Rich Car Guy Problems: Montana License Plate Tax Dodge Crackdown

[JustinG]

There it is!

[emoji8]

[D_Eclipse9916]

"Overtaxed".  I have to pay taxes at the same % basis for my car as that guy with the $1M. 

No, you dont.  Car tax relief applies to the first ?$20k? of car value.

Pretty sure that doesn't apply to him cause he doesn't live in VA.

Yup and you want to get real BS?  That personal property tax relief in VA did not apply to my diesel truck because it is over on gross weight.  

So "overtaxed" in this case actually means I was paying more % wise for my diesel truck in taxes than that guy with the $1M car.  Can I whine and cry now about being more overtaxed than the Veyron owner?

[.RJ]

DJ, stop being poor

[Senor_Taylor]

DJ, stop being poor

^^^ This. Very tired of seeing the poor around these parts.

[Kaan]

no poor people are allowed around here? I'm out!

[WRXtranceformed]

MAKE PROPERTY TAX GREAT AGAIN! PAY THEIR FARE SHARE! THEY TOOK ERR VEYRERNS

[davej]

The Virginia DMV website does not show the F150 listed under "my vehicles" - just my trailer. My buddy at the Ford dealer (who is the sales manager and presumably knows his shit) said Ford covered the PP tax for leases in Virginia. I'm not sure how they do it, but it was a big incentive to lease the truck instead of purchase it. I have not seen a bill, have had the truck since early March, and already seen/paid the bills for the Range Rover and trailer.

Maybe it's different brand to brand?

We leased the Highlander and paid sales tax on the full value of the car at signing, plus the county sent Toyota Financial the personal property tax like a year later to the tune of almost a grand which they just added to our bill. I can see Ford eating or hiding the PP tax in the lease terms, but it's interesting how it doesn't show as registered to you with the DMV. I may need to go look at leasing a GT350...

[D_Eclipse9916]

DJ, stop being poor

[Scott]

TIL....

Ford does not require that I pay any property taxes. It's basically a rental car.

That makes leasing seem more attractive to me, unless of course Ford is just passing through that tax bill in the lease terms.

I would double check on that.  I've leased two different vehicles and although the manufacturer "paid" the tax bill directly to the municipality, the following month they billed me for it in addition to my lease payment. Neither of the vehicles showed up on my DMV account either.

[JustinG]

I would double check on that.  I've leased two different vehicles and although the manufacturer "paid" the tax bill directly to the municipality, the following month they billed me for it in addition to my lease payment.

This.

Mazda paid, and we owe. We just add a chunk to our monthly and pay it through the year vs lump summing it. Mazda hasn't complained, so we keep doing it.

One thing we miss about our old location, they split pptx into 2 bills, our current place is all at once.

[.RJ]

I wonder how this works with something like the Volvo rental/not really a lease program, then.

At $650/mo there's a bit of a sticker shock on the price, but you dont have any other bills besides fuel.

[Apoc]

I wonder how this works with something like the Volvo rental/not really a lease program, then.  

At $650/mo there's a bit of a sticker shock on the price, but you dont have any other bills besides fuel.

Probably not much different than real rental cars. All the expenses are built in.

[JustinG]

Volvo S60 R design

$860 month
Tax, tags, title due at sign
Insurance provided by Liberty Mutual
15k yr
2yr lease
Early trade ok at 12months
10/20/30k mile service included, plus wear items.

I didn't see anything about pptx, id assume it's on the buyer as well.

It appears to be flat rate insurance regardless of location. So you could save money if you live in a crazy high insurance location.

But, it's just a short term lease with insurance wrapped in.

[Apoc]

pptx

I keep thinking, "What the hell does Powerpoint have to do with this?"

[JustinG]

pptx

I keep thinking, "What the hell does Powerpoint have to do with this?"

I can create a .pptx to explain pptx

[.RJ]

yo dawg....

[WRXtranceformed]

"Yo dawg, I herd you like tax so we put a tax in your tax so you can pay your tax while you pay your taxes"

[Evan]

Ed Bolian's perspective, since he has been in the center of it

https://www.youtube.com/watch?v=Lw2B9spZjrI

[CaptainHenreh]

Ed Bolian's perspective,  since he has been in the center of it

https://www.youtube.com/watch?v=Lw2B9spZjrI

You know, I've often kind of felt like Bolian comes off a bit douchey and I think he does here too.

But...he's 100% correct.

[Apoc]

Rex agreeing with a video that talks about how ridiculous taxes are.



I'm all for death to taxes, but he glosses over the part where they're breaking the law by effectively saying, "oh, well, everyone else does it." Also, lol @ hardship if the tax bills come due because you didn't plan on paying the taxes. We pay annual tax based on NADA values of our cars, it's ridiculous, and I still think he sounds like an entitled douche. Thinking a tax is fucked up isn't the same thing as a defense for not paying that tax.