California People: got a question regarding registration of "used" car
#1
California People: got a question regarding registration of "used" car
I have a California buyer for a car that I am selling. The car has been previously titled in the state of Florida and has UNDER 7500 miles. It is 50 state legal but the potential new owner is telling me that he cannot register the car unless it has 7500 miles. Is this just an excuse? or was he told some inaccurate info? From what I understand, this person is very interested in buying it, but this is the only hold up. Is there any way around this? I thought I read online that if a "used" car is under 7500 miles, it would need to be sold as a "new" car. I cant imagine that all exotic cars that come into cali from other states need to be over 7500 miles. Thank you in advance for the help!
#3
#6
thanks... looks like the buyer was just making an excuse to get out of the purchase... It really continues to surprise me what people will try to use as an excuse. Ehh, his loss, the car is being sold below wholesale at this point.
#7
It looks like the guy is telling you the truth from what the DMV website says (see E.Coli's post). What buying a new car means is that he would have to pay a luxury tax and a gas guzzler tax. On top of which, VLF's will be rising substantially.
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#8
Thanks for you r help! And you are correct, it would have to be sold as a new car. Any idea what the luxury tax and gas guzzler taxes are in CA? I didnt happen to see that on the link
#9
https://mv.dmv.ca.gov/FeeCalculatorW...esidentForm.do
As you know it looks like the buyer can register the vehicle but only as new. I've included another link that should answer any more questions you might have.
http://www.dmv.ca.gov/pubs/brochures/howto/htvr9.htm
Besides being broke (damn budget deficit!) aren't we Californians a pain the ***?
Good luck with the sale!
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PorscheEnthusiast
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11-13-2015 02:23 PM