BusaHaya402
Registered
ok lil story for background info first...i bought my last bike (CBR954) cash up front and received title that day......now, of course the title was in the last person's name, and i never registered and plated the machine as long as i owned it (i had insurance tho) -- now i have no idea why i never thought of it, but when i went to sell the bike, since the title was never reprinted in MY name i couldnt sign it over to the new buyer, therefore i had to go to the DMV and they hit me with the sales tax amount since date of purchase (i told em the bike had been in the shop and off the street - thats why i never plated it)...........ok now for my question
i am financing a brand new hayabusa, so the title will not be in MY name for a few years, and i dont really plan on registering/plating this one either.......note: i WILL have insurance.......so basically, what if i hold off and dont even pay sales tax, register OR plate the machine for say, 3 yrs? will they hit me with some ungodly amount since im so far after date of purchase? or would it be possible for me to go to the DMV and pay ONLY sales tax, but ride away with no plates - how strict are they in forcing you to buy plates (of course its against the law, but will they let me take that risk??) i can see if i paid cash for the machine and needed the title switched over to my name, proving i am the rightful owner........but since the title belongs to suzuki or bank or whoever i dont see how it should matter all that much...............what if i NEVER pay any taxes or registration fees, and the time comes when the bike is paid off, will the lein-holder hand the title over to me no questions asked??
basically, im not looking for an easy way out, no......and i will pay taxes, purchase plates etc etc IF and only IF that will be the smartest decision to make and will avoid hassles and problems in the long run.......but if i can get by without doing it i dont see it as very important, sorry..........any advice or feedback is welcome, thanks in advance.
i am financing a brand new hayabusa, so the title will not be in MY name for a few years, and i dont really plan on registering/plating this one either.......note: i WILL have insurance.......so basically, what if i hold off and dont even pay sales tax, register OR plate the machine for say, 3 yrs? will they hit me with some ungodly amount since im so far after date of purchase? or would it be possible for me to go to the DMV and pay ONLY sales tax, but ride away with no plates - how strict are they in forcing you to buy plates (of course its against the law, but will they let me take that risk??) i can see if i paid cash for the machine and needed the title switched over to my name, proving i am the rightful owner........but since the title belongs to suzuki or bank or whoever i dont see how it should matter all that much...............what if i NEVER pay any taxes or registration fees, and the time comes when the bike is paid off, will the lein-holder hand the title over to me no questions asked??
basically, im not looking for an easy way out, no......and i will pay taxes, purchase plates etc etc IF and only IF that will be the smartest decision to make and will avoid hassles and problems in the long run.......but if i can get by without doing it i dont see it as very important, sorry..........any advice or feedback is welcome, thanks in advance.