Posts Tagged ‘YAFWR’

Why is It That the 99% Pays the CA DMV for Auto Registration But the 1% Ferrari Lambo Crowd Doesn’t?

Monday, June 18th, 2012

Here’s the 99% in Lane 2 – no apparent problems here: 

Click to expand

And here’s what’s in Lane 1 a few miles down the very same freeway  - it’s YAFWR (Yet Another Ferraro Without Registration):

Do you know why the richers of California tend to go without license plates on their Ferrari and Lamborghini and whatnot? Well, it’s because of the cost.

Buying a Ferraro like this one to tool around on the weekends for a little while will run you $20-something thousand in “use tax” whether you drive it a little or a lot. So what you’ll need to do is to make some arrangement with your cheesy exoticar dealer – if you think about it for a while, you’ll figure something out.*

And the Tax Man prolly won’t catch you.

So that’s why the 99% pays the CA DMV for auto registration and the 1% Ferrari / Lambo crowd does not.

*Oh, it’s a race car, not a regular car. Oh, as soon as I bought it I took it to, let’s see here, Nevada? Yeah, Nevada. As a 1%-er, I live in the crappy, windblown, high desert of Nevada instead of gorgeous California – do you buy that? Oh, that was a repositioning trip, and, you know, I hated it. I don’t actually like the job of ferrying Ferrari about, it’s such a burden. Oh, it’s…