Well, here’s how it
is in The Netherlands: all for free!
For cars older then 30
years, there’s no tax at all. No import tax, no road tax, nothing.
And now it gets even
better. We do have an annual, mandatory technical test, but shortly, for cars
over 30 years old, there’s no testing anymore.
Apparently we do have the
unimaginary, some politicians with sense (or classic cars?). And they figured
that people owning and driving classic cars take very well care of them.
Plus at the garage,
people don’t know how or what to test classic cars for. I imagine them in
their white overalls in total confusion trying to figure out where to stick that
multi pin connecter in my ’57 Dodge!
Jim. The Netherlands
’57 Dodge x2
Van:
Forward Look Mopar Discussion List [mailto:L-FORWARDLOOK@xxxxxxxxxxxxx] Namens Roger Schaaf
Verzonden: zondag 22 april 2007
0:05
Aan: L-FORWARDLOOK@xxxxxxxxxxxxx
Onderwerp: Re: [FWDLK] property
taxes/old cars
Once upon a time, Calyfornua taxing
system went as follows. You buy a new car and basically pay a 3 percent
registration rate plus their pound of flesh sales tax of over 8 percent.
Each year the car would depreciate some and the tax would decrease.
Therefore a really old car could go down in value to the point where your
annual registration fee could be quite modest, and if you should sell the car,
this depreciated value would carry to the new owner.
Some years back, some thieving, miserable
socialist decided this was not fair to the downtrodden and found a method
to extort another pound of flesh to support Caly's insatiable demand for monies
to fund more vote buying pet projects. Now when you sell your car,
the new owner must reset the clock to what he paid you for the car. So a
Corvette that sold new in 1967 for say 5,000.00 and was owned for 50 years and
now sells for 100,000.00 is annually taxed at a value of 100,000.00 to the
new owner and begins to depreciate from there until it is sold
again. And of course the buyer must pay over an 8 percent sales tax on
this 100k. Gets expensive in annual taxes to own an old car or 2.
And if you do not register it to drive it on the streets each year, you must
still pay an out of service annual tax. So the best deal now is
never to sell an older car to replace with another older car. Kinda curbs
the collector car trading market. And some wonder why many have contempt
for our politicos!
Oh Christ, I just gone and lost my head
again.
71 Corvette that I have owned 35 years
and 300 B that I have owned for 23 years. Might love to do some
trading around, but will not. What a way to run an economy!
----- Original Message -----
Sent: Saturday, April 21, 2007 5:45 AM
Subject: [FWDLK] property taxes/old cars
In North Carolina an
annual property tax must be paid on every vehicle. It matters not whether the
car is usable or licensed. . A special "book" is kept in the
state capitol which gives the local assessor the "correct rate" at
which to tax your old car. The book assumes every old car, including that
rusted out old Model A in the wood behind your house is a restored model.
Appeal is virtually impossible, as I stated in another post a few minutes ago. One
must go to Raleigh with a hired lawyer after filing a petition and formally
present your appeal to a tax appeal board. This is what I was told by letter
when I protested my tax bill.
As mentioned above, the tax is an ANNUAL
one, and though it decreases slightly each year on new cars, it increases on
"antique" models.
I have many friends who "hoard"
old parts cars "out back" that are in great fear of the tax assessors
finding their ":stash." Especially so since they have begun using
aircraft to spot these vehicles. North Carolina is NOT a tax friendly state to
homeowners or old car lovers. And yet each year I receive an
"invitation" to enter my 55 Imperial in the annual Christmas Parade.
For free, of course.
Oh yes-fail to pay the tax on that
"junker" out back and they will refuse to license your regular
driver.
Ted ( who would get the h--ll out of here if someone would
buy his house!!)
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