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flippa |
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#1
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Advanced Member ![]() ![]() ![]() ![]() Group: Members Posts: 3,179 Joined: 7-May 07 From: Boston, MA Member No.: 7,720 Region Association: North East States ![]() |
I went to get the title for my car today at the registry. I will admit that it has been years since I have been there to register and/or get a title for an older car.
The woman at the counter told me that Massachusetts no longer assess the sales tax on the sales price of the car as too many people were cheating the system. The sales tax would be based on the car's book value. She left to go & look up my car's value. I thought to myself, "it's 37 years old, how much could the assessed value really be?" I was shocked when she returned & told me that the car had a value of $8,900, and the tax would be 5 percent of that value, or $445. WTF????? I told her that I was surprized, stating that it is a 37 year old restoration project. I asked nicely if she was sure about the value. I explained that I had the bare bones 1970 4 cylinder car, not the 6 (no need to piss her off, she is going to have a part in deciding how much I will be paying). After looking up the value again, she came back & asked if $5,400 was better. What could I say? I was "saving" $175. Walked out with my new title and several hundred dollars less in my checking account. How do the Department of Motor Vehicles / Registrys determine the value of the cars? Is it the same value that an insurance company would be using? Who determines these values? I know the 914's are increasing in value, but $8,900???? What is my 914 really worth? |
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TC.356 |
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#2
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Member ![]() ![]() Group: Members Posts: 83 Joined: 10-January 07 From: Massachusetts Member No.: 7,443 ![]() |
Same thing happened to me at the Plymouth registry ! ! ! !
The traffic (left over from the Big Dig, which was SUPPOSED to solve the traffic back-up) was all jammed up. I couldn't get NEAR the Boston Registry Office. They were nice enough, and asked the condition from one to six. I chose one, she said it had to be at least three if I was driving the car. Cost me like three hundred all together, but I got the plates. MA is a VERY, VERY different place ! ! ! ! |
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Lo-Fi Version | Time is now: 10th May 2025 - 03:57 PM |
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