https://www.bostonglobe.com/busines...n-more-than/XN2oCCzVzLI3Dyf59jIVcL/story.html I feel this guy's pain. The RMV here in MA doesn't care if you bought a show car or a bucket of bolts -- they charge you sales tax based on the book value of the car if the transaction is with a private seller and that transaction is below their suggested book value. People don't know that the $2000 bucket o-rust 67 Camaro or Mopar is going to be taxed as if it is worth 10 or 20K because that is what a book says it is worth. So, instead of 6.25% times 2K it might be times 10 or 20K -- just so you can register the car...
Vt is the same way unless you have the car appraised. Then they go off that number. I can almost agree with that.
I ran in to the same thing with my GSX. Try and explain there is no such model! It’s a GS 455 and nothing more and I can prove it in a court of law. They are unbelievable.
I am not sure what that meeting is but I doubt it was my car as it has been sold over three years ago.
As a lifelong Masshole (although I'm a Florida resident now) I don't find this article even a little surprising. Massachusetts has long decided what the value of a vehicle is regardless of what you actually paid for t. In fairness, so does Florida. I was forced to pay sales tax on my model T (which I purchased in Massachusetts) on more then $1,000 over what I actually paid for it. It's OK for the guv'ment to extort money from it's citizens, but not for one citizen to do that from another.
Unfortunately I too have been victimized by the state of mass assigning restored book values to project cars. Taxation without representation is alive and well and there is nothing you can do about it. Paying 1500 in tax on a 1000 dollar car is insane and should be a crime and I've had to do it twice. My 500 dollar 2005 project trail blazer was assigned a 5000 dollar book value. I have friends fleeced even worse Fucking crazy. Mass sucks. Dealers on the other hand have a license to steal. You pay tax on what ever they write as a sales price. Private Sale mass breaks out nada book and you pay tax on book value on average condition or #3 which for classic cars gets ridiculous.
