New federal regulations make it easier to build and buy classic car replicas

[eschaider]

Originally Posted by twobjshelbys

We lived in MA from 86-96 and it is my understanding that the way most of New England, e.g., MA, CT, RI, and as time goes on, others, is that each little town is a tax entity unto itself. ...

... Unlike the federal government, most of them won't operate at a deficit since they can't print/mint their own money (any more).

You are spot on, Tony.

With respect to HR 2675 everyone except you and Bojets have missed the mark on this particular event. HR 2675 requires these cars to use modern engines that have already been certified by their suppliers to meet current emissions standards, additionally, the cars will have to be exact visual replicas of vehicles that are at least 25 years old, and their original manufacturers must license the designs..

As you have already pointed out, that limits the herd size to basically just Superformance using some LS version power plant. The potential models available are just the Cobra Roadster, the GT-40 and the Corvette Gran Sport. The fact that only one manufacturer checks all the boxes to sell product, may not turn out to be the real limiting consideration. I don't know how the Cobra Daytona offered by Shelby would fit in. I suspect OK because it is offered by Shelby.

When you deal with Federal Regulatory Authorities the volume of paperwork required to meet the Federal documentation requirements, then the retention and protection criteria, and finally the long term storage criteria for the oldest docs will bring tears to your eyes and remove significant monies from your bank account. As if that were not enough the penalties for non-compliance are impressive, to say the least.

To say the cars would enter the marketplace at a higher price point is probably a nice way of saying they are going to be noticeably more expensive. The impact they have on the other replicas could either be positive — the rising tide raises all ships sort of phenomena or it could lower the market value of the non compliant replicas. Which way that needle moves is yet to be determined.

My bet is that if any of these HR 2675 compliant vehicles actually do see the light of day, the record keeping requirements are going to chill the manufacturers(?) to the point that these cars will have a very short time (if any) in the sun before they forever disappear off the market.

Certainly aggravating the whole phenomena is the fact that there is currently only one licensed replica manufacturer and no others. Could Shelby create a Shelby Licensing Authority — certainly. In fact it already exists to day for a whole range of other Shelby licensed goods and paraphernalia. Would it be a net, net positive or just another cost layered onto an already expensive turn key replica? Who can say with certainty. My bet is it would likely be a net negative, naming recognition not withstanding.

I believe when all the hoop-a-la over HR 2675 settles down to a dull roar, the whole event, barring any substantive changes, will quietly disappear off everyone's radar screen.