Re: Lic. Plate

[spowers@spdg.COM (Steve Powers)]

Eliot reminds me:
> 
> >OUCH!! They base it on retail value of the car then depreciate it
> > some % each year after
> 
> this part is total bull.  my v8 is probably worth $15 or 16K today.
> if i went out and bought a brand new $16K car, the "tabs" for it will
> probably be less than half of what i'm paying right now.  daylight
> robbery is what it is.  
> 
> another wierd twist.  the "value" is based on the base model.  so for
> cars with a big range such as the mitsu eclipse, you pay the same
> regardless of which model eclipse you buy.  a win for the guy who buys
> top of the line GSX.  he will pay the value based on the $9000 (or
> whatever) cut rate special model. if you buy a S6, it is *the* base
> model and you pay accordingly through the nose.
>
That's been bugging me for a long time! What if...

what if you 'sold' your car for a $1 to a _very_ good friend and then
bought it back for $2?

your friend would pay $.08 in sales tax and about $15 in title xfer
fees. you would pay $.16 in sales tax and another $15 in title xfer.

What could the state say about market value? After all, it's now been
sold twice at a reduced price...

steve powers                            curious in seattle...
spowers@spdg.com