Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
I remember a friend saying this is why you see all these Florida plates on L.I. Apparently snowbirds and other dual resident types buy and register the car in FL, paying their lesser tax, registration, etc. fees. Friend stated N.Y. was trying to crack down on this for some reason I can't remember (owner spent majority of time driving car in NY? Driver living and driving in NY full time despite FL plates?)
Might be good to get this in writing from any out of area dealer, and I doubt smaller non franchised dealers, private sellers, etc. would have any recourse, service like this. Don't want to drive all the way back to Pittsburgh PA to get that recall or faulty alternator work done...
One thought I had for those purchasing something used is storm and flood damage to L.I. cars. And it does not only apply to vehicles going back to the major storms. I see the south shore flood quite severely on a regular basis and cringe when I see people plowing through salt water, throwing wakes you could surf on several times a year. Even a recently purchased vehicle could have been driven in these conditions.
One possible incentive to going out of area.
Quote:
Originally Posted by sirtiger
Not sure how they are trying to crack down or even be successful. I can see insurance companies might try to crack down but that will be challenging. Only thing I can think of is EZpass logs.
I do know the IRS crack down on people who claims residency in FL (no state income tax) but really lives NY.
My friend works for an insurance company. This is a common occurrence. Car insurance in NY, especially in Brooklyn and the Bronx, is crazy expensive compared to places such as FL, VA, NC, etc... Part of the reason is because of the frequency of accidents as well as fraud due to mandatory no fault insurance. Insurance companies routinely investigate and catch people "rate jumping" and routinely deny claims when it is discovered. Insurance is based on where the vehicle is principally garaged aka where it is located most of the time. The reason for this is due to statistics and payout amounts for different areas. Insurance underwriting is a crazy involved game based on large amounts of data.
My friend works for an insurance company. This is a common occurrence. Car insurance in NY, especially in Brooklyn and the Bronx, is crazy expensive compared to places such as FL, VA, NC, etc... Part of the reason is because of the frequency of accidents as well as fraud due to mandatory no fault insurance. Insurance companies routinely investigate and catch people "rate jumping" and routinely deny claims when it is discovered. Insurance is based on where the vehicle is principally garaged aka where it is located most of the time. The reason for this is due to statistics and payout amounts for different areas. Insurance underwriting is a crazy involved game based on large amounts of data.
Its basically insurance fraud in a way. People can hate on insurance all they want. When they finally need them...esp. in a multi-million dollar lawsuit/claim, they are the savior.
Now that's a bonus, hands with hats , content directional, slow speed AND no inspection. Glad I am not in Florida.
Don't get too excited. No salt on the roads and most cars do less than 10,000 miles a year. And when they die it's usually from hitting a building or going into a pool.
Its basically insurance fraud in a way. People can hate on insurance all they want. When they finally need them...esp. in a multi-million dollar lawsuit/claim, they are the savior.
The exact term is material misrepresentation and you are absolutely correct.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
