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#15
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NC's laws:
According to the Division of Motor Vehicles in North Carolina, a custom-built vehicle is one that is "completely reconstructed or assembled from new or used parts." Glider kits and custom-assembled vehicles also fall under the category of "custom built." Such a vehicle must be registered. You should list the make as "custom built" and the year the vehicle was built should be listed under "year." When you register a custom-built vehicle, the title is branded "reconstructed." Registering and titling a custom-built vehicle is not much different from titling any other motor vehicle. Registration and titling requires a visit to a vehicle and license plate renewal office and the following: * An application for title, completed and signed in front of a notary. * An affidavit for custom-built vehicle, Form MVR-55, which is a notarized statement that describes the vehicle's assembly from new and used parts. * An inspector's report, as this special type of vehicle must be inspected for safety and drivability. * An odometer reading. * A certificate of title or Manufacturer's Certificate of Origin for the frame, engine, and transmission (or an indemnity bond can be filed). * A title fee of $40. * A Highway Use Tax of 3% of the value. The car's value is determined by the total of bills of sale for the entire purchase of new and used parts and labor.
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Jon Hart http://www.coolharts.com 72 Chevelle Malibu / 69 Chevelle Malibu 4 Door 72 Chevelle Malibu Father/Son Project-- In Pieces |
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