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What to do with a donor car?
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Ghh
New User
Sep 27, 2013, 12:11 AM
Post #1 of 2
(1454 views)
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What to do with a donor car?
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OK - need some advice. I have a 1995 Isuzu Rodeo that threw a crank bearing. Not worth repairing. But I just bought an identical model/year rodeo and plan to keep the first one for donor parts as needed. This brings up some questions:
Can I stop insuring the donor vehicle?
Can I declare it "totaled" and not pay property tax on it?
ANy other issues or advice?
THanks
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Tom Greenleaf
Ultimate Carjunky
/ Moderator
Sep 27, 2013, 1:01 AM
Post #2 of 2
(1440 views)
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Re: What to do with a donor car?
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This stuff will vary place by place. If allowed to have a "salvage" motor vehicle for parts or whatever the heck you want it for ( a yard ornament?) then I don't see why you need to register and insure it.
It's registering a car to have the plates where I am specifically that triggers need for insurance, hence a residual tax of 2.5% / year based on the original value of the car when new.
Again local rules/laws even a shell of what was a motor vehicle will be a separate liability from any dwelling insurance rented or owned so a rock and a hard place but said that's right where I am not everywhere.
Simply, you need to check locally what the rules are,
T
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