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The Cars => 1965 GT350/R-Model => Topic started by: Mikelj5S230 on March 07, 2024, 09:33:27 AM

Title: Registering and titling a '65 GT350
Post by: Mikelj5S230 on March 07, 2024, 09:33:27 AM
I know this has probably been asked many times, but this is the first '65 GT350 I have ever had so wanted to check. I see on the title of the car I am buying has only the Shelby serial number, no Ford VIN. I am assuming my state, New Mexico, will transfer the title using that number on it and the registration without any problems or questions about a Ford VIN. I am hoping all states recognize the Shelby serial number and not a Ford VIN, correct?
Title: Re: Registering and titling a '65 GT350
Post by: Bob Gaines on March 07, 2024, 10:09:09 AM
Quote from: MikeljGT500HE on March 07, 2024, 09:33:27 AM
I know this has probably been asked many times, but this is the first '65 GT350 I have ever had so wanted to check. I see on the title of the car I am buying has only the Shelby serial number, no Ford VIN. I am assuming my state, New Mexico, will transfer the title using that number on it and the registration without any problems or questions about a Ford VIN. I am hoping all states recognize the Shelby serial number and not a Ford VIN, correct?
Unfortunately all states are not the same and it is more a bureaucratic issue meaning it depends on the state and also the person in the state. Technically Shelby and the Shelby VIN is the MFG of record and all states should recognize that. Some times you may have to argue the point with supporting documentation to get the correct way. If you are lucky you will not. In the end it really doesn't matter if you can't win the argument because there was only one Ford VIN that went with one specific Shelby VIN and vice versa.  On the tax side a 65 Shelby VIN can be easily flagged in the system for its high 6 figure value in those states that collect personal property tax every year base on the cars value. That is what happens in my home state of MO on a evolving basis for classic cars that are identifiable as high value. A Ford VIN identifies a old Mustang not worth enough to bother.
Title: Re: Registering and titling a '65 GT350
Post by: Mikelj5S230 on March 07, 2024, 10:38:57 AM
Thanks Bob, I will cross my fingers and use my local MVD licensed independent guy.  Since NM charges 4% excise tax on vehicle purchases, I am hoping that big number will get me some slack.  8)
Title: Re: Registering and titling a '65 GT350
Post by: shelbymann1970 on March 07, 2024, 11:31:10 AM
Mike, How about a LLC in Montana and eliminate the taxes on it altogether.
Title: Re: Registering and titling a '65 GT350
Post by: SFM5S159 on March 07, 2024, 11:34:59 AM
I recently formed a Montana LLC to title and register a couple cars.  Worked fine so far!  I would recommend. 
Title: Re: Registering and titling a '65 GT350
Post by: 98SVT - was 06GT on March 07, 2024, 11:39:34 AM
DMVs have a book of manufacturers - but never seem read it. The MSO that went with the cars clearly stated manufacturer (65-67 Shelby American - 68-70 Shelby Automotive). But I've seen Shelby, Ford and Cobra listed. My own Hertz car said GT350 for make. Before 1968 builders selected their own VIN designation. The National Highway Act (1968) designated the 17 digit VIN we use today and where it should be located. Go to DMV well armed - these things were built long before the DMV clerk was probably born and they have not encountered one before. If you get some officious idiot who knows everything you will need to educate them that it is not a Ford Mustang but a Mustang GT-350 manufactured by Shelby American as clearly shown on the VIN plate and the second matching VIN stamped on the passenger side. The Ford VIN should not even enter into the conversation. Keep going up the food chain and eventually you'll find some old guy that says - oh yeah I remember these.
On the other hand hopefully you'll get the typical lazy state worker that just rubber stamps whatever is put in front of them.
Title: Re: Registering and titling a '65 GT350
Post by: 98SVT - was 06GT on March 07, 2024, 11:55:03 AM
Quote from: SFM5S159 on March 07, 2024, 11:34:59 AM
I recently formed a Montana LLC to title and register a couple cars.  Worked fine so far!  I would recommend.

Who did you use? This sounds interesting.
Permanent Registration -- Transfer Of Light Vehicle Ownership -- Rules
61-3-562. Permanent registration -- transfer of light vehicle ownership -- rules. (1) (a) The owner of a light vehicle 11 years old or older subject to the registration fee, as provided in 61-3-321(2), may permanently register the light vehicle upon payment of an $87.50 registration fee
Title: Re: Registering and titling a '65 GT350
Post by: shelbymann1970 on March 07, 2024, 01:20:56 PM
Here is an interesting read: https://www.49dollarmontanaregisteredagent.com/?gad_source=1&gclid=CjwKCAiA6KWvBhAREiwAFPZM7tXqNHFksA0Y4uNYhw8LuFSlizk6ljA7Fyhuz598jyjlfDvuBkd3LBoCTKUQAvD_BwE
Title: Re: Registering and titling a '65 GT350
Post by: Bob Gaines on March 07, 2024, 01:39:32 PM
Quote from: 98SVT - was 06GT on March 07, 2024, 11:39:34 AM
DMVs have a book of manufacturers - but never seem read it. The MSO that went with the cars clearly stated manufacturer (65-67 Shelby American - 68-70 Shelby Automotive). But I've seen Shelby, Ford and Cobra listed. My own Hertz car said GT350 for make. Before 1968 builders selected their own VIN designation. The National Highway Act (1968) designated the 17 digit VIN we use today and where it should be located. Go to DMV well armed - these things were built long before the DMV clerk was probably born and they have not encountered one before. If you get some officious idiot who knows everything you will need to educate them that it is not a Ford Mustang but a Mustang GT-350 manufactured by Shelby American as clearly shown on the VIN plate and the second matching VIN stamped on the passenger side. The Ford VIN should not even enter into the conversation. Keep going up the food chain and eventually you'll find some old guy that says - oh yeah I remember these.
On the other hand hopefully you'll get the typical lazy state worker that just rubber stamps whatever is put in front of them.
+1 . Well said.
Title: Re: Registering and titling a '65 GT350
Post by: Steve McDonald Formally known as Mcdonas on March 07, 2024, 07:22:40 PM
Quote from: Bob Gaines on March 07, 2024, 10:09:09 AM
Quote from: MikeljGT500HE on March 07, 2024, 09:33:27 AM
I know this has probably been asked many times, but this is the first '65 GT350 I have ever had so wanted to check. I see on the title of the car I am buying has only the Shelby serial number, no Ford VIN. I am assuming my state, New Mexico, will transfer the title using that number on it and the registration without any problems or questions about a Ford VIN. I am hoping all states recognize the Shelby serial number and not a Ford VIN, correct?
Unfortunately all states are not the same and it is more a bureaucratic issue meaning it depends on the state and also the person in the state. Technically Shelby and the Shelby VIN is the MFG of record and all states should recognize that. Some times you may have to argue the point with supporting documentation to get the correct way. If you are lucky you will not. In the end it really doesn't matter if you can't win the argument because there was only one Ford VIN that went with one specific Shelby VIN and vice versa.  On the tax side a 65 Shelby VIN can be easily flagged in the system for its high 6 figure value in those states that collect personal property tax every year base on the cars value. That is what happens in my home state of MO on a evolving basis for classic cars that are identifiable as high value. A Ford VIN identifies a old Mustang not worth enough to bother.


It is amazing when looking at the title for my 1966 GT350H
Issued in Jan 1972, after purchasing it on Dec 17, 1971
Make and Body Style of Vehicle "Ford 2H" (I guess they couldn't or wouldn't recognize Shelby as a Manufacturer)
Serial Number "GT350SFM6S1431"
Still uses that number on the State Registration
When I owned Hertz car 1855, the title said "Ford 2" and Serial Number "SFM 6S1855"

My 1975 Kawasaki Z1 B,  Purchased April 21, 1975 as the following--- Make and Body Style "Kawa MC"

I guess they just made them up as they went along


Title: Re: Registering and titling a '65 GT350
Post by: 68blk500c on March 07, 2024, 07:34:31 PM
Quote from: shelbymann1970 on March 07, 2024, 11:31:10 AM
Mike, How about a LLC in Montana and eliminate the taxes on it altogether.

Serious reading and wise counsel is encouraged before you go down this road.   
Title: Re: Registering and titling a '65 GT350
Post by: 98SVT - was 06GT on March 07, 2024, 07:50:49 PM
Quote from: Steve McDonald Formally known as Mcdonas on March 07, 2024, 07:22:40 PMI guess they just made them up as they went along
Most of the time a dealer has a DMV person who fills out the original paperwork and files it. Mine said CPE (Coupe) for body style. Technically that was probably the closest since if wasn't a SEDan or CONvertible. Mine was delivered by HiPerf Motors to Hertz. I'd assume either of them would have filled out the paperwork for DMV correctly.
Title: Re: Registering and titling a '65 GT350
Post by: camp upshur on March 07, 2024, 08:29:34 PM

-Why not register it it California utilizing your NM address and run 'black plates'?
In years past CA req'd a Californian or at least a CA address, but that stopped at least a decade ago.
They just want the fee. So my current CA title has a NV address and I can run my 'serialized' HPM NQR 842 plates (numerically right between Vic Edelbrock's (RIP) '65 and Bob Key's (RIP) '65 in the order HPM sold them-most cool);

-regarding official paperwork: I bought my car in 1974 from the original owner who bought it directly from HPM. HPM never sold him a 'Ford' nor a 'Shelby', nor is it now. I have always renewed using the original paperwork verbiage from HPM:
The make is: 'MUSTA', and;
the body type model is: 'CPEGT350';
The VIN is SFM5S339.
That's it!
BTW there has never been a query or mention of value or anything. Entirely unremarkable.
Mike-check it out.
Title: Re: Registering and titling a '65 GT350
Post by: 98SVT - was 06GT on March 07, 2024, 09:49:31 PM
Quote from: camp upshur on March 07, 2024, 08:29:34 PM
-Why not register it it California utilizing your NM address and run 'black plates'?
My Model A with 1929 YOM plate is $200 per year.....
Black Plates carry a personal plate fee and the font is smaller than the originals.
The fees collected for the California 1960s Legacy License Plates are deposited into the Environmental License Plate fund, which benefits environmental projects in California. Personalized Legacy plates can have 2-7 characters (numbers/letters).
https://www.dmv.ca.gov/portal/vehicle-registration/registration-fees/
Title: Re: Registering and titling a '65 GT350
Post by: Brant on March 08, 2024, 10:48:34 AM
Quote from: MikeljGT500HE on March 07, 2024, 09:33:27 AM
I know this has probably been asked many times, but this is the first '65 GT350 I have ever had so wanted to check. I see on the title of the car I am buying has only the Shelby serial number, no Ford VIN. I am assuming my state, New Mexico, will transfer the title using that number on it and the registration without any problems or questions about a Ford VIN. I am hoping all states recognize the Shelby serial number and not a Ford VIN, correct?

As you mention, it is is titled in another state with the Shelby VIN, SFM5Sxxx. This is 100% correct. That is the "official" VIN and the only one that should be on the title.

Although I am not familiar with your state's DMV, there should be absolutely no problem titling it with that same number in your state. In Virginia, they would title it exactly as listed on the out of state title.

As far as the "model or make" listed, it doesn't really matter, although you definitely want it to be a "1965." I've seen "Ford," "Mustang," "Shelby," etc.

Title: Re: Registering and titling a '65 GT350
Post by: shelbymann1970 on March 08, 2024, 10:56:08 AM
Quote from: Brant on March 08, 2024, 10:48:34 AM
Quote from: MikeljGT500HE on March 07, 2024, 09:33:27 AM
I know this has probably been asked many times, but this is the first '65 GT350 I have ever had so wanted to check. I see on the title of the car I am buying has only the Shelby serial number, no Ford VIN. I am assuming my state, New Mexico, will transfer the title using that number on it and the registration without any problems or questions about a Ford VIN. I am hoping all states recognize the Shelby serial number and not a Ford VIN, correct?

As you mention, it is is titled in another state with the Shelby VIN, SFM5Sxxx. This is 100% correct. That is the "official" VIN and the only one that should be on the title.

Although I am not familiar with your state's DMV, there should be absolutely no problem titling it with that same number in your state. In Virginia, they would title it exactly as listed on the out of state title.

As far as the "model or make" listed, it doesn't really matter, although you definitely want it to be a "1965." I've seen "Ford," "Mustang," "Shelby," etc.
States vary on how they title Shelbys even in the same state. My 70 Vert is titled as a Ford even though my French title turned in  said 1970 Shelby GT350 Cabriolet. My 68 Shelby had a Shelby title. That is Michigan.
Title: Re: Registering and titling a '65 GT350
Post by: Mikelj5S230 on March 08, 2024, 11:01:40 AM
Quote from: 68blk500c on March 07, 2024, 07:34:31 PM
Quote from: shelbymann1970 on March 07, 2024, 11:31:10 AM
Mike, How about a LLC in Montana and eliminate the taxes on it altogether.

Serious reading and wise counsel is encouraged before you go down this road.

I agree, and I went through this about 15 years ago as I started building my Shelby and Corvette collections.  I like to drive my cars, frequently, to numerous events. I have a friend who is a State Police officer and he said they are very aware of what he called the "Montana scam" to evade taxes in NM, so are very vigilant in spotting cars with Montana plates.  If you don't have a NM title and thus a NM registration and plate, they have a law here that provides for fines if you live here and continue to drive around with an out of state car.  That is enough for me.
Title: Re: Registering and titling a '65 GT350
Post by: pchmotoho on March 09, 2024, 12:30:18 AM
Quote from: Bob Gaines on March 07, 2024, 10:09:09 AM
Quote from: MikeljGT500HE on March 07, 2024, 09:33:27 AM
I know this has probably been asked many times, but this is the first '65 GT350 I have ever had so wanted to check. I see on the title of the car I am buying has only the Shelby serial number, no Ford VIN. I am assuming my state, New Mexico, will transfer the title using that number on it and the registration without any problems or questions about a Ford VIN. I am hoping all states recognize the Shelby serial number and not a Ford VIN, correct?
Unfortunately all states are not the same and it is more a bureaucratic issue meaning it depends on the state and also the person in the state. Technically Shelby and the Shelby VIN is the MFG of record and all states should recognize that. Some times you may have to argue the point with supporting documentation to get the correct way. If you are lucky you will not. In the end it really doesn't matter if you can't win the argument because there was only one Ford VIN that went with one specific Shelby VIN and vice versa.  On the tax side a 65 Shelby VIN can be easily flagged in the system for its high 6 figure value in those states that collect personal property tax every year base on the cars value. That is what happens in my home state of MO on a evolving basis for classic cars that are identifiable as high value. A Ford VIN identifies a old Mustang not worth enough to bother.

that's interesting that MO will flag certain vins. In Ca (at least 10 years ago) there was absolutely nothing like that.  You could register any car with Vin number SFM5S*** or FZZ....... (Ferrari) and nothing will trigger any alerts. I was told by multiple sources with much DMV knowledge that absolutely no one looks at VIN #s when sales are reported (private party) and their is no disclosed selling price by the seller.
Title: Re: Registering and titling a '65 GT350
Post by: Bob Gaines on March 09, 2024, 01:01:33 AM
Quote from: pchmotoho on March 09, 2024, 12:30:18 AM
Quote from: Bob Gaines on March 07, 2024, 10:09:09 AM
Quote from: MikeljGT500HE on March 07, 2024, 09:33:27 AM
I know this has probably been asked many times, but this is the first '65 GT350 I have ever had so wanted to check. I see on the title of the car I am buying has only the Shelby serial number, no Ford VIN. I am assuming my state, New Mexico, will transfer the title using that number on it and the registration without any problems or questions about a Ford VIN. I am hoping all states recognize the Shelby serial number and not a Ford VIN, correct?
Unfortunately all states are not the same and it is more a bureaucratic issue meaning it depends on the state and also the person in the state. Technically Shelby and the Shelby VIN is the MFG of record and all states should recognize that. Some times you may have to argue the point with supporting documentation to get the correct way. If you are lucky you will not. In the end it really doesn't matter if you can't win the argument because there was only one Ford VIN that went with one specific Shelby VIN and vice versa.  On the tax side a 65 Shelby VIN can be easily flagged in the system for its high 6 figure value in those states that collect personal property tax every year base on the cars value. That is what happens in my home state of MO on a evolving basis for classic cars that are identifiable as high value. A Ford VIN identifies a old Mustang not worth enough to bother.

that's interesting that MO will flag certain vins. In Ca (at least 10 years ago) there was absolutely nothing like that.  You could register any car with Vin number SFM5S*** or FZZ....... (Ferrari) and nothing will trigger any alerts. I was told by multiple sources with much DMV knowledge that absolutely no one looks at VIN #s when sales are reported (private party) and their is no disclosed selling price by the seller.
If they still don't notice anything in CA count yourself lucky . In my state of MO they will do what ever they need to so as to bring in more tax revenue. It is more so with the name Shelby,Pantera ,Cobra etc. that cause the red flag to raise . They caught my Pantera because of its name on the title and accessed its value based on a CPI book at the time (Cars of Particular Interest)that they used for that office but not my 1965 MKII Cobra which had "65 Ford" on the title or any of my Shelby's which had Ford Mustang. The Mustang value and the 65 Ford were accessed at extremely low fraction of what the Pantera book value was. I felt I got off lucky given the Pantera was the least valuable of the bunch by comparison. We pay personal property tax on cars annually.
Title: Re: Registering and titling a '65 GT350
Post by: SCJSTU on March 09, 2024, 04:39:34 AM
Quote from: MikeljGT500HE on March 08, 2024, 11:01:40 AM
Quote from: 68blk500c on March 07, 2024, 07:34:31 PM
Quote from: shelbymann1970 on March 07, 2024, 11:31:10 AM
Mike, How about a LLC in Montana and eliminate the taxes on it altogether.

Serious reading and wise counsel is encouraged before you go down this road.

I agree, and I went through this about 15 years ago as I started building my Shelby and Corvette collections.  I like to drive my cars, frequently, to numerous events. I have a friend who is a State Police officer and he said they are very aware of what he called the "Montana scam" to evade taxes in NM, so are very vigilant in spotting cars with Montana plates.  If you don't have a NM title and thus a NM registration and plate, they have a law here that provides for fines if you live here and continue to drive around with an out of state car.  That is enough for me.

Georgia has done the same thing on cracking down on Montana plates here
Title: Re: Registering and titling a '65 GT350
Post by: shelbymann1970 on March 09, 2024, 07:01:18 AM
Quote from: Bob Gaines on March 09, 2024, 01:01:33 AM
Quote from: pchmotoho on March 09, 2024, 12:30:18 AM
Quote from: Bob Gaines on March 07, 2024, 10:09:09 AM
Quote from: MikeljGT500HE on March 07, 2024, 09:33:27 AM
I know this has probably been asked many times, but this is the first '65 GT350 I have ever had so wanted to check. I see on the title of the car I am buying has only the Shelby serial number, no Ford VIN. I am assuming my state, New Mexico, will transfer the title using that number on it and the registration without any problems or questions about a Ford VIN. I am hoping all states recognize the Shelby serial number and not a Ford VIN, correct?
Unfortunately all states are not the same and it is more a bureaucratic issue meaning it depends on the state and also the person in the state. Technically Shelby and the Shelby VIN is the MFG of record and all states should recognize that. Some times you may have to argue the point with supporting documentation to get the correct way. If you are lucky you will not. In the end it really doesn't matter if you can't win the argument because there was only one Ford VIN that went with one specific Shelby VIN and vice versa.  On the tax side a 65 Shelby VIN can be easily flagged in the system for its high 6 figure value in those states that collect personal property tax every year base on the cars value. That is what happens in my home state of MO on a evolving basis for classic cars that are identifiable as high value. A Ford VIN identifies a old Mustang not worth enough to bother.

that's interesting that MO will flag certain vins. In Ca (at least 10 years ago) there was absolutely nothing like that.  You could register any car with Vin number SFM5S*** or FZZ....... (Ferrari) and nothing will trigger any alerts. I was told by multiple sources with much DMV knowledge that absolutely no one looks at VIN #s when sales are reported (private party) and their is no disclosed selling price by the seller.
If they still don't notice anything in CA count yourself lucky . In my state of MO they will do what ever they need to so as to bring in more tax revenue. It is more so with the name Shelby,Pantera ,Cobra etc. that cause the red flag to raise . They caught my Pantera because of its name on the title and accessed its value based on a CPI book at the time (Cars of Particular Interest)that they used for that office but not my 1965 MKII Cobra which had "65 Ford" on the title or any of my Shelby's which had Ford Mustang. The Mustang value and the 65 Ford were accessed at extremely low fraction of what the Pantera book value was. I felt I got off lucky given the Pantera was the least valuable of the bunch by comparison. We pay personal property tax on cars annually.
what is the personal property tax rate on autos in Mo? I read online where Va is 4.15 per 100 so that would be 4150 per 100K per year just to own the car in Va? that is nuts. Here in Mi I have paid ZERO for years and have a lifetime same year plate on my Shelby. Ditto for my Mach1.
Title: Re: Registering and titling a '65 GT350
Post by: CharlesTurner on March 09, 2024, 08:39:19 AM
The Shelby's I've titled here in N. Carolina have 'Ford' as the make and they base value as a Mustang.  I'm not going to argue with them as others have noted the taxes are considerably less.  Last one I did 6 months ago, showed the bill of sale since the car was bought from a no-title state, but they still used the Mustang value. 
Title: Re: Registering and titling a '65 GT350
Post by: Mikelj5S230 on March 09, 2024, 09:34:44 AM
Quote from: CharlesTurner on March 09, 2024, 08:39:19 AM
The Shelby's I've titled here in N. Carolina have 'Ford' as the make and they base value as a Mustang.  I'm not going to argue with them as others have noted the taxes are considerably less.  Last one I did 6 months ago, showed the bill of sale since the car was bought from a no-title state, but they still used the Mustang value.

That's interesting, here they use the sales price on the bill of sale for the value to calculate the 4% excise tax. But we do not pay taxes on values after that for personal property except real estate.
Title: Re: Registering and titling a '65 GT350
Post by: Bill on March 09, 2024, 01:58:45 PM
Quote from: MikeljGT500HE on March 07, 2024, 09:33:27 AM
I know this has probably been asked many times, but this is the first '65 GT350 I have ever had so wanted to check. I see on the title of the car I am buying has only the Shelby serial number, no Ford VIN. I am assuming my state, New Mexico, will transfer the title using that number on it and the registration without any problems or questions about a Ford VIN. I am hoping all states recognize the Shelby serial number and not a Ford VIN, correct?

New Mexico is a "reciprocal" state, in simple terms, this means that they will duplicate what the current title of the car lists on it. If the person at the Motor Vehicle Department (MVD) has questions, which is not likely, they will get a higher management team involved. Again, not likely, but it all depends on their training and experience.  Since there have been numerous 65-66 GT350 Shelbys previously titled in the state, the SFM format of VIN is already in their system, again making for an easy transition on your part. It is only when you are the first to title in the state, that you run in to minor hiccups in the process. My sound advice, don't try to reinvent the wheel, go with the flow, and it will go smoothly. Try to game the state to save sales tax, will get you more scrutiny than you might desire.

Bill
Title: Re: Registering and titling a '65 GT350
Post by: KR Convertible on March 09, 2024, 02:05:02 PM
I would think they would hit the "easy button" and just use what is on the previous title.  Mine is titled as a Mustang and I'm good with that.  It does have its benefits, and I'll leave it at that.

Regardless of how you get it titled,  LET'S SEE SOME PICTURES MIKE!!! 
Title: Re: Registering and titling a '65 GT350
Post by: Brant on March 09, 2024, 04:58:20 PM
what is the personal property tax rate on autos in Mo? I read online where Va is 4.15 per 100 so that would be 4150 per 100K per year just to own the car in Va? that is nuts. Here in Mi I have paid ZERO for years and have a lifetime same year plate on my Shelby. Ditto for my Mach1.
[/quote]

In VA, that is a one time sales tax amount on the purchase price of the vehicle. Older cars like that then don't get included in the annual personal property tax.
Title: Re: Registering and titling a '65 GT350
Post by: Bob Gaines on March 10, 2024, 12:26:33 AM
Quote from: Brant on March 09, 2024, 04:58:20 PM
what is the personal property tax rate on autos in Mo? I read online where Va is 4.15 per 100 so that would be 4150 per 100K per year just to own the car in Va? that is nuts. Here in Mi I have paid ZERO for years and have a lifetime same year plate on my Shelby. Ditto for my Mach1.

It is not a simple answer for MO. It is different depending on city ,county ,school district, and library. Some rural areas even have tax levies for fire districts. All those things have a different different tax levy rates that are added together depending on where you live which equals your tax levy rate . Your personal property tax for that vehicle is calculated by dividing the assessed value of the property by 100, and then multiplying that value by the tax  levy rate for your area. That amount is what you pay in Personal Property Tax every year.  That is why there is incentive to look at the appreciating value of collector cars so as to generate more tax revenue. At least in those states that have a personal property annual tax.
Title: Re: Registering and titling a '65 GT350
Post by: 68blk500c on March 10, 2024, 10:43:57 AM
A collector car (read not driven) may not purposely be registered for these reasons, which may become an issue when sold.
Title: Re: Registering and titling a '65 GT350
Post by: Mikelj5S230 on March 10, 2024, 01:16:08 PM
Quote from: KR Convertible on March 09, 2024, 02:05:02 PM
I would think they would hit the "easy button" and just use what is on the previous title.  Mine is titled as a Mustang and I'm good with that.  It does have its benefits, and I'll leave it at that.

Regardless of how you get it titled,  LET'S SEE SOME PICTURES MIKE!!!

OK, and my thanks to Vern for completing a quest for one that started way back in 2015 when I first met him....S230


Title: Re: Registering and titling a '65 GT350
Post by: KR Convertible on March 10, 2024, 01:34:11 PM
Nice!!  Congrats!
Title: Re: Registering and titling a '65 GT350
Post by: shelbymann1970 on March 10, 2024, 01:44:29 PM
Quote from: Brant on March 09, 2024, 04:58:20 PM
what is the personal property tax rate on autos in Mo? I read online where Va is 4.15 per 100 so that would be 4150 per 100K per year just to own the car in Va? that is nuts. Here in Mi I have paid ZERO for years and have a lifetime same year plate on my Shelby. Ditto for my Mach1.

In VA, that is a one time sales tax amount on the purchase price of the vehicle. Older cars like that then don't get included in the annual personal property tax.
[/quote]Brant, How does the personal property tax work in Va? On an annual basis what do you get taxed on in regards to Personal Property Tax? Thanks.
Title: Re: Registering and titling a '65 GT350
Post by: Brant on March 10, 2024, 02:26:40 PM
Brant, How does the personal property tax work in Va? On an annual basis what do you get taxed on in regards to Personal Property Tax? Thanks.
[/quote]

It varies by locality...county, town, or city. Then there are so-called "tax relief" bills, etc. It may depend on the item being taxed as well. Obviously, places like Northern VA have higher rates than rural areas.
Title: Re: Registering and titling a '65 GT350
Post by: 68blk500c on March 10, 2024, 02:57:57 PM
Congratulations, Mike.
(and Vern)
Title: Re: Registering and titling a '65 GT350
Post by: Bob Gaines on March 10, 2024, 03:15:33 PM
It looks very respectable. Congrats.
Title: Re: Registering and titling a '65 GT350
Post by: Mikelj5S230 on March 10, 2024, 04:05:01 PM
Thanks guys, it should be fun to drive around and show off.
Title: Re: Registering and titling a '65 GT350
Post by: Karguy on March 11, 2024, 10:43:57 PM
Hello Mike, I live in Albuquerque and am a 40 year New Mexico car dealer. I am also a proud 66 GT 350 owner. If I can be of any help with getting your car properly registered please let me know. I would be happy to make a really good recommendation on an out-of-state vin inspector and the best title company in NM.  Message me if I can help. Thanks, Karl
I hope I get to see your car out and about some day soon.
Title: Re: Registering and titling a '65 GT350
Post by: Bill on March 12, 2024, 07:44:35 AM
Quote from: shelbymann1970 on March 10, 2024, 01:44:29 PM
Quote from: Brant on March 09, 2024, 04:58:20 PM
what is the personal property tax rate on autos in Mo? I read online where Va is 4.15 per 100 so that would be 4150 per 100K per year just to own the car in Va? that is nuts. Here in Mi I have paid ZERO for years and have a lifetime same year plate on my Shelby. Ditto for my Mach1.

In VA, that is a one time sales tax amount on the purchase price of the vehicle. Older cars like that then don't get included in the annual personal property tax.
Brant, How does the personal property tax work in Va? On an annual basis what do you get taxed on in regards to Personal Property Tax? Thanks.

SC was easy for my 70 GT350 convertible, sales tax is 5%, with a maximum of $500 (SC makes up for this in personal property taxes on vehicles, usually the first 7-8 years worth), personal property tax on the Shelby, $36.00/annually, based on year of vehicle, not actual value. For the flip side, my 2022 Expedition PPT was $378 last year, but again, I only paid $500 for my initial purchase sales tax, this year I expect it to be $328, with a negligible reduction for the next 5-6 years before it bottoms out around $48/annually. 

Bill
Title: Re: Registering and titling a '65 GT350
Post by: 65GT350dragster on April 14, 2024, 03:02:45 PM
My Dad's 30 year Mass title said Make:Ford Model: Mustang Trim: Shelby with VIN: SFM5S062
When having the title reissued, I asked to switch the Make to "Shelby" and Model to "GT350".  This 20 something lady across the counter said "Oh my god!  I love those cars!!  Of course, who could have made such a mistake?!?!"

Go figure
Title: Re: Registering and titling a '65 GT350
Post by: mark p on April 16, 2024, 12:24:21 PM
Quote from: 68blk500c on March 10, 2024, 02:57:57 PMCongratulations, Mike.
(and Vern)

+1 Sounds like a "win-win"  8)  8) for some of the SAAC team.
Mike - good luck with the paperwork and have fun with the car - WOW  8)
Title: Re: Registering and titling a '65 GT350
Post by: mark p on April 16, 2024, 12:28:02 PM
P.S./FWIW
Now I am reminded that NJ is a super place to have old cars...
One-time registration fee for the Tags ($94 for personalized), renew every 3-years for $zero.
The initial sales tax is a little high, but after a few years that seems to fade from memory.
Title: Re: Registering and titling a '65 GT350
Post by: Mikelj5S230 on April 16, 2024, 04:57:14 PM
Quote from: mark p on April 16, 2024, 12:24:21 PM
Quote from: 68blk500c on March 10, 2024, 02:57:57 PMCongratulations, Mike.
(and Vern)

+1 Sounds like a "win-win"  8)  8) for some of the SAAC team.
Mike - good luck with the paperwork and have fun with the car - WOW  8)

Thank you!