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Mazda RX-8 2007 Brand New

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Old Oct 14, 2008 | 02:00 PM
  #1  
keinayo's Avatar
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From: New Jersey
Mazda RX-8 2007 Brand New

Brand new never titled Mazda RX-8 2007. You will be the first owner. Manual transmission, 232 horse power. This is the "sport" model, with cloth interior. I bought this car from a dealer in IL a couple of months ago, and drove it back home to NJ (700 miles). Since then, it has been sitting in my garage, and it now has 752 miles. I never titled it. My goal was to use it for racing, but I cannot justify a third car right now. Title is clear, no lien (I paid in cash). You will have the reamining warranty, and as of today, Mazda has extended the warranty on the drivetrain (Engine, Transmission) to 100,000 miles. The original MSRP of the car is more than $27K. Yours for a fraction. My loss, your gain. I can assist with shipping if needed.

Asking $18,900


here is a link to the ebay auction. I can end the auction at any time:

http://cgi.ebay.com/ebaymotors/ws/eB...ksid=p3907.m32

Since some concerns have been raised about the fact that i have no posts, here is a link to my bio and contact information. Call me, shoot me an email, or send me a PM here.

http://www.gtlaw.com/People/YoramKeinan

Last edited by keinayo; Oct 15, 2008 at 06:45 AM.
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Old Oct 14, 2008 | 02:10 PM
  #2  
REsuperD's Avatar
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i think i've seen this car on ebay before. it looks nice. how was it not titled? do you have a dealer license or something?
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Old Oct 14, 2008 | 03:13 PM
  #3  
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From: New Jersey
Yes, i bought it of ebay.

I don't have a dealer plate. I simply got a temporary plate from the dealer for a month, drove it home, and put it in my garage, and have not driven it yet. If someone buys it from me, I can simply assign the title. I can take pictures of the title and post it here also.
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Old Oct 14, 2008 | 05:10 PM
  #4  
dozer's Avatar
on his 3rd rx8
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From: santa ana, ca
^hmmmm sounds kinda fishy from a guy that has no post count, and no REP here on the 8 club
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Old Oct 14, 2008 | 08:24 PM
  #5  
keinayo's Avatar
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From: New Jersey
Take a look at my ebay feedback. 100 percent positive. and, of course, I do not have too many posts because I only purchased the car two months ago, and now selling it.
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Old Oct 15, 2008 | 01:22 AM
  #6  
SayNoToPistons's Avatar
Wheels, not rims!!
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From: LA
It says "New York, NY". I assume it's in NYC? If so, where? I would like to check it out in person.
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Old Oct 15, 2008 | 01:51 AM
  #7  
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Originally Posted by dozer
^hmmmm sounds kinda fishy from a guy that has no post count, and no REP here on the 8 club
My thoughts exact. A lot of fishyness about this.
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Old Oct 15, 2008 | 06:23 AM
  #8  
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From: New Jersey
I work in NYC and live in chester NJ. Send me a PM

Originally Posted by SayNoToPistons
It says "New York, NY". I assume it's in NYC? If so, where? I would like to check it out in person.
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Old Oct 15, 2008 | 06:25 AM
  #9  
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From: New Jersey
Do a google search on Yoram Keinan and you see who I am. Also, take look at miataturbo.net. I have 21 positive feedbacks there as well

and yes, that comes from a guy with 2 posts more than me.

Originally Posted by DARK R3
My thoughts exact. A lot of fishyness about this.
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Old Oct 15, 2008 | 07:26 AM
  #10  
REsuperD's Avatar
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From: CA
everyone relax. this looks legit. it's just that i'm not aware you can not title a car when buying from a dealer new, which is why i thought you had a dealer license or some kind of resale permit or something. the car looks great. good luck
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Old Oct 15, 2008 | 09:20 AM
  #11  
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From: New Jersey
Thanks! and just to clarify, any time you buy a car out of sate (I reside in NJ and this was purchased in IL), the dealer will not title. They will give you the title to go to your own DMV. I am going to scan the title that I have and post it here.

Originally Posted by REsuperD
everyone relax. this looks legit. it's just that i'm not aware you can not title a car when buying from a dealer new, which is why i thought you had a dealer license or some kind of resale permit or something. the car looks great. good luck
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Old Oct 19, 2008 | 05:11 PM
  #12  
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From: Toronto/Windsor
if you can wait exactly a year (for my lease to run out), I will buy it from you
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Old Oct 19, 2008 | 06:30 PM
  #13  
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I spy a lotus.
That yours too?
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Old Oct 20, 2008 | 06:33 AM
  #14  
keinayo's Avatar
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From: New Jersey
What are you leasing? Maybe I will take it off your hands if you buy mine.

Originally Posted by Chris_Bangle
if you can wait exactly a year (for my lease to run out), I will buy it from you
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Old Oct 20, 2008 | 06:33 AM
  #15  
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From: New Jersey
Originally Posted by briann
I spy a lotus.
That yours too?

Yep. As I said, too many cars
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Old Oct 20, 2008 | 07:12 AM
  #16  
Imp's Avatar
Imp
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From: SE Mass
First and foremost to the buyer: There has been no taxes paid on this car because it hasn't been registered yet. When you go to register the car and title it, you're going to owe the sales tax on the original purchase price, and a penalty for taxes not having been paid on it. Factor that into the purcahse price of the car. (IMHO, the $18.9K should be more like $16.9K just for that).

On top of that, if the state the car is in assesses property taxes on cars, there are back taxes due on it because most states start that from the day the car is bought, and a penalty on that also.

Trying to register the car in the same state is going to be rather difficult at best before those taxes are paid.

I suggest having the owner of the car register and title the car before buying. The only way to be sure there's nothing fishy with it and you don't get any surprises when you go to register and title the car. I'm talking a hit in the 3-4 thousand dollars range when it comes time to register the car.

--kC

Last edited by Imp; Oct 20, 2008 at 07:15 AM.
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Old Oct 20, 2008 | 09:48 AM
  #17  
keinayo's Avatar
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From: New Jersey
Well, many states will have you pay sales tax even if I pay the tax now. (e.g., NJ). I am more than happy to register the car in NJ. In fact, based on the uncertanty on this issue, i have already decided to go ahead this coming week and register the car in NJ.


not sure about penalties, however. It is not late for the subsequent buyer. Any subsequent buyer is not bound by the fact that the car was purchased by me a couple of months ago.

anyhow, unless some buys it on ebay by tomorrow, the car is going to be registered, and most likely I will keep it for the winter.
Originally Posted by Imp
First and foremost to the buyer: There has been no taxes paid on this car because it hasn't been registered yet. When you go to register the car and title it, you're going to owe the sales tax on the original purchase price, and a penalty for taxes not having been paid on it. Factor that into the purcahse price of the car. (IMHO, the $18.9K should be more like $16.9K just for that).

On top of that, if the state the car is in assesses property taxes on cars, there are back taxes due on it because most states start that from the day the car is bought, and a penalty on that also.

Trying to register the car in the same state is going to be rather difficult at best before those taxes are paid.

I suggest having the owner of the car register and title the car before buying. The only way to be sure there's nothing fishy with it and you don't get any surprises when you go to register and title the car. I'm talking a hit in the 3-4 thousand dollars range when it comes time to register the car.

--kC
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Old Oct 20, 2008 | 10:42 AM
  #18  
REsuperD's Avatar
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From: CA
not sure about back taxes and penalties, but that doesn't really sound right. registered or not, whoever buys it will have to pay use tax (in most states) when he/she registers the car anyway. the difference b/t this and a used car is, i think, the buyer will be taxed not on the price he/she reportedly paid (as w/ a used car) but on whatever invoice price or whatever is on record for this new car. i'm assuming kinda like when you get a free phone you have to pay taxes on the list price. so it'd just be whatever tax rate calculated based on the original sticker price. there's no catch here. you registering the car would just cost you some $ and the car instantly becomes used

the only catches that i see are: 1. some states, especially california, will not let you register a NEW car unless it was originally legally sold in cali or if it has certified california emissions. if you sell the car to a buyer from such a state who runs into difficulty registering the car, he/she might ask you to register the car first so it'll be used and register-able. 2. i dunno who would find this out or where one would get stuck, but if it's not titled and never registered, then no fees or taxes have been pad so technically it's not supposed to be driven or used on any roads whatsoever. the temp dealer plates expired so TECHNICALLY it's not street legal. of course you can transport/drive it to the dmv to get it registered. but i can see someone somewhere along the line in the bureaucracy accusing you of using a vehicle on public roads illegally, and without insurance. but seeing that it only has 750 miles i think it's pretty easy to defend that

this is like a mothballed car, and i like how it's totally basic. if i had 18k to play i'd totally buy it. i'd work w/ whoever buys the car about the registration issue, be prepared to register it if the buyer insists and/or needs. if he/she doesn't mind or can get the car registered and not get ripped off by the dmv w/o you registering if first, you'd save a few grand. good luck
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Old Oct 20, 2008 | 11:37 AM
  #19  
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From: Toronto/Windsor
Originally Posted by keinayo
What are you leasing? Maybe I will take it off your hands if you buy mine.
I leased an RX-8 GT. Given that I got into track driving, yet can’t have a separate track car (unless I divorce); I am planning to buy one when my lease expires so I can tweak it a bit more to my liking.

Goodluck with the sale
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Old Oct 20, 2008 | 12:52 PM
  #20  
EDZRIDE's Avatar
2005 White GT
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From: Spokane Valley, Washington
Originally Posted by REsuperD
the only catches that i see are: 1. some states, especially california, will not let you register a NEW car unless it was originally legally sold in cali or if it has certified california emissions.
If it's not certified for California emissions, it must have 7500 miles on the odometer; new or used.
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