Hi all. I am a new owner and reviewing my paperwork see the title says 67 Ford. Shouldnt this say shelby?
Hi all. I recently purchased a 1967 GT 500 (#1979) and notice the title says Ford. Is this normal, or should it say Shelby under make?
I am sure the part time DMV specialist didn't care about the 50+ years of history when typing it up.
Does it matter? Are there both forms out there? The VIN is listed as the Shelby however.
Merry Christmas! Joey
All over the map. My 66 said GT350 for make. A friends 68 said Cobra for make. Many just say Ford. It probably depends on who first took the paperwork to DMV from the dealer. You could possibly take a stack of paperwork to DMV to show that Shelby American was the manufacturer and get it changed. But is it a battle that needs fighting?
From past discussions on this forum, I recall there are many instances of both. As you say it was/is likely up to the whims of the individual making up the form to list the make either as Ford or Shelby.
In my case, my '65 lists Shelby as the make on all past title documents (from Florida & Arizona), as well as my Canadian registration & insurance papers.
Quote from: Odenvy on December 27, 2020, 11:52:42 AM
Hi all. I recently purchased a 1967 GT 500 (#1979) and notice the title says Ford. Is this normal, or should it say Shelby under make?
I am sure the part time DMV specialist didn't care about the 50+ years of history when typing it up.
Does it matter? Are there both forms out there? The VIN is listed as the Shelby however.
Merry Christmas! Joey
That is not strange .It could be ether. Also some are titled with the Ford VIN and others with the Shelby. Technically it should be Shelby with the Shelby VIN but the various State DMV officials didn't pay attention to the fact that Shelby American was a MFG and insisted on the Ford name and or the Ford VIN. Many cases it is not worth the fight ,stress and time it takes to have it changed. The Ford VIN number can be traced back to the Shelby origin regardless of 65-70 year so it is hard to dispute what the car is . And a rose (Shelby)by any other name (Ford) is still a rose. Another thing has to do with personal property tax . States in a effort for more revenue will red flag a collectible typically valuable car with a name like a Shelby,Pantera,etc. and using various collector car valuations access its current market value and tax you on that evaluation. Some personal property tax states are doing this now and others will in the future . It is almost a certainty. Good luck trying to change a newly imposed increased valuation once done by the bureaucrats. I know of some that have their Cobra listed as a Ford for a example rather then pay PP taxes on a 7 figure market value. Just some things to consider. If in one of the NON PP tax states I would rather have the Shelby name and Shelby VIN .If I was in a state that had PP tax I would think twice and consider my potential monetary exposure. What is more important your vanity/ego with a name on a piece of paper tucked away where no one sees it or the money in your wallet. ;) Just some things to think about.
How it's titled all depends on the State, I have seen several different abbreviations of Shelby, but gt350, gt500, or Ford are all common as well.
Quote from: Odenvy on December 27, 2020, 11:48:44 AM
Hi all. I am a new owner and reviewing my paperwork see the title says 67 Ford. Shouldnt this say shelby?
Aspects of this subject applies to all years Shelby's. Your 67 not having Shelby on the title is not strange . It could be ether. Also some are titled with the Ford VIN and others with the Shelby. Technically it should be Shelby with the Shelby VIN but the various State DMV officials didn't pay attention to the fact that Shelby American was a MFG and insisted on the Ford name and or the Ford VIN. Many cases it is not worth the fight ,stress and time it takes to have it changed. The Ford VIN number can be traced back to the Shelby origin regardless of 65-70 year so it is hard to dispute what the car is . And a rose (Shelby)by any other name (Ford) is still a rose. Another thing has to do with personal property tax . States in a effort for more revenue will red flag a collectible typically valuable car with a name like a Shelby,Pantera,etc. and using various collector car valuations access its current market value and tax you on that evaluation. Some personal property tax states are doing this now and others will in the future . It is almost a certainty. Good luck trying to change a newly imposed increased valuation once done by the bureaucrats. I know of some that have their CSX Cobra listed as a Ford for a example rather then pay PP taxes on a 7 figure market value. Just some things to consider. If in one of the NON PP tax states I would rather have the Shelby name and Shelby VIN .If I was in a state that had PP tax I would think twice and consider my potential monetary exposure. What is more important your vanity/ego with a name on a piece of paper tucked away where no one sees it or the money in your wallet. ;) Just some things to think about.
Is it of consequence that it is a Shelby on the insurance card and Ford on the registration for a police officer born in the year 2000?
Quote from: Odenvy on December 27, 2020, 01:37:20 PM
Is it of consequence that it is a Shelby on the insurance card and Ford on the registration for a police officer born in the year 2000?
Not in my opinion unless the cop is a real knucklehead.
6S550 has been titled as a Shelby with the Shelby vin since I bought it in 1967. Don't guess I've lived in a state with personal property tax, unless they just didn't care. Ron
Quote from: Rocket on December 27, 2020, 04:48:00 PM
6S550 has been titled as a Shelby with the Shelby vin since I bought it in 1967. Don't guess I've lived in a state with personal property tax, unless they just didn't care. Ron
If you don't know if you live in a state with personal property tax then you most likely don't .You would more then likely remember paying it every year on your every day cars at the very least. For example in my state MO-According to MO State Statute 137.075 "Persons owning or holding tangible personal property on the 1st day of January shall be liable for taxes." Personal property includes all motor vehicles, motorcycles, recreational vehicles, trailers, boats, motors, mobile homes, aircraft, farm machinery, livestock and grain. Some items you declare value and others the state does based on the item. We have to show a receipt that PP tax is paid for instance when we renew our car plates. I know of a local that hadn't had his car on the road for 20 years and when after restoration he wanted to get new plates had to pay all of the back years of taxes on the car before the DMV would issue plates.
Here we call the tax "Car Tabs". Approximately 1.1% (yearly) of the car's market value. More if you live inside the Light Rail taxing district.
This is after 10% of market value or purchase price (whichever is higher) at the time of purchase.
Edit; and capital gains tax at the time of the sale possibly coming this year.
My forst Shelby was titled as a "SHELB" That was my 67. I had a 68 that was also titled as a Shelby. Here in NY we just have registrations for cars, no titles. This is where my story get weird. My 3rd Shelby was titled as a Shelby and good old NY changed it to a ford and refused to correct it for me. I since moved to Tennessee and I asked the guy to change it back and he said if the VIN is a Shelby, it should change back to a Shelby when I get the title. IT DID NOT. I was just wondering if I should persue it further???? Advise? It would be cool, but I am not sure it is worth it.
My 67 has been titled as a Ford gt500 in Cali.since before 1982 when I bought it.
So as the PP tax system goes there, you are saying that annually you pay it on every vehicle owned in your yard? Any idea on the rate of this tax? How is the value of the car set at and who determines it? I just read that paragraph again , but still would you want them coming up with your cars value? Could be good or bad.
Would you additionally pay Capital Gains Tax if vehicle sold at some point?
We don't that PP Tax agenda here in Canada.
My Maryland Title says "Ford 2H" Serial Number with with "GT350" in front of the Shelby "SFM6S...."
Maryland DMV said they never heard of a car called Shelby
Maryland dmv should get out more......
Virginia allowed me to pick the manufacturer from choices. Shelby, SHLB, Ford etc. if I remember correctly. Also when titling my 1942 ford GPW I could pick ford or Jeep as well. Also depends on which DMV you go to as well as how friendly you are to the person behind the counter.
dz
Quote from: 98SVT - was 06GT on December 27, 2020, 12:35:30 PM
All over the map. My 66 said GT350 for make. A friends 68 said Cobra for make. Many just say Ford. It probably depends on who first took the paperwork to DMV from the dealer. You could possibly take a stack of paperwork to DMV to show that Shelby American was the manufacturer and get it changed. But is it a battle that needs fighting?
+1 All of my '66s except one were GT350 as make. One was a re title and said Ford. California titles on all. My only '67 said Shelby for make ( ca title too)
Randy
My '67 has SHELB as make. My 66 originally had GT350 as make, changed to Ford by the second owner. California titles are original issue.
Greek
I'am down as a Ford in CA & as far as capital gains tax for me when i sold my last Shelbly,i was told yes it's capital gains tax eligible, minus all the $ you spent on it while you owned it as a write off ,needless to say there where where a lot of receipts ;)