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09-01-2011, 10:35 AM
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CC Member
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Join Date: Jul 2011
Location: Houston,
tx
Cobra Make, Engine: Pilgrim, TVR 4.6 on carbs
Posts: 11
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Not Ranked
Registration for dumies
Guys
Now go easy on me, I know this is a touchy subject with there being a dedicated forum, but I can't for the life of me figure out what I will need to do and I am still hurting from having to let me car go.
I am in the process of relocating from England, I cant get my car into the country due to your fantastically strict border control volunteers.
Result, I have just had to sell the car for 2 thirds of F all. I am going to get on the wating list for an ERA 289 FIA as soon as my address is sorted out.
I have no problem buying the bits and building a complete car.
My problem lies with the registration process and any details I need to watch out for. A big thing that is worrying me is State Sales Tax that is collected at time of registration.
Say I bought the kit for $30000 the engine cost me $10000.....and that was a complete car to make it easy...... when I produce my reciepts at time of registration am I going to be paying 6.25% of $40000?
Does anyone have a break down of the process for registering the car after it is built specific for TX? you must have all done it.
Thanks Rich
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09-01-2011, 12:11 PM
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Senior Club Cobra Member
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Join Date: Jul 2006
Location: McKinney,
TX
Cobra Make, Engine: ERA GT #2077, 331 SBF, Webers, Gurney Eagle heads
Posts: 1,275
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Not Ranked
Rich, have a look at the thread cited in the quote below:
Quote:
Originally Posted by SSSammy
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And do a search of this forum on "Texas Registration" and see what else pops up. There is a lot of history on this.
You are in the same scenario as I was. You will be building an "Assembled Vehicle." This is key to paying no sales tax. Your sales tax obligations are assumed to have been fulfilled when you purchased the components that you built your car from. They do not check whether ERA charged you the tax. And ERA does not charge the Texas tax. Peter will even create two invoices if you ask. One for the kit, which some people show when it is asked for (minimum price for the pieces), and another for the "options," which you might not care to show.
They will want receipts for the tranny, engine, body/frame (ERA) and rubbings of the engine number or date code, and "VIN." For ERA this is the brass plate on the front shock tower. You will fill out an affadavit certifying that you built the car. All the directions on this are in the thread referred to.
This advice does not apply to a used car, or to a turn key car like SPF, BDR, or similar. On those you will likely have to pay the 6.25%.
Sam
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09-01-2011, 01:32 PM
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CC Member
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Join Date: Jan 2009
Location: Dallas,
TX
Cobra Make, Engine: ERA #776, 445 FE
Posts: 55
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Not Ranked
I recently went through the registration process in Dallas, TX with my ERA. Following the advice on this board, I was able to get it all done in a day with no issues. I did not pay any sales tax. Get all your paperwork together and do everything in the correct order. You should have no problems.
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09-02-2011, 07:41 AM
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CC Member
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Join Date: Jul 2011
Location: Houston,
tx
Cobra Make, Engine: Pilgrim, TVR 4.6 on carbs
Posts: 11
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Not Ranked
Spot on
Gents, this is just the answers I was looking for. Thanks for helping. I may drop you a line later when I get built to pick brains but I have alot of time to research (and hide money from the missus) before then.
Rich
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09-02-2011, 10:33 AM
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CC Member
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Join Date: Aug 2003
Location: Gilbert,
AZ
Cobra Make, Engine: Backdraft #90, 351w,Tremec 3550, SB100 SOLD
Posts: 577
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Not Ranked
Ya gotta love Texas! No checking on whether taxes are paid on parts, engine, etc. In California,even if you paid taxes on every part, they still charged tax on the total value of the car! So, you had to pay taxes on already taxed parts! Lovely state. This is one reason I left.
SkipB
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