________
All that's stopping you now Son, is blind-raging fear.......
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04-23-2016, 05:53 PM
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Half-Ass Member
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Join Date: Jun 2005
Cobra Make, Engine: ERA #732, 428FE (447 CID), TKO600, Solid Flat Tappet Cam, Tons of Aluminum
Posts: 21,994
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Not Ranked
Quote:
Originally Posted by Bernica
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Well it was that or "why is the gold coating stuff coming off my Holley?" |
04-23-2016, 06:05 PM
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Senior CC Premier Member
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Join Date: Nov 2004
Location: SoCal,
CA
Cobra Make, Engine: CSX #4xxx with CSX 482; David Kee Toploader
Posts: 3,574
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Not Ranked
I choose this topic!
To the OP, the ERA is an incredible car and well documented and supported.
For me, only other choices would be a CSX or KMS.
My 2 cents..
__________________
All that's stopping you now Son, is blind-raging fear.......
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04-23-2016, 07:55 PM
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Senior Club Cobra Member
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Join Date: Feb 2007
Cobra Make, Engine: KMP 539, a Ton of Aluminum
Posts: 9,588
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Not Ranked
Quote:
Originally Posted by patrickt
I think it's perfectly allowable that you pointed out that the CSX cars are just SPF cars in disguise. |
Trolling again?  |
04-23-2016, 07:59 PM
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Half-Ass Member
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Join Date: Jun 2005
Cobra Make, Engine: ERA #732, 428FE (447 CID), TKO600, Solid Flat Tappet Cam, Tons of Aluminum
Posts: 21,994
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Not Ranked
Quote:
Originally Posted by RodKnock
Trolling again? |
What, Me trolling?  |
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