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Old 03-14-2014, 11:56 PM
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Goodbar Goodbar is offline
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Join Date: Dec 2013
Location: MPLS, MN
Cobra Make, Engine: BDR 300 series
Posts: 22
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Quote:
Originally Posted by chesterakl View Post
I ended up with regular plates, but there have been many variances on the success of others for this. I'm surprised they would be charging new sales taxes on a vehicle that is transferred from another state - unless this is just the regular registration taxes. If it's only a few hundred dollars it's probably just registration taxes/fees, if it's closer to $1,000 or more they're apparently thinking they are owed sales taxes on it for some reason (but it appears they are probably wrong).

MN's "collector plate" law was heavily influenced by the "hot rodder" group, and since they seem to have a dislike for the replica crowd they managed to do a good job of getting "kit cars" excluded from being eligible for them (even though quite often, technically, some of the hod rods some of them build from scratch have very little difference from being a "kit car" or could even be considered kit cars themselves).
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-That makes total sense that the MSRA may of had a big influence on the Kit car/ collector exclusion in the law on the Cobras. Yep lots of fiberglass look alikes there too. Thats what bugs me what the heck is the diff, Both are cool to look at, mainly attend car shows and events.
The DMV wants 2500.00 in taxes plus registration fees to get plates on the used cobra, plus their rounding up the number based on est value and not what I paid, adding another 4k to their est value. So it’s a big ouch in my Mods and improvement budget for sure. I expected to pay only about 250.00 as I had for my other recent collector car. I wish it was only 1k they wanted.
-Keep the stories coming as I am sure many prospective and current MN cobra owners are interested in comparing notes on the MN plate fun and inconsistency of title changes of these extremely limited use cars. I normally dont whine about much but this really bugged me as every cobra I have seen on the road (and not many) had collector, antique, historical plates on them here in MN and in other states. I have a friend who will be going to Register his used Cobra titled as what it represents a 65, it will be real interesting for sure.
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