alpinab7

I just registered a car (non-audi) and was charged sales tax based on the NADA trade-in value of the car which was $4100. Even in excellent condition the car is probably worth $2k retail and half that as a trade. But I paid $850. Doesn't it seem like aside from being a screw job that there would be some legal issue in making people pay a sales tax that is in excess of the actuall sales price or true value of the item purchased? The law is Massachusetts 830 CMR 64H.25.1.

CP

I thought you paid tax on the purchase price, based on the bill of sale.

alpinab7

Purchase price or NADA trade-in value. Whichever is HIGHER

mirth

"retail" value was over $3000 higher... ouch.

CP

Yet another reason I do't like living in this state. I'll bet not one cent of that extra tax I paid on my car went to road repairs...as I paid over twice the blue book value for my car.

NH92X

rather than the actual value.

4Driver4

showing true sales price and they will refund the difference. So much for "innocent until proven guilty" - lol

alpinab7

People cheat on their taxes too but that doesn't mean I should pay the greater of what I earned or what the IRS thinks I should have made.

Suffolk

J:

My 200 20V was DMV valued at $5000 when I bought it and paid 1/3 of that. Pretty annoying when it didn't even run.

Register it in NH as some sort of trust.

Excise = air tax.
-Scott by BOSTON

alpinab7

I need to get some ski condos there.....