Annual Ad Valorem Tax, Teeners get no respect |
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Annual Ad Valorem Tax, Teeners get no respect |
JawjaPorsche |
Aug 18 2019, 10:10 AM
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#1
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Advanced Member Group: Members Posts: 3,463 Joined: 23-July 11 From: Clayton, Georgia Member No.: 13,351 Region Association: South East States |
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) |
gandalf_025 |
Aug 19 2019, 09:37 AM
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#2
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Senior Member Group: Members Posts: 1,453 Joined: 25-June 09 From: North Shore, Massachusetts Member No.: 10,509 Region Association: North East States |
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..?? |
Superhawk996 |
Aug 19 2019, 01:05 PM
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#3
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914 Guru Group: Members Posts: 5,827 Joined: 25-August 18 From: Woods of N. Idaho Member No.: 22,428 Region Association: Galt's Gulch |
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? (IMG:style_emoticons/default/av-943.gif) |
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