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My BRZ went like on BaT today - Wish me luck!
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Good Luck. Sharp looking BRZ fo sho
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Good luck getting some high bidding!
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can you help explain the whole title in montana thing? :iono:
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i doubt it breaks over $20k.
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Registering in Montana and driving the car consistently elsewhere is also illegal. If you get caught in California, it's expensive.
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Nice car!
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Also even worst case scenario, if "everyone" does that then a case gets made against whatever LLC is registering these vehicles and operating them in other states and they get raided or subpoenaed or something like that. |
Looks to be an impressive and bare no expense build on the engine and mechanicals.
Plus it doesn't have any tacky, latest from Japan body kit slapped on. Just balls. That kind of power though, really is best utilized on a car with 11" wide rear wheels, semi-slick. Of course the necessary body kit changes the character of the vehicle (not everyone's cup of tea). So, this might be considered a sleeper for someone who just loves knowing he has it. Getting it to the asphalt is an entirely different thing. The biggest and most expensive mod to really make this all work is relocating the engine from the front to over top the rear axle. That will necessitate some suspension work, which I didn't recall seeing. |
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georgia was starting to do something about it a while back
https://jalopnik.com/georgia-is-crac...ing-1830035589 |
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Do you think rental car companies register all their cars in the state which they are operated? Or do they maintain proper insurance and registration in the state where their llc is based? I do appreciate the pro bono work from fine legal minds of ft86club ;) |
Rental cars are totally different, as you have documentation showing it as a rental but whatever.
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Why selling ?
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Ask yourself why are nearly all major companies registered in Delaware? States rights. |
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OK, with 4 days to go it is at about the normal trade in value of $15,000. Still $3K to $4K short of the regional retail value of a stock BRZ. Things better heat up soon if the OP hopes to recoup any costs at all. Lot's of time left still though.
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Yep, I have followed a few cars on there and the last 4 hours can get pretty fast and furious.
Hard to predict but it could do well. |
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See a lot of "BID TO" finishes that must have astronomical reserves.
Or more than I'd be comfortable paying. |
Every time I go on BaT I can feel the money start to suck out of my 401K. Good thing I don't own a big storage building somewhere.
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https://bringatrailer.com/listing/19...o-convertible/ |
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I expect this to do even better. ;) |
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You are more likely to get a car registered out-of-state if you're returning it somewhere else, since the local offices seem to want to get cars that are not part of their regular inventory out of their garages. But even then, they're not registered in the state where the company is located, but wherever they were first put into service. I recently had an Enterprise rental in Texas that was tagged in Oregon and a Hertz rental in Oklahoma that was registered in New Mexico. I get a few more out-of-state local rentals in Florida, especially in the fall when the snowbirds rent cars to drive down from up north. I've had NY, NJ, PA, OH and even a Vermont tag that I can remember. Quote:
What I think you're trying to argue is that since it's okay to register a corporation in Delaware, it's also okay to register your car in Montana and avoid sales tax, registration fees and environmental regulations in your actual state of residence. But that analogy doesn't hold because Delaware corporations pay sales tax and corporate income tax in the states where they do business and earn income, and they're required to comply with local environmental regulations. What you're doing is more analogous to a Delaware corporation operating in California but pretending it doesn't, then polluting and refusing to pay sales and income tax. That would be illegal. So you're zero for two in analogies. Want to try for a third? |
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Funny you brought that up since just yesterday, when driving down the highway, my wife mentioned it is officially spring since the Florida cars were all over the place. |
Those Crawford kits are expensive but the dyno speaks for itself. Any issues with reliability? I heard they can be a bit... temperamental.
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I never knew people were so passionate about paying DMV fees. I think there is a misconception that I own the car. I do not. A LLC formed in Montana owns the car, they allow me to drive the car. My name is not on the title or the registration. The LLC is a resident of Montana and pays all applicable taxes and fees. When talking about Montana LLCs you have to decide whether you want to talk about the legality or the morality. Legally, this is bullet proof. It's been tested in court before. ( https://www.bozemandailychronicle.co...c0bf7e398.html ). As for the moral question, I have a personal policy against debating morality online. |
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None at all once I got a transmission that could hold the power. Its running a very small turbo on waste gate pressure so its not pushed to its limit. I understand that Quirt ran a bigger turbo on his and pushed to 600HP or so before he sold it. |
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It's basically robbery to immediately fork over $20k in taxes to the state just to "register" an exotic here. The smarter exotic owners are doing the Montana thing because they don't even keep the cars longer than two years -- those cars simply don't depreciate much within that time frame. There's a reason why majority of the Bugattis state-side are registered in Montana -- I don't blame them for wanting to save $150k. :thumbup: |
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I also have these on my "wish list": https://cdn.bringatrailer.com/wp-con...ro-470x318.jpg https://cdn.bringatrailer.com/wp-con...28-470x318.jpg https://cdn.bringatrailer.com/wp-con...97-470x318.jpg https://cdn.bringatrailer.com/wp-con...51-470x318.jpg https://cdn.bringatrailer.com/wp-con...-1-470x318.jpg https://cdn.bringatrailer.com/wp-con...69-470x318.jpg https://cdn.bringatrailer.com/wp-con...54-470x318.jpg https://cdn.bringatrailer.com/wp-con...84-470x318.jpg |
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That has nothing to do with your tax scam. That would be like Uhaul registering its trucks just in Arizona, then not paying taxes to the other states where the trucks operate. So this analogy doesn't work either, because it's exactly the opposite of what you're arguing. Quote:
"California, Massachusetts and Iowa have passed laws aiming to prevent their residents from using the Montana loophole." Furthermore, your article leaves out a seemingly minor detail in Thomas v. Bridges that made it all work. The court found that the guy didn't actually garage the RV in Louisiana. He kept it parked in Mississippi. So not only is it not relevant to California, but it's also not really relevant to Louisiana. Quote:
Formation of a corporation for the sole purpose of breaking the law in your home state is pretty much the definition of a sham corporation. Your LLC is not worth the toilet paper it's printed on. What's more, the CHP has set up a tip site for people to report Montana tax scam LLCs. And here you are boasting about it in public. Personally I think I'd keep that very quiet. |
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