Editing How to title a hot rod (section)
Jump to:
navigation
,
search
====Some hints:==== 1. Again, remember to be on the up and up with this deal. You've probably got several thousand dollars wrapped up in this deal, not to mention many many hours of your blood sweat and tears, the last thing you want to happen is to have it all fall through at the last step. Be courteous. Example: I built a V8 powered trike, inspired by one that I had seen done when I was in high school 25 years ago. The original builder got caught driving it on his father's dealer plate and the local investigator found out about it. Strike one. When he finally called to have it inspected, he had almost no documentation on any of the parts, including a fair amount of Harley parts, that he had used building it. Strike two. Besides all that, he pushed the requirements right to the limit: one taillight, one mirror, funky exhaust, marginal fenders, etc. Having started out on the wrong foot, this was the last straw. Strike three. I know where this trike is. To this day it sits, never licensed, never legally ridden on the road. It's a shame, a beautiful project that got scuttled before it was officially launched... 2. Receipts and taxes. Probably the one sticky spot I ran into was that during the building of my project I bought about 80% of the parts off Ebay. Buying the actual parts was no problem at all, I had excellent luck and made some good deals, saved alot of money on parts that I needed. The problem was that the state of Iowa is gonna get its tax share no matter what, and I payed no verifiable tax on about $9000 worth of parts. Ouch, but what do you do?? The investigator can ask for a receipt or documentation for any part on the vehicle, you can't hold some back and not others because you don't know what they'll ask for. You obviously can't ask them to inspect a $30,000 vehicle and only hand over $1000 worth of receipts, questions WILL come up. If you buy something local, make sure you get a receipt, and make sure that there's a line on it that says "tax", if not you'll end up paying tax on it again. So, you have two choices. Buy all your parts locally so you can show that the tax was paid up front, or simply turn over your receipts and pay the tax later. Maybe I was a fool, I turned in approx. $12000 worth of receipts and ended up paying tax on $9000 worth of it. I ended up paying a $450 one-time road use tax, but at this point I had a huge investment in time and materials, what's $450?? 3. Do your research up front. You don't want to get all done and find out that your chopped coupe with a 4" windshield doesn't meet the requirements, the law says 6". You might sneak by, but then again you might not. Hope this helps, if you have any questions please feel free to email me: tkrause "at" cedar-rapids.net
|
Editing help
(opens in new window)
Personal tools
Log in / create account
Namespaces
Page
Discussion
Variants
Views
Read
Edit
View history
Actions
Search
Navigation
Main Page
Recent changes
Random page
Help
All articles
Start a new article
Hotrodders forum
Categories
Best articles
Body and exterior
Brakes
Cooling
Electrical
Engine
Fasteners
Frame
Garage and shop
General hotrodding
Identification and decoding
Interior
Rearend
Safety
Steering
Suspension
Tires
Tools
Transmission
Troubleshooting
Wheels
Toolbox
What links here
Related changes
Special pages
Terms of Use
Copyright
Privacy Policy
Your Privacy Choices
Manage Consent