Quote:
Originally Posted by KJL
Checking out the 92 has been put on hold, the owner was trying to do what I have been told is called a skip title, basically to avoid our ridiculous new tax law which requires the purchaser to pay the full property Tax on the car upfront instead of yearly installments. It is a way for the state to reclaim some of the lost sales tax revenue from private sales. The problem is the title is still in the previous owners name and my county requires a signed bill of sale from the current owner. That would have been a problem.
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Hey a fellow Roswellian! I'm actually East Cobb, but close. The new GA is nothing but a money grab and a crime if you ask me, totally hurts enthusiasts who like to try different cars. I bought my ZR-1 last year after the law went into effect and the tax bill was something like $750. Not a huge amount of money but enough to be annoying, especially when my Ferrari tax bill is 40 bucks! Sounds like the guy never actually titled the car in his name? Yeah that's really a bad idea these days. He needs to suck it up and take care of it, and then sell the car. Since the tax ends up being paid twice (him and you), he will probably try to push the price up. You're in the drivers seat with the deal, push back.
Good luck the Z is an incredible car. I've been into euros my whole driving life, and it's the first American car I've owned in more than 20 years. I love driving it hard. Other Corvette guys who have ridden with me are flat amazed at the difference, just a completely different animal from a pushrod car. Guy with a C6 at the last autocross rode with me for a run, and he talked about how different it sounded and how hard it pulled all the way to 7500, couldn't believe it. It's my kind of engine.