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uffie.
Joined: 01 May 2010
Posts: 39
Location: New Jersey
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 Posted: Mon May 24, 2010 3:27 am Post subject: How many of you have your 924 registered as historic? |
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Benefits? what are your yearly costs? thanks  |
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haroldk
Joined: 24 Nov 2008
Posts: 171
Location: St Paul, MN, USA
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| Posted: Mon May 24, 2010 4:21 am Post subject: Re: How many of you have your 924 registered as historic? |
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| uffie. wrote: | | Benefits? what are your yearly costs? thanks :wink: |
Mine is on Collector plates here in MN. We've got a few different types of plates from plain Collector (any car over 20 years old, basically) all the way to Pioneer (has to have been built before a certain year). With the collector plates, you can't use the car for general transportation (although there's no definition of the term anywhere) and you have to have another vehicle registered in your name. After that you just pay the fee for the plate and you're on your way.
When I bought the car it already had Collector plates on it, so that meant that I just had to pay an extra $30 to keep them when transferring the title. The benefits are that I only have to run 1 plate and I don't have to get tabs every year. They'll basically pay for themselves in a year. The only taxes I'll have to pay on this car are those I pay when buying gas.
The general transportation clause is pretty much unenforced, but I'll still be using my other car as my daily driver anyway. Also, if I wanted to take the car on a road trip, I'd be able to do that no problem. |
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uffie.
Joined: 01 May 2010
Posts: 39
Location: New Jersey
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| Posted: Mon May 24, 2010 4:39 am Post subject: Re: How many of you have your 924 registered as historic? |
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| haroldk wrote: | | uffie. wrote: | | Benefits? what are your yearly costs? thanks |
Mine is on Collector plates here in MN. We've got a few different types of plates from plain Collector (any car over 20 years old, basically) all the way to Pioneer (has to have been built before a certain year). With the collector plates, you can't use the car for general transportation (although there's no definition of the term anywhere) and you have to have another vehicle registered in your name. After that you just pay the fee for the plate and you're on your way.
When I bought the car it already had Collector plates on it, so that meant that I just had to pay an extra $30 to keep them when transferring the title. The benefits are that I only have to run 1 plate and I don't have to get tabs every year. They'll basically pay for themselves in a year. The only taxes I'll have to pay on this car are those I pay when buying gas.
The general transportation clause is pretty much unenforced, but I'll still be using my other car as my daily driver anyway. Also, if I wanted to take the car on a road trip, I'd be able to do that no problem. |
Thanks, this generally answered everything I was wondering 
I would assume that the general transport policy is pretty unenforced, and I hope it's not, because I would be using my (hopefully) 931 as general transport |
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ideola
Joined: 01 Oct 2004
Posts: 15550
Location: Spring Lake MI
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| Posted: Mon May 24, 2010 5:34 am Post subject: |
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You pretty much have to have another car titled in your name for collector's plates and collector's insurance.
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erstwhile owner of just about every 924 variant ever made |
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Grenadiers
Joined: 20 Feb 2007
Posts: 3222
Location: Nelson, WI & Prescott, AZ
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| Posted: Mon May 24, 2010 6:05 am Post subject: |
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I'm old enough to be registered as 'historic'. Nyuk.
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'83 944 Track car.
'88 924S Track car.
'89 944 Turbo
2004 Winnebago Vectra monster RV
2012 Jeep Wrangler
2014 Kia Soul
2001 Ford F350 powerstroke |
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simsport
Joined: 06 Nov 2002
Posts: 573
Location: UK Warrington
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| Posted: Mon May 24, 2010 6:32 am Post subject: Historic? |
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Mine is a 1978 , I did manage to get an agreed value for it for insurance purposes, had to use its competition history though. I doubt it would get classic status in the uk even if it was standard and perfect at that.
Simon
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Blown is always best! |
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daniel
Joined: 18 Jun 2009
Posts: 686
Location: Sydney, Australia
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| Posted: Mon May 24, 2010 8:27 am Post subject: |
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I have mine on Historic plates in Australia. This means that you can only drive the vehicle to and from club authorised events or for maintance.
The other thing is that when I sell the car the purchaser does not have to pay stamp duty on the transfer. Also if you by a car in oz that is 30yrs or older, get the owner to cancel the rego then put it on club plates for a few days. Then you can cancel the club plates are re rego without paying stamp duty...
Daniel
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Over the top of skyline, total brake failure.... hit the wall at over 200 kp/h at the dipper, so anyone who has to brake for the esses is a pussy.
1977.5 Race Car, CAMS Group S Spec
1989 944 Cabriolet |
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datatrain
Joined: 15 Sep 2007
Posts: 441
Location: Osoyoos, British Columbia
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| Posted: Mon May 24, 2010 9:19 am Post subject: |
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In British Columbia the car has to be virtually the way it was the day it was delivered from the factory 25 years ago to get a collector plate .
Nothing can be added and everything must look new. It makes it very difficult.
The benefit is low insurance of about $300 a year.
_________________
'78 924 NA with Collector plate
33 year old car, with me for 21 yrs
Mint '92 318i BMW
Near mint '98 Buick LeSabre
VE7HFR |
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ideola
Joined: 01 Oct 2004
Posts: 15550
Location: Spring Lake MI
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| Posted: Mon May 24, 2010 9:25 am Post subject: |
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Here in MI, you don't have to have a historic plate to put it under "collectors" insurance. The registration fees for 30+ year old cars is fairly nominal (and tax deductible). Collector's insurance premium thru Hagerty is based on declared value (minimum of $3500 I believe) and VERY reasonable.
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erstwhile owner of just about every 924 variant ever made |
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uffie.
Joined: 01 May 2010
Posts: 39
Location: New Jersey
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| Posted: Mon May 24, 2010 9:53 am Post subject: |
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| ideola wrote: | | Here in MI, you don't have to have a historic plate to put it under "collectors" insurance. The registration fees for 30+ year old cars is fairly nominal (and tax deductible). Collector's insurance premium thru Hagerty is based on declared value (minimum of $3500 I believe) and VERY reasonable. |
Yes I got an insurance quote through Hagerty and under my dad's name the 931 came in at $130 a year  |
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968rz
Joined: 21 Aug 2006
Posts: 537
Location: S. E. Wisconsin
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| Posted: Mon May 24, 2010 9:58 am Post subject: |
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You have to watch those collector insur policies, many have a stated max mileage per year and it's not much "2/4 thou a year?"
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Rick
79 924 coupe Petrol Blue 3spd auto (wife's DD)
93 968 coupe Amazon Green 4spd Tip (my DD) |
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uffie.
Joined: 01 May 2010
Posts: 39
Location: New Jersey
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| Posted: Mon May 24, 2010 10:09 am Post subject: |
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Too bad Hagerty requires that the car be stored in a garage...something I don't have  |
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