Complicated pinkslip situation..

[Kevin920415]

So I bought my sileighty back in April 11' HOWEVER, I have not registered the vehicle and decided to sell due to money issue at that time. (I was dumb for not registering it and selling it -.-"

The car was parted out and I ended giving my shell to my close friend.
However, the problem is.. I received the letter from BOE stating the actual price I bought it for from the previous owner instead of "the" value I put down in the pink slip..

Have you guys ever been in this situation?

I'm left with 23 months of interests...penalties.. on top of the tax..

Has anyone been in this type of situation?

I have an option to apply for exemption for "Purchasing for Resale"

Any guides or tips to get out of this mess can help alot...

[ixfxi]

post a copy of the letter and remove your personal info
i'de love to see how the BOA is trying to squeeze money out of you, that sounds common

you can probably clear the situation up by going there in person and showing that the vehicle was decomissioned/destroyed and is no longer a registered street car.

im sure you will still owe a certain amount of taxes since you never paid them, plus penalties (of course). its the system, and they want you to chip in

[bb4_96]

California FTL. I think I owed something like an extra 16 cents in interest and penalties for putting off stuff on my 240.

[Kevin920415]

When I bought the sileighty.. car was literally falling apart.. Broke and stupid I was back then.. I had to sell the car by parting it out..
then I decided to give my friend the shell.. since he helped out in parting it out....

I guess my friend turned in the bill of sale between the previous buyer and myself..
Can I just tell them that I sold the car to him within 10 days of purchase?

I estimated around $800 in fees.. and I just received this letter to.. I wonder why they didn't send this letter any sooner..

I just want to get this cleared up so I can focus on my current car... -.-''



http://farm9.staticflickr.com/8481/8208580133_ccd8c0512a_c.jpg
http://farm9.staticflickr.com/8059/8208575511_9c82b08725_c.jpg

[ixfxi]

better have an accountant look at that and give you financial advise

why did they wait 24 or so months to send you that letter? because its profitable for them, obviously.

[Kevin920415]

^^ hahaha you gotta see what they sent me. such a MESS.

[ixfxi]

post it up, lets see