Cool, facts make this thread good. A little devil's advocate here...I'm guessing they are tightening up lax enforcement. By what I read here it has been abused.
Really, how many of our cars meet these stipulations?
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4. The vehicle currently qualifies for, and is covered by, motor vehicle insurance coverage of a kind intended for limited use collector motor vehicles, proof of which shall be supplied to the Motor Vehicle Commission at the time of application for designation as a collector motor vehicle, which policy shall limit the mileage of the vehicle to 3,000 miles per year or less; and either,
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Can you get collectors insurance on a 99 Z28, or a 91 Camaro RS (just to pick some random late models)? Maybe at best. I actually tried on the 99 just for S&Gs, and Hagerty told me no. And many 3rd gens may or may not be in their radars yet. Maybe through 85 or so. Hell, I do not even have a mileage limit w/Hagerty, but they might add one if I ask. It's just a policy endorsement. And I am ignoring the age & driving record factors these companies look at. But let's assume we can get the required coverage from some company with policy language that will make DMV happy...
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i. Proof that the vehicle was originally manufactured as a restricted issue make or model, or in a sufficiently limited quantity, according to any generally recognized compilation of motor vehicle statistical information on file with, or supplied by the owner or lessee to the Motor Vehicle Commission, as may be accepted by the Chief Administrator in his or her discretion, so as to establish the vehicle as a unique commodity having a current monetary value in excess of similar make and model vehicles with routine manufacture and distribution patterns; or
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I do not think "They are not made anymore" <> "
originally manufactured as a restricted issue make or model, or in a sufficiently limited quantity, according to any generally recognized compilation". And a 99 Z28 or a 91 Camaro RS are not "originally manufactured as a restricted issue". A Z06 might qualify. A 3rd gen 1LE car probably qualifies. Now, if I can get data down to the only 99 Z28 in this color/options package,
maybe. But even that might be a stretch. And I got $2 that says a note from NJFBOA carries no weight at all. Imagine if they checked the site?
What's your thoughts mtnhopper1? What does "..., or in a sufficiently limited quantity,..." mean legally? Grammatically, I read that as "originally manufactured...in a sufficiently limited quantity". Meaning now does not matter, time of manufacture does.
And they are taking "current monetary value in excess of similar make and model" into their (subjective) decision? Collctor <> valuble. That just makes no sense to me. But this is NJ state law....