Auction results

[Ross F-1]

Exactly. Who is the state to decide what an antique car is worth? 'Fair Value?' That is totally objective.

In NM it is a flat 3% on any vehicle transfer, when you go to title it. It used to be based on the price recorded on the BOS, but cheating was so blatant and rampant that they changed it to use KBB value. So every MVD agent is a certified car appraiser?!?!?! I don't think so. I've heard horror stories.

Not sure what they use for older cars "officially" but from what I've heard, it is whatever they think it should be.

Still, there's no one to blame but the skinflints who claimed $2000 for an '06 Porsche or M-B. I've had buyers ask me to put as low as $500 for a classic Triumph Bonneville, fully restored. I refuse to do it.

 

[dixieflyer29]

the McCredie auction the sportsman went for 52k

 

[Bill]

Thanks for that! Now that this thread is back on the rails how about the Sportsman wood kit that was essential to that car? The wagon involved in the sale I expect would have brought 25/35K depending on the crazies present!!

 

[daoust]

Is it possible that the wood kit went with the car at $52K? That would have made it a pretty good deal.

 

[TonyM]

Illinois, you pay regular sales tax on newer cars, around 7%, but on cars older than xxx years its a flat tax of $25.

Yes, $25 if you buy from a private individual but not if you buy from a "dealer".

I found this out the hard way.

 

[sawzall]

sportsman $209,000 plus 10% buyers charge...so, $230,000!
http://www.barrett-jackson.com/Events/Event/Details/1946-FORD-SPORTSMAN-CONVERTIBLE-170463

this was from 2014! and was a restored car..

Dug back 11 pages its actually the Rod Butler /Don McCredie auction. Auction page has been taken down. Don't know if they will post the results. Jeff Yeagle you out there?

I haven't heard results yet either.

 

[sawzall]

from a good source, I learned today, that the car, and the wood, sold together for
$ 57,000.00.

 

[Bill]

Still a major project, the car is solid the wood is workable someone should be happy with the end result. Good luck to the new owner... Bill

 

[rowens55]

California state used car tax, %7.5 +county +city ......oh and don't forget the doc fees.....
Rowen