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by TeMPOraL 3821 days ago
It would most likely only create incentive to fake the value of the car so that it seems lower than it is.
2 comments

You don't get to fake anything, they look it up in a "book". States that tax you on plates/tabs based on the car's value do exactly that. State says a 2013 Audi is worth $20K, then that's what you're getting taxed on whether you think the car is worth that much or not, and mileage is not taken into account. Annoying, too, when NC said the motorcycle I was riding at the time was worth $3K. Umm, yeah, not with 120K miles on the clock, it's not. The state did not take me up on the offer to sell it to them for $3K, which is the way I think it ought to work. Kind of like the style of car racing where you can only modify it within limits, and anyone can offer to buy the car after the race for $XXXX.
> The state did not take me up on the offer to sell it to them for $3K, which is the way I think it ought to work.

Supposedly Athenian taxes were assessed this way. The government handed out a list of tax obligations, and if you thought your tax requirement was heavier than somebody else's who was richer than you, you could challenge them. A challenge meant they could choose either to swap tax obligations with you, or, if they didn't believe you were poorer, to swap all their assets for yours.

Sorry, I assumed that the state will be taking taking mileage and general "condition" into account, and personally I'm used to people mostly buying used cars - and used car market isn't exactly a paragon of business honesty.
Well I don't think you'd just walk up to someone and say: "I want to write you a ticket. What's your car worth?" It would have to be pegged to make model and year or something like that.