love the car as is. it might be a bit steep but far from rip-off

 

hows that work? I live in West Chicago and when i picked up the paper work to transfer the title & register my '65 in Illinois it had a work sheet on the back to figure out what i owuld be paying for tax. IIRC i dont have the paper anymore and havent transfered it yet but if the car was over a certain age point it just said it was a flat $25 no matter wha tyou paid for the car.

Ill see if i can find it on their website


edit:

oops i see what they are doing. you must have paid the $25 for the car being 11 yrs old or older but they used the fair market value and say that the car is worth $20k which means the tax is $1k ...

Man if thats the case i might just leave my car in iowa under my name and my grandmas name so i dont get hit with the tax right now. I wont be bringing it to illinois for a year or two anyway

damn wonder what they will hit me with, purchase price of $10k but appraised for $28k ... thats $1250 in taxes instead of $25 if they go off the appraisel & not the purchase price.

here, this is right off the illinois dept. of revenue site:

http://www.revenue.state.il.us/TaxFo...UT-5-Chart.pdf

to me that sounds like if you put that you paid $10k for the car, you should only be paying the $25 in taxes

 

I also sometimes feel like I paid too much for my '66 ($5K). I bought it from the original owner two years ago, and I'm down to the body and paint. Everthing else I'vegone through: susp, electrical, brakes, tranny, rear-end, etc, etc. You're gonna have those days where you feel you got ripped off. Take your time and you'll feel much better as you get things fixed. Mustangs are definately the up-and-comers. Let me give you some insight.

I was up in Amador Co, CA this last weekend, and saw a '68 Camaro for sale at $17,500. It was a complete POS! '69 hood, '69 console, door trim off a convert, rusted tail, 3/16"door gaps, and it went on and on. I walked away thinking "U gotta be kiddin!". Now that's a RIP-OFF!!

 

the crazy thing is, i have an article from a magazine in the late 80s where original 60s mustangs were selling for $17k at the time becuase there was a big boom of people wanting them


edit:

at the same time i have an article from an actual car magazine that states putting a little trans fluid in the gas and running it through the engine is good practice if you are going to park the car for a while.

 

well, now that i think about it, it is worth what i paid...because it doesnt have any real deep body rust (just a little in the typical spots that you would find around the wheel and by the lower door part) but when i drive it though...i know that my car is more unique than any other car that my friends have...and also more powerful

 

I think you paid to much for it,But I live in a different car market then you.
The most important thing is if you get what you wanted, Sometimes the price you pay for things and what it's worth to you is not always measured in dollars.

 

typical Buyers remourse BS.

You'll get over it.

 

Don't worry I paid about $8g for a rolling shell of a 65 coupe in Australia three years ago with a motor that was tied down in the engine bay with rope. It had no interior, brakes, wiring and a whole lot of missing parts. The only good thing was it had new cowls. floors, quater panels and doors. Very straight car. But thats what you pay for them in this country. We see that price and think you got a great deal.

 

Completely depends on where you are as the price changes from location. I'd say you overpaid a bit but when its all said and done with who cares. You got the car you wanted and at time of sale must have been ok with the price or you wouldn't have paid. Also remember that some people luck into deals and you see that quite often in online postings. I bought our running 67 with a rebuilt 289 for under 1,000.00 but I happened to be 'in the right place at the right time'. Just before I bought it I was looking at another 67 with an non-running 390, the guy was asking 5500.00 for it and I almost bought it.

Be happy with the car and don't worry about what you paid as its not that bad really (depending on condition of course).

 

What's done is done. Don't look back just look forward.