Oof. Here, the taxes alone (with registration itself a hundred or two more):
Based off of 85% msrp
2.1% year 1
1.5% year 2
1.2% year 3
0.9% year 4
0.45% years 5-9
†HURSDAY†HURSDAY†HURSDAY GMT
- Thread starter Sandwich
- Start date
Based off of 85% msrp
2.1% year 1
1.5% year 2
1.2% year 3
0.9% year 4
0.45% years 5-9
Well that's what they call "Excise tax" here, on top of registration and inspection fees.
An excise at the rate of $25 per one thousand dollars of valuation (effective 1/1/81) is levied on each motor vehicle. Information on the value of a motor vehicle is accessed electronically through a data bank complete with valuation figures. Different sources provide the valuation figures depending upon whether the motor vehicle is an automobile, a truck, a motorcycle, or a trailer. For example, automobile valuations are derived from figures published in the National Automobile Dealers Association Official Used Car Guide (NADA), to which the Registry has electronic access. Most public libraries have copies of NADA and other motor vehicle official guides.
Figures are the manufacturers’ list prices for vehicles in their year of manufacture. Present market value, price paid, or condition are not considered for excise tax purposes. The excise tax law (M.G.L. c.60A, s.1) establishes its own formula for valuation for state tax purposes whereby only the manufacturer’s list price and the age of the motor vehicle are considered. The formula is as follows:
In the year preceding the model year 50%
(brand new car released before model year)
In the model year 90%
In the second year 60%
In the third year 40%
In the fourth year 25%
In the fifth and succeeding years 10%
Every motor vehicle owner must pay an excise tax based on valuation of at least ten percent of the manufacturer’s list price; thus, owners of vehicles older than five years should have a fixed excise tax bill for succeeding years of ownership. Even though an owner may have applied for an abatement that may reduce an excise tax bill, no excise shall be less than $5.
Well, he's worked in the gambling industry, then porn. Only thing left has got to be producing infomercials for Walter White.Is the new gig editing evangelical promotional films?
at least he gave a shit.
inspections seem to be lax at best depending on where you live.....i have seen some shit in the sticks that has no business being on the road.
just spray paint "farm use" on any vehicle and you are set
One too many edibles?What sort of fuckery is going on around here?
Or one too few?