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buying out of state

  1. #26
    Unsafe At Any Speeds Jim's Avatar
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    Re: buying out of state

    RMV does blue book value, not sales amount when calculating sales tax

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    EX 105
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  2. #27
    boom shackalaka catch2otwo's Avatar
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    Re: buying out of state

    heres the email i got back from the dmv

    Hi

    You must go to a licensed Massachusetts insurance agent to obtain an
    active insurance policy and have the agent complete, stamp and sign an
    Application for Registration and Title (RMV-1).
    If there is a lien against the vehicle, please make sure the lienholder
    information is complete and accurate.



    After verifying all information, sign the RMV-1 application.
    Along with the completed RMV-1 application, you must submit one of the
    following documents:

    The previous owner's title, if a titled vehicle (model year 1980 and
    newer), or
    The bill of sale, if a non-titled vehicle.
    If presenting the previous owner's title, be sure the date sold, the
    odometer reading and the purchase price have been completed on the back.
    The previous owner(s) and you must sign the back of the title.



    Take the completed RMV-1 application and supporting documents to the
    nearest full service RMV center.
    The sales tax for a private sale is calculated at 5% of the purchase
    price or the National Automotive Dealer Association (NADA) trade-in
    value, whichever is higher.

    After completing the transaction, you will receive a registration
    certificate with the new vehicle information. The title will be
    processed and mailed in approximately six (6) to eight (8) weeks. If you
    have a loan on the vehicle, the title will be mailed directly to your
    lienholder.

    You must obtain a vehicle inspection sticker within seven (7) days of
    the registration date

    Thank you for using mass.gov/rmv
    Illuminata
    but i think that is if you want to register the vehical too. mass dmv is retarded. is it all that difficult to pay a handfull of people to sit in a room to answer phones and answer questions. i was on hold for like 20 mins.

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    Tuono

  3. #28
    Just Registered Crash Dummy Denno's Avatar
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    Re: buying out of state

    Quote Originally Posted by DBConz View Post
    RMV does blue book value, not sales amount when calculating sales tax
    nope, they are supposed to go by higher amount

    in my last 3 experiences they went by whatever i wrote down...

    i have heard of people saying the bike was crashed and they bought it cheap to repair.... ya follow

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    Denno - CCS|LRRS EX#49
    2006 Yamaha R6
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  4. #29
    Unsafe At Any Speeds Jim's Avatar
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    Re: buying out of state

    good idea! catch, say that Dennis rode the bike and his gayness brought the value of the bike down $2k

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  5. #30
    boom shackalaka catch2otwo's Avatar
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    Re: buying out of state

    lol, im just going to have him sign the thing and ill decide what i want to put on there. i have heard of people declaring them as gifts, but they usually end up going book value if its declared a gift. Might have to shave off a few thou when i go to hand in all the paper work.

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    Tuono

  6. #31
    Unsafe At Any Speeds Jim's Avatar
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    Re: buying out of state

    i think the gift thing only works for direct family members. my dad this that for me when he signed the title of his truck over to me.

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  7. #32
    boom shackalaka catch2otwo's Avatar
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    Re: buying out of state

    what kinda truck did ya get?

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    Tuono

  8. #33

    Re: buying out of state

    he got a 1980 POS color is rust black and stickers. but it does have a flowmaster exhaust.

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  9. #34
    Unsafe At Any Speeds Jim's Avatar
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    Re: buying out of state

    the one my dad signed over to me is a toyota pickup (tacoma). the one i bought 2 years ago is the same exact truck. bought it for parts, but will be registering it this year.

    and weman forgot to add the shaved tailgate handle and relocated license plate with roll pan

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  10. #35

    Re: buying out of state

    Quote Originally Posted by DBConz View Post
    the one my dad signed over to me is a toyota pickup (tacoma). the one i bought 2 years ago is the same exact truck. bought it for parts, but will be registering it this year.

    and weman forgot to add the shaved tailgate handle and relocated license plate with roll pan
    didn't you get a ticket for having your plate like that?

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  11. #36
    Unsafe At Any Speeds Jim's Avatar
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    Re: buying out of state


    got threatened with a $50 ticket, but never got one

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  12. #37
    Member AndyC's Avatar
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    Re: buying out of state

    Quote Originally Posted by catch2otwo View Post
    What does buying a bike out of state entail? if i bought a bike in ny, what do i need to do when i get it back to mass? heres what i think needs to happen. title transfer, insurance, inspection? i read somewhere about some states needing vin verification and the dmv has to inspect it? its a private sale if that matters. not 100% on buying the bike but figured id ask before i bought myself into a mess of paperwork.
    I bought my 05 R1 from a guy in Michigan back in the end of 05. Everything was easy paper work then they told me that I needed a VIN Verification -- I filled out the form and took it to another office, one of the cops that work there at the DMV then went out to visually check the VIN on the bike and goes back and runs it - done right there and really easy just more paper work to fill out.

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    Andy C
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  13. #38
    Lifer imkindafkedup's Avatar
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    Re: buying out of state

    was the bike registered in NY by the person your buying it from?

    I had an issue once where I bought someone's track bike, made it street legal, but the previous 2 people on it never registered it thus never payed tax on it. In which case you need to track down all the past owners and get them to pay the sales tax, and there is no way you can pay it for them with out contacting them. They have to go to their states rmv and sign papers. A lot of BS. As long as the person your buying it from registered it, it should be all easy paper work.

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  14. #39
    boom shackalaka catch2otwo's Avatar
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    Re: buying out of state

    Quote Originally Posted by imkindafkedup View Post
    was the bike registered in NY by the person your buying it from?

    I had an issue once where I bought someone's track bike, made it street legal, but the previous 2 people on it never registered it thus never payed tax on it. In which case you need to track down all the past owners and get them to pay the sales tax, and there is no way you can pay it for them with out contacting them. They have to go to their states rmv and sign papers. A lot of BS. As long as the person your buying it from registered it, it should be all easy paper work.
    ya the guy had it regsitered. saturday cant come quick enough! longest week ever

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    Tuono

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