racer714 Posted August 10, 2004 Report Posted August 10, 2004 hey all you Il res, I bought a banshee from another fellow Il res, he had the title too, imagine that! Anyway, do I have to title it in my name and pay taxes on it. Any idea how? Also, I live in Barrington, anyone live near who wants to hook up and ride? Quote
iceman Posted August 10, 2004 Report Posted August 10, 2004 If I lived in Illinois and I had a banshee I would ride with you but I don't and I don't know about regristration either. So...I was a basket full of help wasn't I. Quote
dogboystoy Posted August 10, 2004 Report Posted August 10, 2004 Well, If you register it into your name, you will have to pay taxes on it. The newer it is the more the taxes will be. They will estimate its value and charge you the taxes. I can understand why you would want to register it in your name (just in case it gets stolen etc.) But other than that there is no advantage in registering it. The state will get tax money for a machine that they provide no trails to ride. You will get a ticket if you ride on a road weather it is registered or not. I guess it would be like a bycicle, except the state provides trails for bycicles. FOKERS. I had mine registered in my name because i bought it new, but, I would never go and register it unless I was going to get some benefit out of it. Also, You will need a proof of sales tax paid if you decide to get a sticker, in lets say, Wisconsin. Wisconsin has state funded trails. And you can get an out of state sticker for 15$ (I think) to ride their trails. If you dont have the "proof of taxes paid" then Wisconsin will charge you the taxes. So if you are just going to ride on a farm or take it to some ATV parks like the badlands in Indiana, I wouldnt register it. Quote
racer714 Posted August 10, 2004 Author Report Posted August 10, 2004 Yo dogboytoy, thanks for the heads up, want to get together and ride sometime? Quote
white trash Posted August 11, 2004 Report Posted August 11, 2004 dogboytoy hit it on the head. Racer Im about an hour away from you in Rockford, shoot me a pm if your ever looking for someone to go riding with Quote
initall Posted August 11, 2004 Report Posted August 11, 2004 I will be up for riding soon , once my shee is back together. Let me know i know exactly where Barrington is i live about hour to an hour and a half away in WI. Quote
dogboystoy Posted August 11, 2004 Report Posted August 11, 2004 Sounds cool. I will be traveling agin for a couple of weeks (gotta earn some kizash). Anyway, I live in Oregon, IL. Its about 30 minutes from Rockford. There is a small but cool track to ride at, right near my house. Its called KITRACKS. They have a website. Cost is 10$ A day and 5$ per year to join their club. If you guys want to hook up in lets say early September, I would definitely be down with that. Unless of course you guys have another place to ride. Quote
racer714 Posted August 11, 2004 Author Report Posted August 11, 2004 sounds good dogboytoy, if you have Im my im user name is AER Dave L Quote
Capone Posted March 8, 2005 Report Posted March 8, 2005 I live in IL, bought my shee off a kid, told the bank it was for racing and had not been titled. They gave me the loan, I never registered it because this bullshit state gets enough taxes off shit they shouldn't. So fuck them. p.s. I live in Spfld, I would love to ride sometime. Quote
Holyman Posted March 8, 2005 Report Posted March 8, 2005 Woah I may be the closest one to you. I live near Gurnee Mills/ Great America. Anyway... since you are a rich boy {yes I know there are alot of million dollar homes in Barrington} you should have nothing to worry about I'm just messin' with you man. In reality, you should pay to get the title in your name. You will pay about $35 in tax. Here's why... You will not be able to insure it which is a must. The other thing is that if you ever plan to ride in wisconsin, you will need proof of ownership and proof that you paid tax. If you don't have that, you will need to pay tax to Wisconsin . Send me an email and we'll talk. Maybe we can get together and ride some time. [email protected] Quote
Capone Posted March 8, 2005 Report Posted March 8, 2005 Wow, holyman, didn't know you were from il... Check this out guys... BHQ Badlands meet: http://www.bansheehq.com/forums/index.php?showtopic=41599 Quote
Holyman Posted March 8, 2005 Report Posted March 8, 2005 Wow, holyman, didn't know you were from il... 335330[/snapback] Yep from ILL but only since December 1st 1966 Quote
ondeeeznuts Posted March 8, 2005 Report Posted March 8, 2005 THe only logical reason to register in IL. is for insurance purposes, other than that, I wouldnt worry about it Quote
blk02banshee Posted March 9, 2005 Report Posted March 9, 2005 THe only logical reason to register in IL. is for insurance purposes, other than that, I wouldnt worry about it 335393[/snapback] Another logical reason would be if it ever got impounded. If the title is'nt in your name, you won't get it back. Quote
racer714 Posted March 9, 2005 Author Report Posted March 9, 2005 Shit! didn't think about that impounded reasoning. I may just have to go get it titled inmy name now, I have been known to hotlap it around the subdivision up here in barrinton. It pisses the stiffies around me off, but I don't do it often. Any way I wanto hook up with all you locals around here for a rides oon, I'm waiting on my new rear tires now. Quote
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