lamborghini reported stolen after i bought it

Then he's screwed himself.

When that car is finally sold to someone else and registered properly, the state will go after that new buyer as well as him for the unpaid taxes on the entire time that the car was unregistered.

The fines will be huge, and he'll be **lucky** if the state only wants money, not jail time for trying to avoid taxes.

 

100% true. As stated by Josh both here and LPOWER. He was driving around on 30 day temp plates for ~86 days.

In addition Invoice to Josh is issued on Dec 20th, Car REPORTED on Dec 22nd, Josh picks up car after that.

I would assume that if one were to attempt to register said vehicle several days after the 22nd that it would be flagged.

Why someone would not register a 110K car unless they didn't have the 9K for taxes, or the insurance for ~86 days is beyond me.

 

Nope. He would have stopped the "limbo period" for unpaid taxes/tags/fees.

Instead, now the clock is ticking because he's not a car dealer (I presume) yet "his" car is still unregistered (read: taxes/fees owed). That clock will continue to tick until the car is registered properly (typically sold to the next guy), at which time the system go after the new buyer hard for that entire period of time, and the new buyer is going to scream (which could easily cause the whole problem to trickle back down to the kid).

 

I believe he was trying to register it in Montana or something like that to not pay sales tax in California or somehow register it to a business in Montana to get some kind of advantage. Emissions testing? I don't exactly know.

 

Im sure 360spider's got 9 more credit cards to pay for them.

 

another reason to buy a used car from a private seller. You can knock off about 20-50 thousand on the bill of sale as long as its cool with the seller and save some taxes at the DMV.

 

They did not register it true, but what has been said here is that all of them titled the car. This wasn't an issue of title jumping.

.m

 

interesting. I've been out of town and missed this whole thread. Unfortunetly, i don't have time to read the whole thing, but this post caught my eye. i wonder where this kid got the idea to not register the car? To avoid paying sales tax? Kid seems pretty clueless to me. i'll tell you why. I would never have thought to do this. But someone gave me just this advice when purchasing my lambo. Roy Cats. Didn't read the whole thread so i don't know if it's connected. but makes me go hmmmmm.....

 

Ah so just simple fraud and tax evasion then.

 

That sounds confusing. Either he registered the car or not. When you register a car with your state you pay sales taxes, and typically you then also pay for the license tag as well so that you've got a plate for the car.

If he paid the sales taxes on the car/transaction, then his major tax problem is resolved. If not, he's going to get hammered when the *next* owner of the car registers it.

 

WHAT!?! No way!

 

Way

 

You can play roulette by doing this, but rest assurd that the state (at least FL does) keeps track of all sale prices of cars. They have a range of what a car should sell for, and if you go outside that, you and the seller end up with a a legal nightmare. Depending on the business you are in (I am bonded for 1M and have regular background checks) you can risk a license (dealer, law, etc.) or career if convicted of, what would be, a potential felony.

 

Why?

 

why what?

 

Josh did not register the car and unless Roy charged him sales tax for his state, Josh did not pay that either. However Roy and LVV (the dealers) did do a title transfer between each other and to Josh. Dealers do not have to register the cars, hence they pay no sales tax when receiving a vehicle.

.m

 

Yup. Avoiding more than $750 in taxes is enough to put you jail for years in most states. It's a very, very poor idea.

 

One thing that should be pointed out is I believe Josh did not register his car cause he was skating on paying the sales tax in California by registering in a different state. He is calling Roy unethical!!! What a joke. Don't pay the kid **** Roy! He has dragged your name threw the mud and now should lie in the bed he made.

Mike

 

I'm not one to put down people, especially in negative times, however this kid can not be 100% for real. I've been following these threads on both sites since they started and nothing has been accomplished besides him digging a larger hole for himself. What was/has/is he (been) thinking about? First the alarm clock thing, then the attorney fiasco, then the 9 credit card information. If you don't get your money back Josh, you should make a dvd about what not to do in a bad situation.

 

The dealers aren't on the hook for the sales taxes in an out-of-state purchase; the kid who bought the car, however, is under the gun.

If he paid the sales taxes, then he has one less major problem. If he still hasn't paid those sales taxes, then he's risking years in jail when the problem finally trickles back to him after the next owner of the car registers it and is hit with a huge unpaid taxes balance.

 

As an out sate dealer I can not and do not have the ability to have is car "registered' in California...ONLY to in-state sales of in-state residents here in Washington. That is why and done quite often, the TITKE clean and clear was given to Josh to "register" his own car. Why he did not I do not know.

 

Why did/would Roy give you that advice when you purchased your Lambo?

 

You should encourage your customer to get an attorney to handle that problem before the State steps in. That's a lot more serious than losing the car and/or money. If he's not proactive, he'll be doing time.

 

YES, this is true, I as many other LICENSED Dealers in California have refered people to this out of State Attorney in Montana by the name of John Bennett. He has a pratice that specializes in the regestration of vehicles out of state in an LLC to I am sure assit his customers in what he says is a legal way to avoid registration and fees in the State of California. It is each customers choice. I DO however send the title to the OWNER and not to the attorney as I have been asked to do in the past. I DID not have to tell JOSH about this as he already KNEW from being told by multiple board members (which I am sure WILL not come forward) who to cal. He did ask me to mail the title direct to the attorney which I did not and would not do.

HOW about the other thread going here teaching you California guys how to elude taxes for the 90 day out state law....so I guess again we all live in glass houses...right??

 

100% agreed.