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Just found out about the Motor Vehicle Property Tax. Oh joy. Never heard of such a thing up here in PA. Can someone tell me how much it is? Is it based on value of car? What if car is paid off? Is it a percentage of blue book value? Any info would help my wife and I better plan our nearing relocation.
In Wake Co. it's about 1% of the retail value. We paid $250 on a brand new Odyssey and $200 on a 4 year old Honda Pilot. It's deductible from your federal income tax if you itemize. There's also a one time registration fee that's close to $200/car.
Does anyone know how Wake County determines a vehicles value? I saw that the tax bills for our vehicles are available on their site and I uhm nearly had a coronary.
The value they put on 1 vehicle is more than double the value the state of MA taxed us on the last 2 yrs. Vehicle 2 is higher as well
Our total bill for both vehicles is $279.80. Our total bill last year in MA was $116.25.
I cant help you with this.....but I would like to get more information on how this works..
we are looking to move to Johnston cnty......is there a site i can look up this info? we dont get taxed every year or so on our vehicles / road taxes...
we have a 2004 ford excursion and a 2007 dodge caliber
Mamma......does this differ per county? Did they just send you the bill in the mail? I'm very curious to find out about all of this.....
I was hit for $117 (Wake County) for a 2001 Ford Explorer with 140,000 miles on it -- no way that truck is worth $11,000!
Is the rule the same for a motorhome? If you have a motorhome worth, say, $60,000 your annual tax will be about $600? Wow. That, plus $120/month to store the motorhome in Apex is a deal-breaker -- won't be buying that anytime soon!
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