[twobjshelbys]

Every state has rules about how cars like Cobras are registered. Most recognize that a true replica with a 1965 engine is not going to pass modern emissions but they do maximize their income on the valuation. When I registered my Cobra in Colorado I got the 1965 date and the valuation was literally the original MSRP of the 65 cars (what, 6K or so) depreciated by 15% per year until it gets to a minimum. Then you can get a 5 year registration. I think it cost me about $65.

Of course I had to pay almost 8000 in sales tax as it was based on SALE PRICE!

Northeast states (CT in particular) have a real burr and tax it as at CURRENT VALUE. I wonder what happened to the guy that was trying to get that reversed.