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Honestly "most people" don't have to care. Only a few people need to care enough to affect prices for something with such a limited supply. It's not hard to f
by Steko 15y ago
Honestly "most people" don't have to care. Only a few people need to care enough to affect prices for something with such a limited supply. It's not hard to find pre-owned by celebrity car sales fetching a premium.
For all we know though there's some loophole that lets the dealer resell the exact same car to Jobs every 6 months which somehow keeps it under the no-plate period.
- nlh 15y agoI'm in the luxury car industry and I can say that the "celebrity-owned" cars fetch approximately $0 in premium in the marketplace. Dealers will certainly (try to) use that fact in their marketing, but the cars are such commodities anyway (particularly the SL55, of which there are TONS out there) that nobody, in the end, really cares who owned the car as long as it looks and runs like it's supposed to.
- larrys 15y ago"there's some loophole that lets the dealer resell" Exactly. The way the law was written, the exact wording, it would never be expected that someone would not want to do something like put on a license plate and go to the added expense that Jobs did. The law probably reads "x" time period from the date of title. Even if that time period was only 30 days there is nothing to prevent someone from selling the car to their wife, buying it back, and re-titling. And a transfer to a family member in many states including California is exempt from sales/use tax: http://dmv.ca.gov/pubs/brochures/howto/htvr1.htm http://dmv.ca.gov/pubs/brochures/howto/htvr1.htm
- Steko 15y agoThanks both to you and sibling for info. I think he prolly was buying the same car repeatedly because it's said he drove 5k miles a year and his car has ~30k miles on it.