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  #1 (permalink)  
Old 07-14-2021, 08:38 PM
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So, that being said, let's go back to my original question. Is the 'alleged' purchase price of the vehicle scrutinized by the BAR referee? Will he even have knowledge of this number?

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Old 07-14-2021, 09:41 PM
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So there's the purchase price and the low balled purchase price....got it. Like I said before, if you are up front with everything it shouldn't matter who is asking you "what $$" questions.
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Old 07-15-2021, 10:21 AM
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Quote:
Originally Posted by SBSerpent View Post
So, that being said, let's go back to my original question. Is the 'alleged' purchase price of the vehicle scrutinized by the BAR referee? Will he even have knowledge of this number?
You have to present a bill of sale on which to base fees and taxes. If it's too far out of whack they will probably invoke rules. Colorado had a minimum based on model and year unless it was a family member transfer. The ferrari f40 for $10 probably won't fly
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Old 07-15-2021, 11:44 AM
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So, that being said, let's go back to my original question. Is the 'alleged' purchase price of the vehicle scrutinized by the BAR referee? Will he even have knowledge of this number?
I'm note sure who exactly reviews the "numbers" for the cost of the build: DMV? CHP? BAR? But I'm sure someone does. I best guess is the DMV does this, as they are the ones who determine the final cost of issuing a title, and that cost is somewhat based upon the cost of the build - further, I would guess that the local DMV office will provide an estimate, but Sacramento will provide the final bill amount. Again, this is just my guess...
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Old 07-15-2021, 12:52 PM
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Let's just say someone will look at his documented, lowballed, alleged purchase price.
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