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> Annual Ad Valorem Tax, Teeners get no respect
JawjaPorsche
post Aug 18 2019, 10:10 AM
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I am not complaining because I don’t like to give money to the government but I just got my tag registration renewal notice.

My annual ad valorem tax on my 914 is only 78 cents!

Should I tell them my teener is worth more? Naaaa...I think I just keep my secret, Well a....secret! (IMG:style_emoticons/default/rolleyes.gif)
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gandalf_025
post Aug 19 2019, 09:37 AM
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In Massachusetts, you pay to register vehicles and then
have to renew them every couple of years.. Personalized plates
Cost extra. And yearly inspections are 35.00 ..
Then there is the Yearly Excise Tax on every vehicle..
That is based on the MSRP of your vehicle and decreases yearly till
it Gets To 10% of the MSRP and stays there forever..
The tax is 25.00 per 1000.00 of value accessed.
So my 914 is still valued at 550.00 and the 1990 Vette
Is valued at 6000.00 and they will never go any lower.

How’s that sound..??
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Superhawk996
post Aug 19 2019, 01:05 PM
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QUOTE(gandalf_025 @ Aug 19 2019, 11:37 AM) *

In Massachusetts, you pay to register vehicles and then
have to renew them every couple of years.. Personalized plates
Cost extra. And yearly inspections are 35.00 ..
Then there is the Yearly Excise Tax on every vehicle..
That is based on the MSRP of your vehicle and decreases yearly till
it Gets To 10% of the MSRP and stays there forever..
The tax is 25.00 per 1000.00 of value accessed.
So my 914 is still valued at 550.00 and the 1990 Vette
Is valued at 6000.00 and they will never go any lower.

How’s that sound..??


Sounds like you don’t really own your cars on the east coast. You simply rent them. Otherwise the Govt says you owe taxes on them and can take a lien or repossess? Do I understand that correctly?

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