I paid less than $15 to register my 1992 Integra. I just put $1.00 as the sale price. The real amount paid was recorded on my Bill of Sale. :)
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I paid less than $15 to register my 1992 Integra. I just put $1.00 as the sale price. The real amount paid was recorded on my Bill of Sale. :)
Not down to $3...
Yeah we tried that this summer with my sister's car, but DMV went off the retail price instead...
Maybe it's a Private Party seller thing? I would imagine you can't do that same thing from a dealership seller. They fill out the title and you're forced to declare the sale amount and then made to pay tax on it.
THanks for the research Joe!
We don't know yet - she has until just before mid January to get it registered. Given it will officially be 1 yr older in January, I think we'll wait until just after the first of the year to register it - it might save her a few bucks!
Thanks for doing some research on this too Bowtie!
I love how the state differentiates between "ownership" and "personal property" taxes. As a person having to pay the taxes I really don't care what they call them - it's still a tax. I suspect they have two different names for the taxes so they can come in at a later time and charge BOTH taxes. Of course, they'll say "Ownership tax is in lieu of personal property tax. Vehicles do not need to be operated in order to be assessed this tax." - If you HAD to operate it to be taxed for it they'd lose all of the tax revenue for cars folks bought as junk an are restoring, or cars that have broken down and the owners can't afford to get them fixed for 2 years.
I especially love how they base the tax off of the "original value" of the car instead of it's true value today. Again, just another way to increase their revenue. Thieving buggers!
Keep in mind that the registration includes not just the ownership tax, but the severely increased "registration FEES" (note: not taxes, but fees).
That's cr@p. Not that I don't believe you; I totally do. I mean that I'm getting raped for $45/yr now for a '97 single axle 6'x12' utility trailer that only cost me $14 to register in '08. I realize that your Integra is 5 yrs older, but how can they justify charging 3x more for a single axle utility trailer that they are charging for a powered 2 axle vehicle? THIEVES! (For the record, the trailer is only for personal use [ATV hauling, taking stuff to the landfill, etc.] - not for commercial purposes. I know that they charge more for commercial vehicles.)
Thievery is EXACTLY what it is. I'll just have to stick with my old cars.