mikeljgt500kr Posted July 23, 2016 Report Share Posted July 23, 2016 What should they say on the title you get? I bought a Shelby F-150, supposedly a pre-title Shelby vehicle, but it just says Ford F-150 on the title. Link to comment Share on other sites More sharing options...
Jerry Froelich Posted July 23, 2016 Report Share Posted July 23, 2016 Pics or it didn't happen. Link to comment Share on other sites More sharing options...
TheKurgan Posted July 23, 2016 Report Share Posted July 23, 2016 They Shelby GT's are the same. Listed as a regular Mustang GT. Link to comment Share on other sites More sharing options...
mikeljgt500kr Posted July 23, 2016 Author Report Share Posted July 23, 2016 Well then, I am less than impressed by pre-title designation. Here is picture: Link to comment Share on other sites More sharing options...
David Hawkins Posted July 23, 2016 Report Share Posted July 23, 2016 Keep tabs on KBB and NADA, they should be adding an up grade like they did with the Shelby GT Mustang. Link to comment Share on other sites More sharing options...
BIKEBOY Posted July 23, 2016 Report Share Posted July 23, 2016 They Shelby GT's are the same. Listed as a regular Mustang GT. I love it frankly...... Waaaaay less taxes when you buy and register in your state!! They have NO ideer at MVD. Link to comment Share on other sites More sharing options...
mikeljgt500kr Posted July 23, 2016 Author Report Share Posted July 23, 2016 There are no break in taxes here. The excise tax is on the full purchase amount, less trade. They don't have to know what it is, just what you paid for it to assess the taxes and registration fees. You might fool your insurance company, but they will just insure it as a run of the mill F-150, so you will be way underinsured unless you tell them. Link to comment Share on other sites More sharing options...
twobjshelbys Posted July 23, 2016 Report Share Posted July 23, 2016 It is imperative that you let your insurance know that this is not a basic f150. it was hard to get regular insurance companies to understand the difference between a gt mustang and a Shelby gt and that was almost 10 years ago Link to comment Share on other sites More sharing options...
Don Johnston Posted July 23, 2016 Report Share Posted July 23, 2016 Pre-title notes the original and primary source of manufacturing to be FoMoCo. The Ford vehicles are modified (I know many hate that term) and transformed at the Shelby American shop, which is no longer has a Federal MSO (original manufacturer) designation or code number as it did in the 1960s or in the early SA years in LV making the Series 1. It also means that your transformed Ford, now noted as a Shelby vehicle does not get nailed with a gas guzzler tax! Legally, it is a Ford by name and registration, but it is a Shelby named vehicle to enjoy. Same deal as with a Roush Mustang or F150. Link to comment Share on other sites More sharing options...
SAI-Steven Posted July 23, 2016 Report Share Posted July 23, 2016 What should they say on the title you get? I bought a Shelby F-150, supposedly a pre-title Shelby vehicle, but it just says Ford F-150 on the title. Your truck rolled off Ford's assembly line as a Ford F150 meaning that the VIN will always decode and come back to a Ford F150. CarFax, your insurance company agent and your bank loan officer will only see a Ford F-150 on their computer screens. As already mentioned the Shelby GT's are one of many Shelby vehicles throughout the years that decode & title this way. Steve Link to comment Share on other sites More sharing options...
mikeljgt500kr Posted July 23, 2016 Author Report Share Posted July 23, 2016 I just don't see any distinction between this pre-title F-150 conversion and my '13 GT350 (a post-title conversion), it is titled as a Ford Mustang GT, same as the truck is titled as a Ford F-150, Shelby is no where on the title, unlike my '68 KR, titled as a Shelby Mustang, and CSX 7972, titled as a '64 Shelby Cobra. Link to comment Share on other sites More sharing options...
David Hawkins Posted July 23, 2016 Report Share Posted July 23, 2016 I just don't see any distinction between this pre-title F-150 conversion and my '13 GT350 (a post-title conversion), it is titled as a Ford Mustang GT, same as the truck is titled as a Ford F-150, Shelby is no where on the title, unlike my '68 KR, titled as a Shelby Mustang, and CSX 7972, titled as a '64 Shelby Cobra. Saleen, Roush, Steeda and Foose Mustangs are the same way. Link to comment Share on other sites More sharing options...
mikeljgt500kr Posted July 23, 2016 Author Report Share Posted July 23, 2016 Saleen, Roush, Steeda and Foose Mustangs are the same way. Except there are no pre-title Saleen, Roush, Steeda, or Foose Mustangs. Link to comment Share on other sites More sharing options...
TheKurgan Posted July 23, 2016 Report Share Posted July 23, 2016 Pre-title notes the original and primary source of manufacturing to be FoMoCo. The Ford vehicles are modified (I know many hate that term) and transformed at the Shelby American shop, which is no longer has a Federal MSO (original manufacturer) designation or code number as it did in the 1960s or in the early SA years in LV making the Series 1. It also means that your transformed Ford, now noted as a Shelby vehicle does not get nailed with a gas guzzler tax! Legally, it is a Ford by name and registration, but it is a Shelby named vehicle to enjoy. Same deal as with a Roush Mustang or F150. Shelby GT's got hit with the gas guzzler tax so that is not always true either. On the insurance deal, I've never heard of any of the Shelby GT's insurance claims being denied since alot of the parts are sourced from Ford. Even the parts that are Shelby exclusive were not denied on the one insurance claim I had to do(rocker stripes). The F150 might be different though if it has more custom Shelby parts. I don't mind it being registered this way. Like already said it is cheaper on insurance and personal property taxes. Link to comment Share on other sites More sharing options...
mikeljgt500kr Posted July 23, 2016 Author Report Share Posted July 23, 2016 Like already said it is cheaper on insurance and personal property taxes. Except the lower insurance price carries lower total coverage, like on theft, you get an F-150 coverage, not a Shelby F-150 coverage, no free lunch on that. And where in the world do you have to pay personal property taxes on a vehicle? I don't want to live there....... Link to comment Share on other sites More sharing options...
twobjshelbys Posted July 23, 2016 Report Share Posted July 23, 2016 Except the lower insurance price carries lower total coverage, like on theft, you get an F-150 coverage, not a Shelby F-150 coverage, no free lunch on that. And where in the world do you have to pay personal property taxes on a vehicle? I don't want to live there....... part 1: Insurance. Correct. That is my point. You want to make sure the vehicle is insured at the optioned-up price/cost. Part 2: Personal Property Taxes: Every state I've ever lived in, and it's quite a few, has taxed automobiles on some portion of value. The value is usually a depreciated value thus the registration costs decrease over time. [That is not true in all states, I've heard Ford GT owners in areas in Virginia and maybe Connecticut that are taxed on FAIR MARKET VALUE, thus their registration taxes go UP not DOWN, and they are significant, approaching taxes on real estate. I wouldn't live there!] Link to comment Share on other sites More sharing options...
mikeljgt500kr Posted July 23, 2016 Author Report Share Posted July 23, 2016 Well, the last two states I lived in, Texas and New Mexico (over the last 40+ years) do NOT tax vehicles as personal property, so I guess I am lucky........ Link to comment Share on other sites More sharing options...
twobjshelbys Posted July 23, 2016 Report Share Posted July 23, 2016 Well, the last two states I lived in, Texas and New Mexico (over the last 40+ years) do NOT tax vehicles as personal property, so I guess I am lucky........ Neither does Montana. No Sales Tax either. And with a Montana LLC you can register things there cheap, especially things like big boats, motor homes and airplanes. Until you get caught. Link to comment Share on other sites More sharing options...
BIKEBOY Posted July 24, 2016 Report Share Posted July 24, 2016 All I meant was taxes are based on a "run-o-the-mill" Mustang GT...in the case of my SGT. Sorry if I ruffled any feathers......geez Link to comment Share on other sites More sharing options...
mikeljgt500kr Posted July 24, 2016 Author Report Share Posted July 24, 2016 Neither does Montana. No Sales Tax either. And with a Montana LLC you can register things there cheap, especially things like big boats, motor homes and airplanes. Until you get caught. I have seen numerous mid-late '60s twin cam, 12 cylinder Ferraris that have Montana plates, now I know why. Link to comment Share on other sites More sharing options...
TheKurgan Posted July 24, 2016 Report Share Posted July 24, 2016 Except the lower insurance price carries lower total coverage, like on theft, you get an F-150 coverage, not a Shelby F-150 coverage, no free lunch on that. And where in the world do you have to pay personal property taxes on a vehicle? I don't want to live there....... Arkansas, and I don't want to live here either lol. Link to comment Share on other sites More sharing options...
ShelbyKR664 Posted July 24, 2016 Report Share Posted July 24, 2016 part 1: Insurance. Correct. That is my point. You want to make sure the vehicle is insured at the optioned-up price/cost. Part 2: Personal Property Taxes: Every state I've ever lived in, and it's quite a few, has taxed automobiles on some portion of value. The value is usually a depreciated value thus the registration costs decrease over time. [That is not true in all states, I've heard Ford GT owners in areas in Virginia and maybe Connecticut that are taxed on FAIR MARKET VALUE, thus their registration taxes go UP not DOWN, and they are significant, approaching taxes on real estate. I wouldn't live there!] Virginia does charge annual personal property taxes based on market value. This really stinks. When I get my bill for my KR, I always renegioate my market value with the tax office. The rate also varies based on the county you live in. The good news is they do not charge PP tax for vintage vehicles. Link to comment Share on other sites More sharing options...
larry muskat Posted July 24, 2016 Report Share Posted July 24, 2016 When i bought my SGT and called my insurance company and said i had a Shelby, they said the Vin was for a Mustang GT. I then sent a copy of the Monrony Report and a Vehicle Authenticity Certificate from Shelby also a lot of Photos I now have agreed value of $40.000, also on my 89 Fox Body GT Convertible the title show's it as a Cobra and i tried explain that there is not a 89 Cobra. So i pay a few dollars more but it is insured as a Cobra,seeing both cars are only driven in Summer the Insurence is not a lot. I pay more for my dailey driver a 2004 Mustang V6 Coupe then the Shelby GT and Fox combined. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.