1994 Jaguar XJ220 once considered Jaguar’s fastest-ever road car is for grabs at Historics auction

November 9, 2017 – 05:26 am
Registered with Lotus 7

Sports car collectors now stands a rare chance to grab Jaguar’s one of the fastest road car presented in immaculate condition throughout and having just one owner from new over the last 19 years, the 1994 Jaguar XJ220 at Historics at Brooklands’ classic and collector car auction on Saturday, March 9. And the fact that this visceral motorcar is one of just 11 lefthand drive XJ220 cars finished in Daytona Black, and comes with an original Jaguar Sport build record sheet and the Howard Davies-signed thank-you letter from Project XJ220 Ltd., which makes it ever more rarer and sought-after. However, the interested bidders for this 1994 Jaguar XJ220 with odometer reading of just 16, 798, should also note that if this car which is now in France is to be imported permanently into Britain then vat will be applicable and charged at 20% of the auctioned/hammer price. Besides, we have also seen the sale of some classic Jaguars, including the first XK120, the first D-type which fetched a record million dollar price on auction, and the rare Jaguar C-Type replica based on original 1953 version which was expected to sell for over $200, 000.

 

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Source: GarageMahals

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Sales Tax on Used Cars - Read this !

2010-06-08 06:03:25 by lotusseven

Just bought a used 96 truck that is totally trashed to fix up . $600 was the sale price complete with bill of sale signed by the seller . When trying to register the thing the lady at the Cty Office looks up the value of a 96 truck and wants to charge me the sales tax on $5000 . A sales tax law went into effect in 1996 . The tax is based on 80% of the value of the car based upon the price when new regardless of it's current condition or mileage . SO even if you buy a 2002 non running -shell on wheels for $50 that vehicle will cost you the sales tax on 80% of full market value . You can thank Governor P for that one . It was slipped in and activated in 1996 . Think twice before buying that used car for $500 the sales tax can cost well over 3 times the cost of the car. If you decide to...

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