restored tax tip - The 1947 - Present Chevrolet & GMC Truck Message Board Network

chris mc bride · 09-13-2024, 09:21 PM

Do not know if issue in your state.Here in NC if you have older truck they send you a tax bill based on it be fully restored and priced to show it.

I had a bill based on my 1969 panel for 42k tax value. After a phone call I found out I would have to send pics to show it was not restored. Well let say I sent them pics of panel truck.They then dropped value tp 2k.

My suggestions take lots of pics of truck before restoring it and put in safe place for future use.Lets say just in case of.

**dmjlambert** · 09-13-2024, 10:07 PM

Is that a yearly vehicle property tax?

**truckster** · 09-13-2024, 10:14 PM

That's insane. It sounds like the proposed tax on unrealized capital gains.

**DeadheadNM** · 09-13-2024, 10:50 PM

Don’t forget this come November.

**old Rusty C10** · Yesterday, 09:43 AM

Quote:

Originally Posted by dmjlambert

Is that a yearly vehicle property tax?

yes NC charges a yearly property tax on any vehicle you own based on value in addition there are other fees License, Title , Highway Use tax, and property tax.. out of the property tax is a town tax county tax and an EMS tax.. my boat trailer is $100 a year and my 2019 ram 3500 is almost 900..

**Ol Blue K20** · Yesterday, 10:05 AM

Quote:

Originally Posted by DeadheadNM

Don’t forget this come November.

**dmjlambert** · Yesterday, 10:26 AM

Quote:

Originally Posted by old Rusty C10

yes NC charges a yearly property tax on any vehicle you own based on value in addition there are other fees License, Title , Highway Use tax, and property tax.. out of the property tax is a town tax county tax and an EMS tax.. my boat trailer is $100 a year and my 2019 ram 3500 is almost 900..

OK, we only have property taxes on real estate in Texas. Thanks for that info. That is something to consider if thinking about moving to NC.

68Gold/white · Yesterday, 11:48 AM

Quote:

Originally Posted by DeadheadNM

Don’t forget this come November.

You betcha!!!

I've been watching You-tube videos of a guy named Victor Davis Hanson.
He explains ALL the reasons why our country is in the shape it is in. now. He's highly educated, doesn't lie....all his stuff is good!!!

**MySons68C20** · Yesterday, 11:50 AM

Quote:

Originally Posted by 68Gold/white

You betcha!!!

I've been watching You-tube videos of a guy named Victor Davis Hanson.
He explains ALL the reasons why our country is in the shape it is in. now. He's highly educated, doesn't lie....all his stuff is good!!!

I completely agree!!!!

**68bowtie** · Yesterday, 12:34 PM

I wonder what a flat sales tax % would be if they eliminated ALL other forms of government taxes and fees (vehicle registration fees, gas tax, income tax, employer/employee fica, you name it). I bet it would be shocking how much they take. It’s spread around so you don’t notice it as much.

**joedoh** · Yesterday, 05:14 PM

this is how i got my 2002.

a guy bought a 72 BMW 2002 in 1989. he drove it a couple months and blew up the motor with youthful exuberance. he had a partial rebuild done and drove it till again he suffered the pain of blowing it up. he parked it and put it on a "non highway" title, which here in kansas does not require insurance be carried and only property tax be paid.

fast forward 32 years and the state wants to levy tax value based on what a 1972 BMW 2002 is selling for. he went to court, and lost. in july they wanted 2k in tax! he sold the car to me for less than that.

I went to the inspection station after insuring it and then after a fistfight (figuratively) with the inspectors, they removed the non highway status. I immediately registered it as an antique, $18 a year in property tax.

why tax values are so backwards i have no idea but gouging guys with antiques makes no sense because we are the primary voting age. just recently they passed legislation to allow modified suspension and drivetrain to antiques, all thanks to powerful petitions of fed up tax payers.

**Palf70Step** · Today, 07:29 AM

Kinda same here with antique tags, one time fee ($25) for life of vehicle in my ownership. Mississippi has some high car tag prices because of the taxes built in. This was the first place I ever ran across that. Then I heard of other states that seem to me to be crazier..

**Boog** · Today, 08:31 AM

My inlaws ran a Stuckeys in Miss for a couple years back in the 80s. He told me of taxes there. New vehicle tags were outrageously high each year and decreased as the vehicle value went down. A crankcase tax on oil products. But then, you don't have some taxes that other states do. Being used to what we have, I sort of feel fortunate.

09-13-2024, 09:21 PM	#1
chris mc bride Registered User Join Date: Aug 2008 Location: greensboro nc Posts: 679	restored tax tip Do not know if issue in your state.Here in NC if you have older truck they send you a tax bill based on it be fully restored and priced to show it. I had a bill based on my 1969 panel for 42k tax value. After a phone call I found out I would have to send pics to show it was not restored. Well let say I sent them pics of panel truck.They then dropped value tp 2k. My suggestions take lots of pics of truck before restoring it and put in safe place for future use.Lets say just in case of. __________________ Only the stupid know too much to learn something new.

09-13-2024, 10:07 PM	#2
dmjlambert Senior Member Join Date: Apr 2016 Location: Cypress, TX Posts: 3,751	Re: restored tax tip Is that a yearly vehicle property tax?

09-13-2024, 10:14 PM	#3
truckster Senior Member Join Date: Jan 2001 Location: Orem, Utah Posts: 7,931	Re: restored tax tip That's insane. It sounds like the proposed tax on unrealized capital gains. __________________ I have sworn upon the altar of God, eternal hostility against every form of tyranny over the mind of man. - Thomas Jefferson

09-13-2024, 10:50 PM	#4
DeadheadNM Carpe manana Join Date: Dec 2010 Location: Eau Claire, WI Posts: 12,408	Re: restored tax tip Don’t forget this come November. __________________ 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 Members met: ORANGBLAZ, 2003 silverado, MikeCofield, BB72CHEVKT, Duncan&Son, Sameyrasmea72, THENEWMEXICAN, HotRod C/10, brianthelion02, Sport/Truck, ryanroo, michael bustamante, Dirt's72, Already Gone, WestButteTruck, 57taskforce, Moreyel, painterljp, AASmedic, SoCoC10, Lumaestas, carbuff382, Chevyland

Yesterday, 12:34 PM	#10
68bowtie Senior Member Join Date: Jan 2007 Location: Turlock, CA Posts: 8,716	Re: restored tax tip I wonder what a flat sales tax % would be if they eliminated ALL other forms of government taxes and fees (vehicle registration fees, gas tax, income tax, employer/employee fica, you name it). I bet it would be shocking how much they take. It’s spread around so you don’t notice it as much. __________________ Please help my sister in law with her battle with cancer https://gofund.me/902f6fce Project "C10 Fever" (68 factory black 396 swb) Project "Little Sister" (70 c10 blue original paint refresh) Project "Blue Bomb" (70 c30 blue original paint refresh) SOLD Project "Vitamin C" (71 c10 orange original paint refresh) SOLD

Yesterday, 05:14 PM	#11
joedoh Senior Member Join Date: May 2007 Location: Doodah Kansas Posts: 7,774	Re: restored tax tip this is how i got my 2002. a guy bought a 72 BMW 2002 in 1989. he drove it a couple months and blew up the motor with youthful exuberance. he had a partial rebuild done and drove it till again he suffered the pain of blowing it up. he parked it and put it on a "non highway" title, which here in kansas does not require insurance be carried and only property tax be paid. fast forward 32 years and the state wants to levy tax value based on what a 1972 BMW 2002 is selling for. he went to court, and lost. in july they wanted 2k in tax! he sold the car to me for less than that. I went to the inspection station after insuring it and then after a fistfight (figuratively) with the inspectors, they removed the non highway status. I immediately registered it as an antique, $18 a year in property tax. why tax values are so backwards i have no idea but gouging guys with antiques makes no sense because we are the primary voting age. just recently they passed legislation to allow modified suspension and drivetrain to antiques, all thanks to powerful petitions of fed up tax payers. Attached Images __________________ the mass of men live lives of quiet desperation if there is a problem, I can have it. new project WAYNE http://67-72chevytrucks.com/vboard/s...d.php?t=844393

Today, 07:29 AM	#12
Palf70Step State of Confusion! Join Date: Jul 2002 Location: Gulfport, MS USA Posts: 46,942	Re: restored tax tip Kinda same here with antique tags, one time fee ($25) for life of vehicle in my ownership. Mississippi has some high car tag prices because of the taxes built in. This was the first place I ever ran across that. Then I heard of other states that seem to me to be crazier.. __________________ Bill 1970 Chevy Custom/10 LWB Fleetside 2010 Toyota Tacoma PreRunner SR5 Double Cab - DD Member of Louisiana Classic Truck Club (LCTC) Bill's Gallery Life isn't tied with a bow, but it's still a gift. Live simply. Love generously. Care deeply. Speak kindly. Leave the rest to God!

Today, 08:31 AM	#13
Boog laying low Join Date: Mar 2001 Location: Searcy, Ark. USA Posts: 13,315	Re: restored tax tip My inlaws ran a Stuckeys in Miss for a couple years back in the 80s. He told me of taxes there. New vehicle tags were outrageously high each year and decreased as the vehicle value went down. A crankcase tax on oil products. But then, you don't have some taxes that other states do. Being used to what we have, I sort of feel fortunate. __________________ Boog 69 Chevy stepside, 358/T350, 4.11 posi, 4.5/4 drop, rallys, poboy driver primer is finer 91 Chevy sportside, Tahoe, Yukon & GMC Crewcab All GM..'nuff said. I stand for the flag and kneel at the cross



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