Buying an ACR-X

[SoCal Rebell]

Does anyone know if the ACR-X comes with a vin #? If so would you have to pay sales tax on it? I know there was no sales tax on Comp Coupes, just wondering if the same held true for the ACR-X (since it won't be register at DMV), it's a $10,000 difference.

 

[Shank2117]

why get an acr-x.. when you can have two ACRS?

 

[01sapphirebob]

The acr-x does not have a vin. It's not street legal

 

[J&R3xV10]

why get an acr-x.. when you can have two ACRS?

I would love to know what your smoking.
ACR-X approx. $110,000
ACR approx. $105,000

 

[BlknBlu]

I would love to know what your smoking.
ACR-X approx. $110,000
ACR approx. $105,000

TDS $90,000

I thought they were going to have VIN#'s on these cars too.

Bruce

 

[JonB]

NO VIN......has a chassis #

Does anyone know if the ACR-X comes with a vin #? If so would you have to pay sales tax on it? I know there was no sales tax on Comp Coupes, just wondering if the same held true for the ACR-X (since it won't be register at DMV), it's a $10,000 difference.

 

[Bill Pemberton Woodhouse]

As Jon noted -----

No Vins on either the ACR-X or the TDS. Neither car is sold through a Dealership and one must just call Viper Race Headquarters. The cars do not meet emission and other requirements, hence can not have Vins. Most who want a TDS may oft for an ACR, but the ACR-X is a killer track machine and we should all be thankful for the foresight to build/sell this carto make the Viper more visible again through racing.

 

[Bobpantax]

Picky, picky, picky. The choices are incredible. Just buy one of them. If you want to make one of the chassis number cars streetable, the only possible way is to add certain equipment and then try to have it registered as a kit car. But why? It makes no sense at all to do this when you can just buy an ACR and strip out whatever you wish to take out to reduce the weight and then do headers and the Mopar controller. All an ACR-X or a TDS is, is a stripped down ACR with very doable and relatively minor mods. And, in the case of the ACR-X, the safety equipment like the roll cage, etc. But for a street car, why would you want all the extra safety equipment?

 

[Camfab]

No matter what you think, a factory race car is worth it's weight in gold. If I had the cash I would buy one of these over an ACR. Anybody want to buy a 660+HP 2000 GTS ACR all naturally aspirated that passes emissions? I want one of these, and they are the first and only cars that would make me consider selling my GTS.

 

[SoCal Rebell]

Picky, picky, picky. The choices are incredible. Just buy one of them. If you want to make one of the chassis number cars streetable, the only possible way is to add certain equipment and then try to have it registered as a kit car. But why??

Hey n00bie, I was only concerned about the sales tax, that's all

Signed,
Member #175

.

 

[Janni]

As with the Comp Coupe - I suspect this is only an issue for those folks in NC - the same state as Viper Race HQ.....

Lucky us.

 

[Martin]

No matter what you think, a factory race car is worth it's weight in gold. If I had the cash I would buy one of these over an ACR. Anybody want to buy a 660+HP 2000 GTS ACR all naturally aspirated that passes emissions? I want one of these, and they are the first and only cars that would make me consider selling my GTS.

Why would a factory race car be worth that much in the short-term? I could see that being true 30 years from now (especially if it has some history to it), but in the short term the value seems to be in it's track-ready configuration. Don't get me wrong, I'd love to get one.

 

[Bobpantax]

I get a kick out of people who worry what the car will be worth in 30 years. None of us can even be sure that we will will wake up tomorrow. A great driving experience deferred can easily turn into never having one at all. For those of you out there who are on the fence and can afford it, buy one. Buy one now. Tomorrow may never get here either because of an unforseen change in your health or a change in the world around you. If you want an even better reason, here is one: You worked your a** off all year in the most difficult economic environment since the Great Depression. You had a decent year. You made a decent buck. You deserve to be rewarded for your efforts. You deserve a new Viper.

 

[Martin]

I guess that's my question exactly. If you're going to choose between an ACR-X or an ACR, why not just get an ACR? If it's going to be a pure track car, then I see the value in an ACR-X, but otherwise I don't see why it would be 'worth its weight in gold.' Just asking - not debating.

 

[Janni]

The ACR X is a great deal for a track ready car with a series. It is purpose built - and cannot be used on the street.

Anyone buying it to stuff it away is silly.

Buy it, drive it, race it. participate in a series with other Viper owners in like vehicles - a driver's series that hopefully will not turn into a race of cubic dollars - keep it SPEC and let the best drier win. Don't let folks that want to bastardize their cars lobby to continue to make changes. Race the car.

If you want to drive on the street - get an ACR or "regular" Viper.

Long term - a factory built race car is a cool and likely appreciating car in the long run - however - the REALLY COOL thing about race cars is that people actually EXPECT you to race them and racing them wil make them be worth MORE!!!!!!!!

 

[JonB]

Sales Tax. ACR-X is FOB Detroit. Could have MI Sales Tax like any other personal property?
Dodge is still the seller, and Dodge has a physical presence in MI and CA...so I dont see tax-exempt
It could be taxed..... MI or CA? I could have the answer on Monday....

I suspect that CA law would require you to pay sales tax on personal property items purchased inter-state, above a certain value. How they would ever find out is byond me.....

OREGON is a tax-free State. Thousands of Washingtonians cross-border every day to avoid WA 8% sales tax. But if WA catches you they can and have prosecuted folks for the sales tax! Even an open pickup truck with WA Plates, Refridge in a carton in the back, can be stopped at the border! But it takes a snitch to give WA the probable cause to investigate it.


Betcha "newbee' Pantax is laughing at us right now !!!

 

[Bobpantax]

Even if Michigan did not tax it,see below regarding the California Use Tax. Most people are not even aware of the existence of a Use Tax in their home states.

File a Use Tax Return

Overview

The Board of Equalization (BOE) wants to make it easy for you to report and pay use tax. For taxable years beginning on or after January 1, 2003, if you made purchases from out-of-state or Internet sellers and did not pay California use tax, you may be able to report the California use tax on your personal or business income tax return.
Do I owe use tax?

You generally owe California use tax when you use, consume, give away or store tangible personal property (i.e., products you can see, weigh, feel or touch, such as clothing, books, computers, DVDs or CDs) in California that you purchased from an out-of-state vendor. If the out-of-state vendor does not collect the California tax on your purchase, you must pay the tax.
How do I pay the use tax?

• If you are not required to have a seller’s permit and you have not already paid all use tax due to the Board of Equalization as described below, the easiest way to report and pay the use tax is on your California state income tax return. Follow the instructions included with your income tax return. Complete the worksheet included in those instructions to determine the amount of your use tax liability.
• If you are not required to have a seller’s permit, you may report and pay the use tax to the Board of Equalization by downloading a copy of Publication 79-B, California Use Tax, or request that a copy be mailed to you by calling our Information Center at 800-400-7115 or TTY/TDD 800-735-2929. Simply complete the use tax return included in the publication and mail it along with your payment to the Board of Equalization address shown on the return. This tax return is due by the end of the month following the calendar quarter in which the use tax liability was incurred. It is not necessary to complete this tax return to report zero use tax.
• If you have a California seller's permit, you must pay the use tax due on business related purchases with your sales and use tax return in the period when you first used, stored, or consumed the item in California. Report the amount of your purchase under "Purchases subject to use tax," (line 2) on the return.
• If you are a person or business that regularly incurs use tax liabilities, but are not engaged in a business requiring a seller's permit, you should arrange to receive Consumer Use Tax returns by applying for a Consumer Use Tax Account. You can download a copy of the California Consumer Use Tax Account Application, which also includes additional information, or call our Information Center at 800-400-7115 and request a copy be mailed to you.
• If you purchased a vehicle, vessel, or aircraft, please review the Frequently Asked Questions (FAQs) for Use Tax on Purchases of Vehicles, Vessels, Aircraft. If you purchased a mobile home, please review Publication 47, Mobile Homes and Factory-Built Housing. This use tax may not be reported on your California state income tax return.
• If you are registered with the Board of Equalization as a cigarette and/or tobacco products consumer, your purchases of cigarette and tobacco products may not be reported on your California state income tax return. If you need additional information, contact the Excise Taxes Division at 916-327-4208.

What is the use tax rate in effect for my area?

The sales tax and use tax rates are the same. The rate of use tax is determined by where the property will be used, stored or consumed, regardless of where the sale takes place.You can obtain information on the tax rate in your area or refer to Publication 71, California City and County Sales and Use Tax Rates. You may also request a copy of Publication 71 by calling the Board's Information Center at 800-400-7115.
Other useful information on use tax

• Frequently Asked Questions – New Use Tax Registration Requirements.
• Frequently Asked Questions – Your Use Tax Responsibility.
• More information on use tax (publications and regulations).
• Use tax on vehicles, vessels, aircraft, and mobilehomes.
• Items brought into California through U.S. Customs.

 

[Bobpantax]

As for Oregon, Jon is correct - no sales or use tax, but Oregon does have a personal income tax that ranks in the top ten percent of state income taxes in the nation - ouch.

 

[Tim]

Our children will be around but most of us won’t be around to enjoy any major appreciation in Value over the next 30 or 40 yrs.
Drive it and enjoy it and have fun while you’re here. There are better things to buy for long term investments.

 

[Cop Magnet]

Why would a factory race car be worth that much in the short-term? I could see that being true 30 years from now (especially if it has some history to it), but in the short term the value seems to be in it's track-ready configuration. Don't get me wrong, I'd love to get one.

Ask all the Comp Coupe owners. They've sold used for pretty much what they cost new.

 

[CCBrian]

What has helped the Comp Coupes is that the new ones keep costing more...realisticaly mine is worth about 75% of what I paid for it...but I have, like others, spent tens of thousands (and uncounted hours) getting the car dialed in...out the box they can be a mess...but a strong starting point.

 

[elanderholm]

As for Oregon, Jon is correct - no sales or use tax, but Oregon does have a personal income tax that ranks in the top ten percent of state income taxes in the nation - ouch.

the gov'ment will get their money. thought oregon ranks right near the middle in overall tax burden. I think WA and OR have almost the same tax burden. OR just gets their taxes from income and property.

 

[Catwood]

Hey n00bie, I was only concerned about the sales tax, that's all

Signed,
Member #175

.

Ron, you may be member 175 but you haven't owned one since member 200....

I hope you get one!

Carl

 

[Catwood]

Dodge offering zero percent, 30 year terms?

 

[SoCal Rebell]

Ron, you may be member 175 but you haven't owned one since member 200....

I hope you get one!

Carl

Thanks Carl, I can always count on you

I am aware of the "Use Tax" in Cali, just wasn't sure how it was enforced. At 9.25% it's a big hit. A Cali board member PMed me that Cail caught him with a tractor and he had to pay the tax +penalties

 

[Shank2117]

whoops, i overheard someoen telling me it was going to be up in the high 100's near 200's

 

[Camfab]

If your buying an ACR for bragging rights, and cruising to your favorite hamburger joint, then certainly the standard ACR is the way to go. If you actually want to race the car around AND possibly, just possibly you might want to sell the car in the future......which car do you think will hold up better in value? A factory built car that was set up properly or take your chances with some guy that hacked up his street car and claims it was done perfectly? Is it possible that the street ACR was done even nicer than the factory, yes, but it's a tough sell. Additionally, I can assure you that if you think it's only a couple of bucks extra to take a factory ACR and make it the same as an ACR-X you have NO idea of what the actual costs are. I'm just stating the facts, for some of us (me) every penny is factored in.

Without question, if your looking for dual purpose use car (street and track), youv'e got to buy a regular ACR, just expect to pay an additional 30-50K to have an equivalent car that's not factory built.

 

[Brad04Mamba]

California use tax would be owed on the ACR-X. Since the car would not be registered, then it would be up to the buyer to voluntarily pay the tax. California is getting very aggressive in trying to collect use tax. Your tax preparer will ask you this year if you purchased anything out of state, on the internet, or by catalog. You can pay your use tax with your California individual income tax return. This is my professional opinion as a registered CPA in California. Now, if I could register as an AE, I would tell you my personal opinion, and what Cali could do with their use tax

 

[Viperless]

If you're not required to pay sales tax at the time of purchase, then you're golden. Like Brad04Mamba said, you're on your honor to pay "use tax" on your out of state purchases. Here in Minnesota, I don't pay sales tax on an out of state vehicle purchase until I go to the DMV to register it. Registration is only required if you drive the car on the street.

 

[JonB]

California use tax would be owed on the ACR-X. Since the car would not be registered, then it would be up to the buyer to voluntarily pay the tax. California is getting very aggressive in trying to collect use tax. Your tax preparer will ask you this year if you purchased anything out of state, on the internet, or by catalog. You can pay your use tax with your California individual income tax return. This is my professional opinion as a registered CPA in California. ...............

I have been told by HQ that "in most cases" any State / Sales taxes will be the responsibility of the Buyer....not collected by HQ in most cases. I suspect MI is an exception, but did not ask....

Hey SoCal..... Send me the $$. Ill buy it for ya in OR, no taxes..... Ill break it in carefully, and sell back to you in perfect shape as a USED item.......Ill write it up for, say $50k, saving you 50% or more of taxes. I should have it broken in by Sept !

Merry-Happy JonB