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#1 |
Registered User
Join Date: Jun 2014
Location: New Bern, NC
Posts: 177
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Tax Value = Outrageous!
So, I get my annual tax and tag fees for my 71 Super Cheyenne and my eyes about popped out of my head. Really? Appraised value is $9000 for this wore out rusted POS! I can't wait to get the one for my Buick Grand National...
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1971 Cheyenne Super - Factory Big Block - Second (1987-89) & Fourth (2014-) Owner - To be restored 1978 Turbo Malibu - Owned since 1986 1987 Grand National Aerocoupe -1 of 1 1988 LeSabre T-Type - Supercharged |
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#2 |
Registered User
Join Date: Jan 2015
Location: Uncle Sam knows
Posts: 286
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Re: Tax Value = Outrageous!
Wow that sucks, I didn't know some states charge tax every year. My home state charges a flat 6% property tax when you register the car plus yearly tags. I got a Historic plate for my truck so the yearly fees are only about $10.
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#3 |
Registered User
Join Date: Jan 2015
Location: Dayton OH
Posts: 27
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Re: Tax Value = Outrageous!
Dang man that's awful. I'm an out of state military so I manage to skip even the one time assessment of sales tax following purchase
![]() So glad cause my 57 Belair would have killed me! ![]()
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Current: 1970 C-10 350 long bed "The Mammoth" 1957 Belair 2dr HT, 283, Muncie M-21 Past:1931 Ford Model A PU, 1928 Ford Model A Business Coupe, 1949 Willys-Overland PU, 1953 Willys PU |
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#4 |
Registered User
Join Date: Nov 2001
Location: Moneta, VA USA
Posts: 3,079
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Re: Tax Value = Outrageous!
When I went to Title my '72 C-30 here in Virginia last year, the lady said the truck is listed at a value of about $6,500 !! I had heard ahead of time that a Bill of Sale would be necessary too prove the current value and made sure that I got one from the seller along with the Title when I bought the truck. With that proof, I only had to pay Sales Tax on $2800.
The County Property Tax, in my case, is then reflected from that DMV value. I would call your Tax office and try to get it adjusted.
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'60-'72 Chev/GMC Fan GMC 9500 Fan Detroit Diesel Fan |
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#5 |
Registered User
Join Date: Jun 2014
Location: New Bern, NC
Posts: 177
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Re: Tax Value = Outrageous!
There's a county tax and a city tax. If I lived outside of the city, there's no city tax.
DMV quit allowing you to just say "I paid $500 for the vehicle". They got smart because everyone was telling them they bought the car for cheap so they didn't have to pay more taxes on it when they bought new tags.
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1971 Cheyenne Super - Factory Big Block - Second (1987-89) & Fourth (2014-) Owner - To be restored 1978 Turbo Malibu - Owned since 1986 1987 Grand National Aerocoupe -1 of 1 1988 LeSabre T-Type - Supercharged |
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#6 |
Registered User
Join Date: Nov 2001
Location: Moneta, VA USA
Posts: 3,079
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Re: Tax Value = Outrageous!
Just to add a little extra, I only have to pay Property Tax because my truck is listed at 10,000 GVW. If you have a 1/2 Ton here in Virginia, the Tax is either Zero, or very little, depending on the value of an older Pick-up.
Bill
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'60-'72 Chev/GMC Fan GMC 9500 Fan Detroit Diesel Fan |
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#7 |
Registered User
Join Date: Jun 2014
Location: New Bern, NC
Posts: 177
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Re: Tax Value = Outrageous!
Also, the state of NC links your state inspection to their office via computer. They know if you haven't done a state inspection on your vehicle. If you haven't got it done...you don't renew your tags.
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1971 Cheyenne Super - Factory Big Block - Second (1987-89) & Fourth (2014-) Owner - To be restored 1978 Turbo Malibu - Owned since 1986 1987 Grand National Aerocoupe -1 of 1 1988 LeSabre T-Type - Supercharged |
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#8 | |
Registered User
Join Date: Nov 2001
Location: Moneta, VA USA
Posts: 3,079
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Re: Tax Value = Outrageous!
Quote:
Hopefully you can get it reduced.
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'60-'72 Chev/GMC Fan GMC 9500 Fan Detroit Diesel Fan |
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#9 |
Registered User
Join Date: Jun 2014
Location: New Bern, NC
Posts: 177
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Re: Tax Value = Outrageous!
I am not sure of how they get their appraised value numbers. Apparently, from NADA or Kelly Blue Book. A bill of sale won't work anymore.
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1971 Cheyenne Super - Factory Big Block - Second (1987-89) & Fourth (2014-) Owner - To be restored 1978 Turbo Malibu - Owned since 1986 1987 Grand National Aerocoupe -1 of 1 1988 LeSabre T-Type - Supercharged |
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#10 |
Carpe manana
![]() ![]() Join Date: Dec 2010
Location: Eau Claire, WI
Posts: 12,386
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Re: Tax Value = Outrageous!
Ouch! One time permanent registration for vehicles here in MT that are ten years or older.
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1972 K5 CST Highlander Blazer: http://67-72chevytrucks.com/vboard/s...d.php?t=708547 1972 K20 Cheyenne Super: http://67-72chevytrucks.com/vboard/s...d.php?t=528308 ![]() |
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#11 |
Registered User
Join Date: Nov 2001
Location: Moneta, VA USA
Posts: 3,079
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Re: Tax Value = Outrageous!
Actually, if that's the one in your avatar, it looks pretty good, lol.
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'60-'72 Chev/GMC Fan GMC 9500 Fan Detroit Diesel Fan |
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#12 |
Registered User
Join Date: Nov 2001
Location: Moneta, VA USA
Posts: 3,079
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Re: Tax Value = Outrageous!
I would still try to fight it. If you actually had a $500 piece of junk, it wouldn't be right to get taxed $9000 on it. If nothing works, contact your State Senator on it. Even though your tax bill is not that expensive, it would be a case of Principle here.
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'60-'72 Chev/GMC Fan GMC 9500 Fan Detroit Diesel Fan |
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#13 | |
Registered User
Join Date: Jun 2014
Location: New Bern, NC
Posts: 177
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Re: Tax Value = Outrageous!
I can see if they actually done an appraisal on vehicles. However, someone might have a $30,000 restored truck but someone else might have a $500 POS. Both would be appraised at $9000, most likely. I should contact the tax office and see what they base the value off of.
Quote:
![]() Here's my avatar picture.
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1971 Cheyenne Super - Factory Big Block - Second (1987-89) & Fourth (2014-) Owner - To be restored 1978 Turbo Malibu - Owned since 1986 1987 Grand National Aerocoupe -1 of 1 1988 LeSabre T-Type - Supercharged Last edited by Turbo1dr; 05-25-2015 at 12:25 AM. |
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#14 |
Registered User
Join Date: Nov 2001
Location: Moneta, VA USA
Posts: 3,079
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Re: Tax Value = Outrageous!
Looks like a pretty nice truck. Sheet Metal looks pretty good.
I also have a '72 C-10. I get a lot of compliments on it and your truck looks better !!
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'60-'72 Chev/GMC Fan GMC 9500 Fan Detroit Diesel Fan |
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#15 |
Registered User
Join Date: Jun 2014
Location: New Bern, NC
Posts: 177
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Re: Tax Value = Outrageous!
Oh, anyone want a $9000 truck...I'll let it go for less than tax value...
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1971 Cheyenne Super - Factory Big Block - Second (1987-89) & Fourth (2014-) Owner - To be restored 1978 Turbo Malibu - Owned since 1986 1987 Grand National Aerocoupe -1 of 1 1988 LeSabre T-Type - Supercharged |
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#16 |
20' Daredevil (Ret)
![]() Join Date: May 2003
Location: Jefferson State
Posts: 13,638
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Re: Tax Value = Outrageous!
Our DMV doesn't charge by appraised value as such. Initial fees are set by the purchase price, and reduce each year as the value decreases. But on commercial plates, there are weight fees to go with registration fees etc. Several years ago my reg. bottomed out at $49 annually, then the fees started increasing each year. This year it was $164.
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- Mike - 1972 K20 LWB 350/350/205 RIP El Jay |
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#17 |
Senior Member
![]() Join Date: Oct 2009
Location: Godley, TX
Posts: 17,963
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Re: Tax Value = Outrageous!
yes, I agree, it's pretty bad. but it isn't CA bad... just call me Mr. Silver Lining!
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#18 |
Senior Member
![]() Join Date: Aug 2008
Location: Cedar Park, Texas
Posts: 7,500
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Re: Tax Value = Outrageous!
They started the same thing here in Texas but i register mine as an antique and its the same flat $58/ 5 yrs.
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#19 |
Registered User
![]() Join Date: Jan 2013
Location: portland oregon
Posts: 156
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Re: Tax Value = Outrageous!
I'd insure it.
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#20 |
Special Order
![]() ![]() Join Date: Nov 2004
Location: Mt Airy, MD
Posts: 85,859
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Re: Tax Value = Outrageous!
ONE good thing about Maryland, with it's high taxes, is you inspect only once at change of ownership and get charged 6% sales tax when titling, based on stated sale price at a minimum of $200. It may be a bit higher now, but no bill of sale as proof required. Anything that old you just say $200 and pay $8 sales tax. Tags renew every two years and you just pay registration as long as you own that car...or transfer over to family member.
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"BUILDING A BETTER WAY TO SERVE THE USA"......67/72......"The New Breed" GMC '67 C1500 Wideside Super Custom SWB: 327/M22/3.42 posi.........."The '67" (project) GMC '72 K2500 Wideside Sierra Custom Camper: 350/TH350/4.10 Power-Lok..."The '72" (rolling) Tim "Don't call me a redneck. I'm a rough cut country gentleman" R.I.P. ~ East Side Low Life ~ El Jay ~ 72BLUZ ~ Fasteddie69 ~ Ron586 ~ 67ChevyRedneck ~ Grumpy Old Man ~ |
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#21 |
Senior Member
![]() Join Date: May 2003
Location: Sandown, NH
Posts: 2,820
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Re: Tax Value = Outrageous!
Here in New Hampshire they go by the original manufactures MSRP, it cost me under $100 for all fees to put my truck on the road.
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Gary 72 SWB 4x4 My 72 SWB Build http://67-72chevytrucks.com/vboard/s...d.php?t=259859 |
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#22 |
Registered User
Join Date: Feb 2012
Location: New Bern, NC
Posts: 51
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Re: Tax Value = Outrageous!
Appeal the appraised value. My 67 is only "valued" at $800.
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#23 |
Registered User
Join Date: May 2014
Location: Mobile, AL
Posts: 422
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Re: Tax Value = Outrageous!
The more time you spend complaining here the more likely you are to get that changed! No wait, I'm wrong about that, your just wasting your time.
Last edited by Custom/Ten; 05-25-2015 at 11:30 AM. |
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#24 |
Registered User
Join Date: Jan 2013
Location: Mickleton, NJ
Posts: 1,776
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Re: Tax Value = Outrageous!
Wow----I always thought NJ was bad. After reading this I feel better. We only pay sales tax based on purchase price when you register/title the vehicle, plus the registration and title fees. Sales tax is 7% and I think registration and title cost me $150, but thats it. Registration for an historic vehicle is a one-time thing, no inspection required.
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Shawn 1970 Chevy C-10 SWB, 350, TKO 600 5 speed My build http://67-72chevytrucks.com/vboard/s...d.php?t=559881 |
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#25 |
Registered User
Join Date: Mar 2004
Location: Hoytsville, Utah
Posts: 3,365
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Re: Tax Value = Outrageous!
I'm not sure what they base it on here in Utah, but my '68 costs $68 to register. Wish it worked out that way on my 2011 Dodge Avenger
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'68 Panel Project Boogie Chillin' '68 C-10 Ol' Green |
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