|
|
|
#1
|
|||
|
|||
Tax appraisal value ripp off - rant
Sorry, this is just a rant.
I just got back from Denton county tax assessor so that I can register my 89 560SEC. The bill came up to 1/3 of what I paid for the car. When I saw the assessed value, they listed it for 3 times what I paid for the car, and more inline with what I would expect to pay for a 2002 Mercedes and not a 23 year old project car with a 150,000 miles. When I questioned it, they said that I can take it to their appraiser and pay $100 for them to re-appraise it. This seems to be a common trend with Denton Co. Instead of raising taxes, they ding you by over valuing your property so that they can tax you more. They've attempted to increase the value of my house by more then 40% since the housing crises began. What a racket.
__________________
With best regards Al Last edited by alabbasi; 02-01-2012 at 12:26 PM. |
#2
|
|||
|
|||
They do the same thing in NYC, but if you get the seller to sign a form affirming that the sale price was whatever it was, you can get the extra tax back.
|
#3
|
|||
|
|||
Yep, nothing like that here. They force you to fill in a form, but rape you anyway.
__________________
With best regards Al |
#4
|
|||
|
|||
Well, you have lower income tax, so they have to make the money back somehow
|
#5
|
||||
|
||||
Quote:
New Jersey will send a letter to the buyer suggesting additional tax due if the recorded purchase price look screwy. That, or else get the seller to sign an affadavit verifying the sale price. Good luck with that! |
#6
|
|||
|
|||
It's a sales tax. I don't have an issue with the tax as I do with the appraisal value. It's fair to pay tax on what you buy. It's unfair for them to decide what they think it's worth and tax you on that. This amounted to a 30% tax which is considerably more then what I would pay in taxes when I lived in Europe.
That's a red state for you.
__________________
With best regards Al |
#7
|
||||
|
||||
Next door to you (Utah) they tax your car purchase every time. This is one thing I don't understand here in the states. How it is "legal" for the state to tax you on a second hand goods? Back in the UK, you pay VAT on new car purchase, but after that, neve ever again. If you buy a old car you never pay tax on it ever again.
__________________
http://i680.photobucket.com/albums/v...7/scotflag.gif http://i680.photobucket.com/albums/v.../scot2flag.gif "If women are so bloody perfect at multitasking how come they can't have a headache and sex at the same time?" Billy Connolly |
#8
|
|||
|
|||
It's a sales tax rather then a value added tax. Sales taxes are applied for each transaction.
__________________
With best regards Al |
#9
|
||||
|
||||
Must be a Denton county thing...
...didn't pay a dime more for a used vehicle I purchased through a broker in Dallas county...TTL matched the % cost of the vehicle levied by Dallas county. Not sure why Denton works that way?
__________________
2009 ML350 (106K) - Family vehicle 2001 CLK430 Cabriolet (80K) - Wife's car 2005 BMW 645CI (138K) - My daily driver 2016 Mustang (32K) - Daughter's car |
#10
|
||||
|
||||
OK, but once again in the UK you pay tax ONLY to a new items, period.
__________________
http://i680.photobucket.com/albums/v...7/scotflag.gif http://i680.photobucket.com/albums/v.../scot2flag.gif "If women are so bloody perfect at multitasking how come they can't have a headache and sex at the same time?" Billy Connolly |
#11
|
||||
|
||||
In NJ, the '83 has historic plates, so no registration fee, no state inspection and the only tax I paid on it was 7% of the value of the purchase price, one time.
No limitation on mileage with the historic plates, either. It just can't be a daily driver. The price I pay for that is living in NJ
__________________
85' 300D No inspection, No registration fees, Cheap insurance "If my calculations are correct, when this baby hits 88 miles per hour, you're going to see some serious %$&^." |
#12
|
||||
|
||||
Quote:
Sixto 87 300D |
#13
|
||||
|
||||
My town has my TD appraised value, and thus taxed, at $6000! It's realistically a sub-$1000 car, maybe $1500 if pumped up to the million-mile/greaser crowd. I can bring the car to one of three hearings, all in September, to show the committee that it's not worth anywhere near $6K. Unfortunately I haven't been able to make it to one of those hearings yet.
__________________
1980 300TD-China Blue/Blue MBTex-2nd Owner, 107K (Alt Blau) OBK #15 '06 Chevy Tahoe Z71 (for the wife & 4 kids, current mule) '03 Honda Odyssey (son #1's ride, reluctantly) '99 GMC Suburban (255K+ miles, semi-retired mule) 21' SeaRay Seville (summer escape pod) |
#14
|
||||
|
||||
Quote:
__________________
1980 300TD-China Blue/Blue MBTex-2nd Owner, 107K (Alt Blau) OBK #15 '06 Chevy Tahoe Z71 (for the wife & 4 kids, current mule) '03 Honda Odyssey (son #1's ride, reluctantly) '99 GMC Suburban (255K+ miles, semi-retired mule) 21' SeaRay Seville (summer escape pod) |
#15
|
|||
|
|||
Quote:
That's a blue state for you. |
Bookmarks |
Thread Tools | |
Display Modes | |
|
|