Oh noes! Not AGAIN! Doesn't he EVER learn???

Blink your eyes and Bill has bought and sold a car faster than I can reply to a post!

Car Slut status intact

Only people in NH who don't have to pay sales tax on cars can flip them like this...lol

Matt Trakker wrote:

Only people in NH who don't have to pay sales tax on cars can flip them like this...lol

Take the number of cars Bill might have bought and sold/registered in NH in his lifetime, then multiply the total dollar amount by 6.25% (mass tax rate)and that would equal one hell of a chunk of change I bet.
I shutter to think what I have spent.

Yeah, but we pay the "tax" when we register them. Registration fees are high to compensate for the lack of sales tax.

No sales tax on them? You guys got it easy! I pay sales tax AND property tax!

toomanytoyz wrote:

Yeah, but we pay the "tax" when we register them. Registration fees are high to compensate for the lack of sales tax.

True, but according to my many friends north of the border, while it still sucks on newer vehicles, it's almost non-existent when you're dealing with cars like 15 years old or more...

When I registered the DGGM SS, they charged me over 500 dollars to put it on the road...and on top of that, I will have to pay like 45 dollars in excise tax each year...which makes absolutely no sense whatsoever, I paid tax on the car when I bought it. That's the same as re-trying someone for a crime they've been found not guilty of! lol

This is the reason I'll never own a newer car in this state. Even if I could afford it...it still pisses me off. I'm sure that money goes to roads and bridges as well, yeah...

It's okay, I'm sure I'll be eyeballing houses in NH someday...

Yeah, it's not as bad as you guys, but it's more than it used to be.

3 or 4 years ago, it cost me 40 bucks a year to register each B body. They changed the way the registration values were restructured a few years ago and now it's $160 a year! And they've only gotten older.... WTF?

The thing that pisses me off about the RMV is how they charge sales tax. It's not based on purchase price, its based on NADA book. So when I bought the caprice, I paid $1200. They valued it at $2700 and I was taxed accordingly. I've always felt thats total bullshit. Tax me what I paid for the car. It'd be like if I bought something at Wally World for $10 and they charged me the tax for $30. My brother just got hosed too. Bought his Scoobie for 4k. Booked out at $6,800. $490 to get it on the road.

In RI we pay sales tax when we register. But, we can write $50 on the bill of sale lol. They started doing the excise tax based on car value but it's not a lot... registration is 1 year ($60) and then after the one year it's good for two once renewed ($60 for renew).

GasTT wrote:

In RI we pay sales tax when we register. But, we can write $50 on the bill of sale lol. They started doing the excise tax based on car value but it's not a lot... registration is 1 year ($60) and then after the one year it's good for two once renewed ($60 for renew).

Now I know why you still roll with RI plates

I just want to point out, that if Crovo did this in MA he would have to get a dealer license...

1984twodoor wrote:

I just want to point out, that if Crovo did this in MA he would have to get a dealer license...

But then he'd be saving money. He could just drive the car with the dealer plates on until he sells the car.

Dealer plates and insurance are ridiculous $$$$!!!!

GasTT wrote:

In RI we pay sales tax when we register. But, we can write $50 on the bill of sale lol. They started doing the excise tax based on car value but it's not a lot... registration is 1 year ($60) and then after the one year it's good for two once renewed ($60 for renew).

I've registered two cars (that weren't tax exempt) since RI started charging "sales tax based on NADA value" and both times I was taxed on the bill of sale .

MA will also charge you sales tax on a mint 95 Impala SS if you try to register a banged up and clapped out base-model 95 Caprice that just ekes by on its inspection. S'ridiculous!