Tax Man Cometh, Why you car is worth 13K even if it is a rusty hulk Options

[ctc911ctc]

Happy Teener Day,

Bought a 'garage find' oct 18 for 3K, worked on it in the garage until this month, then I went and registered it in Massachusetts (Tax-a-chusetts).

Was told that it would be valued from the NADA retail book, for a '74 2.0 this is $13,150. Tax: 821.88.

But it gets better.......

Since I bought it 8 months previous, I have to pay a penalty for not registering it when I bought it. This comes to $294.12.

But it gets better........

When I politely inquired if I could appeal this assessment, I was told YES, here is the process.

https://www.mass.gov/files/documents/2018/1...sc-form-abt.pdf

If you look at page 3, in essence they saw me coming and had me all figured out.

So, if you have an old Porsche in MA and have not registered it in a while, move it to a friends house in NH or RI, register it there and then transfer.

[Larmo63]

I'm surprised the pointy headed _____________ in Sacramento haven't figured out to use the NADA book values.

So far, I've had pretty good luck getting around their shenanigans.