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- Path: sparky!uunet!noc.near.net!bigboote.WPI.EDU!wpi.WPI.EDU!beuf
- From: beuf@wpi.WPI.EDU (Richard J Fuller)
- Newsgroups: rec.autos
- Subject: Car Owner Ship Ta x
- Date: 16 Nov 1992 13:42:02 GMT
- Organization: Worcester Polytechnic Institute
- Lines: 31
- Distribution: world
- Message-ID: <1e88faINNl4f@bigboote.WPI.EDU>
- NNTP-Posting-Host: wpi.wpi.edu
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- I bought a new car in August for $9,450
-
- I just got my local tax bill and it was based on a
- valuation of $10,200..
-
- What right do they have to claim my car is worth more
- then it is worth to tax me on a higher value???
-
- Can I take my bill of sales to them and insist paying
- the tax based on the actual value not their over inflated
- value...
-
-
- also I was wondering if My insurance Company uses the same
- valuation techniques my town does. meaning if I can buy a car
- for 9450, get into a horrible accident where someone else is at
- fault and take their valuation fo 10,200-500(deductible) = 9,700
- a $250 profit for owning the car for a short while????
-
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- I really don't mind if my car is 'worth' more then I paid for it
- but I am really interested in whre the insurance company and the
- tax office get their 'value' from?????
-
-
- thanks..........
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-