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Why Everyone is Registering Their Car in Montana - YouTube
Channel: Donut Media
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[Engine Revving]
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- Seeing a Supercar in person is rare
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but have you ever noticed
when you see one in the wild,
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it always has either a
Montana or Vermont plate?
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Why are these cars
registered in these states?
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Are they tax havens?
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Are they good driving states?
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Are Vermont and Montana
the only states like this?
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Well join us as we figure out the reason
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Supercars are registered
in states the owner
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probably doesn't live in
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and how that benefits
them in the first place.
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I love license plates.
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Here in the U.S.,
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every state has their own
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so it makes it super easy
to spot out of state cars.
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But what you might not have been aware of
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is that some of these license
plates you were spotting,
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were not on the up and up.
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In fact, most of the time
when you see a Supercar
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or RV with Montana plates,
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it's actually a rich person
from a different state.
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Who does think they're better than you.
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You see, when you're
making a major purchase,
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like a $3.3 million Bugatti Chiron Sport,
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the sales tax can be quite a doozy.
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For example, if you lived in L.A.,
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you would have to pay about
$315,000 in taxes and fees.
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Now what if I told you
that you could buy the same
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$3.3 million Bugatti
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and only pay a few thousand bucks in fees
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as long as you bought it in Montana.
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Is that something you'd be interested in?
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Of course it is.
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You could use that leftover $314,000
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to buy more silk toilet paper
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or whatever rich people spend money on.
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If I was rich,
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I'd buy flannel sheets.
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The reason for this is because
Montana has no sales tax.
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Oregon, Alaska, Delaware,
and New Hampshire
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are also tax-free
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but Montana is the best
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because they are the only
state that doesn't require
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a physical inspection of the car.
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Montana also doesn't
require emissions testing
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so you can roll coal without
fear of government retribution.
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And all this means you can literally
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buy a car in Beverly Hills
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and tag it 1,274 miles away billings
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without the car setting
tire outside of the 90210.
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[Engine Revving]
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This doesn't sound very legal,
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does it?
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But you'd be surprised.
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While it is illegal to
falsify the owner's address,
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there is nothing illegal about
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opening a shell company in Montana,
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purchasing a car or RV
through that shell company,
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and operating it in another state.
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In fact, there are a bunch
of companies in Montana
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that will help you do just that.
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Simply create an awesome fake
name like Nolan Syke's Cyclery
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and come up with a kick ass slogan like
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"we're psyched for syke's cikes"
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and the service will take
care of the rest of the stuff
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like mailing address and what have you.
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But just a word of warning,
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while this is technically legal,
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insurance companies are
not fans of this method.
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A traditional auto insurer
may refuse to pay claim
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if they can prove that a car
resides in a different area
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than that is listed on the auto policy.
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Speaking of insurance,
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sometimes people like to tag
their cars in different states
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to save on premium.
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For example, if you live in New York,
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you'll be paying and average of $1789
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but if you tag your car in
Vermont or New Hampshire,
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you'll only be paying
about $1100 for insurance.
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Smart.
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Another reason some people
plate their cars in other states
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has to with emission standards.
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[Engine Revving]
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Say you want to buy your
Uncle Ronnie's used C7ZR1.
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Now, Uncle Ronnie is the type
of man who likes restaurants
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that allow peanut shells on the floor
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and the exhaust systems
that sound kick-ass.
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That's led him to delete a few things
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from his exhaust system
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which may cause the car to fail
a California Emissions Test
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so what do you do?
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Simple.
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Tag that biscuit in Vegas,
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where the emissions standards are lower
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and then drive it to California.
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Disclaimer, I'm not a lawyer
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so maybe don't do that.
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I don't know.
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And just so you know,
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this isn't some California thing.
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Someone in Pennsylvania can save money
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and drive a less polar bear friendly car
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if they tag it in Ohio.
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Or if you live in New Mexico,
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you can go to Texas.
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Or if you live in Hawaii,
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you actually, you're kind of
screwed if you live in Hawaii
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but at least the scenery is nice.
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[Upbeat Music]
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So far we've been focusing
on out of state plates,
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but what about out of
territory plates, hmm?
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While it's definitely not
as common to see plates
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from U.S. territories like
the U.S. Virgin Islands,
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some of the coolest cars
come from U.S. territories.
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That's because you can
import cars into territories
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that you can't import into the U.S.
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and here's the kicker,
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it's omega easier to import a vehicle
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from a U.S. territory
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than another country.
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Mind blowing, right?
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Right now the most common
way to get a great market car
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that doesn't meet U.S. standards
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from crash tests, side
marker lights, headlights,
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safety chimes blah, blah, blah
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is to wait 25 years.
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We've done, I feel like
10 videos on that subject.
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You could also modify that
car to have all those things,
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argue that it is similar to
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an existing car in the U.S. market,
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or apply for a "Show
and Display" Exemption,
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but all those options can be surprisingly
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more difficult than they sound.
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So what if you want to own an illegal car
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like a, I don't know,
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Land Rover Defender 110 in Oklahoma?
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You can either buy one
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that is over 25 years old
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and costs about 125 grand
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or you can buy a relatively new one
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for 60 grand in the UK
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then spend another 15 grand in shipping
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and importing fees
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to get that biscuit unicorn tagged
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in the U.S. Virgin Islands.
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Not only do you save 50K,
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you also get an upgraded vehicle.
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Sounds like very specific example,
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I'm not pointing fingers at anybody.
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That's just an example.
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No one has done this.
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[Chiming]
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At this juncture,
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I just want to remind
everyone that we here at Donut
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do not condone any illegal registering
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or insuring of vehicles.
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As a matter of fact,
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it should be pointed out
that an attempt to skirt
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taxes, insurance premiums
and emission tests,
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can really come back to haunt you.
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[Engine Revving]
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Imagine going through all the trouble
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of buying that Defender 110
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and getting caught.
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Not only would you be
facing some legal troubles,
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there's also a good chance that Johnny Law
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is going to crush that Land Rover
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like it's a 94 Sunfire with terminal rust.
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And that would be heartbreaking.
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At the end of the day,
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plating a car with out of state plates
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or in extreme cases,
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out of territory plates
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may not be worth the risk or headache
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but depending on the owner, the car,
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and the state of residency
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some delicious juices just
might be worth the squeeze.
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[Beep]
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- Oh, did you miss the
holiday shipping deadline?
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Ugh, no problem.
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Introducing Donut digital gift cards,
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with numbers in the 'puter,
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give it your lovey-dove
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and hope you rock your donut by January.
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[Chiming Music]
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[Beep]
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I'm going to say it right now,
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if people paid their sales tax
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on that $3.3 million Bugatti,
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maybe our roads in L.A.
wouldn't be so (beep).
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How about that?
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The one car that I would do
that territory plate thing
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is the Alpine 110,
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the new one.
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It's like a rear-engine French car.
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Super sick.
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Might have to do that actually.
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Be nice, see you next time.
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