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Old 04-16-2023, 08:49 AM
 
152 posts, read 208,907 times
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Model Y values have plummeted due to price reductions by Tesla. Has anyone been able to get a reduction in your Wake County Tax Bill?
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Old 04-16-2023, 09:10 AM
 
Location: under the beautiful Carolina blue
22,665 posts, read 36,764,249 times
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I succesfully argued the tax value on a car for many years - we had very high mileage on it. I pulled cars that were on the market where the mileage was listed and sent it in, and won.

If you want to argue your tax value, that is what you will have to do - find the same year, make and model, for sale IN YOUR AREA, and submit the listings with your appeal. They are not going to do the work for you or take your word for it, and if you send listings from a different area they probably won't consider that either.
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Old 04-16-2023, 09:11 AM
 
Location: Raleigh, NC
5,874 posts, read 6,940,842 times
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Quote:
Originally Posted by RangersRule99 View Post
Model Y values have plummeted due to price reductions by Tesla. Has anyone been able to get a reduction in your Wake County Tax Bill?
Good luck. They don't make it easy.
https://www.wake.gov/departments-gov...ing-tax-values
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Old 04-17-2023, 06:42 AM
 
2,006 posts, read 3,581,431 times
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Tesla gets corp tax credits, federal tax credits, doesn't pay gas taxes, carbon tax credits and now you want a personal property tax discount. At least it's consistent.
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Old 04-17-2023, 08:17 AM
 
307 posts, read 296,448 times
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Quote:
Originally Posted by zinner View Post
Tesla gets corp tax credits, federal tax credits, doesn't pay gas taxes, carbon tax credits and now you want a personal property tax discount. At least it's consistent.
They also raise the overall cost of insurance for everyone because they require specialized work for repair, especially with body damage. A "regular" car that might get $3-4K in body work can cost 3 times as much with Tesla because of their paint and sensors.
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Old 04-17-2023, 09:40 AM
 
180 posts, read 95,947 times
Reputation: 238
Many vehicles sold today have sensors. Shared pain. Repainting Tesla's.....that should be less expensive.
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Old 04-17-2023, 09:57 AM
 
Location: Raleigh, NC
4,540 posts, read 3,741,311 times
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Quote:
Originally Posted by zinner View Post
Tesla gets corp tax credits, federal tax credits, doesn't pay gas taxes, carbon tax credits and now you want a personal property tax discount. At least it's consistent.

The first 4 you listed are for Tesla, the company. They can do whatever they want. The OP is asking for the personal property tax to be lowered because the car is not worth as much - makes sense. Comparing individuals in the Triangle to billion dollar companies actions are silly.
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Old 04-17-2023, 11:08 AM
 
4,160 posts, read 4,872,068 times
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Quote:
Originally Posted by zinner View Post
Tesla gets corp tax credits, federal tax credits, doesn't pay gas taxes, carbon tax credits and now you want a personal property tax discount. At least it's consistent.
EV owners get hit with an added registration tax fee for road maintenance because they don't pay gas taxes. I suspect this fee will increase as more of the heavy EV's hit the streets and road improvement revenue falls below required funding levels. There is no free lunch.
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Old 04-17-2023, 12:39 PM
 
Location: Morrisville, NC
9,144 posts, read 14,753,437 times
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Quote:
Originally Posted by Starglow View Post
EV owners get hit with an added registration tax fee for road maintenance because they don't pay gas taxes. I suspect this fee will increase as more of the heavy EV's hit the streets and road improvement revenue falls below required funding levels. There is no free lunch.
There definitely isn't a free lunch and I (driving an electric vehicle myself) am in favor of the additional fee. However, the current fee is higher than what most people (though not me) would pay in gas tax over a year and they are going to increase it further plus add a fee to hybrids.

There are a few issues.

One, hybrids use gas to drive (it does not say “plug in hybrid” and I doubt the bill writers know there's a difference.)

Two, gas cars get double the gas mileage they did when the gas tax per gallon was last changed. The gas tax is bringing in about half what it used to but roads still need the same maintenance. This will only get worse as time goes by

Three, yes, electric vehicles weigh more than a typical car but generally less than the heaviest vehicles such as suburbans and other large SUVs that pay no extra. When vehicles of this type are electrified, they are going to be extremely heavy.

Four, the shift to electric vehicles is picking up speed and will likely outpace the ability of a legislative body and the DOT to change laws.

All in all, the only way to make this fair and accurate going forward and ensure we have enough money to pay for roads, is have a mileage charge that is assessed at the same time as license plate renewal or inspection (which would also make a convenient time to record mileage since that is when they already do that.) This can be based partially on the GVWR of the vehicle as well.
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Old 04-17-2023, 02:28 PM
 
Location: Carrboro, NC
361 posts, read 223,159 times
Reputation: 749
Quote:
Originally Posted by CDN56T View Post
Many vehicles sold today have sensors. Shared pain. Repainting Tesla's.....that should be less expensive.
The poster you quoted missed the most important point for his argument. The batteries are integrated into the chassis, so a minor crash in a regular car/truck could result in a total loss on an EV. Even if the vehicle looks OK, there could be latent damage like a leaking battery cell that could start a fire. So automotive premiums go up to cover this cost. Additionally EV fires are much more likely to cause a house fire since EVs are usually plugged up in a garage - more risk, higher premium.
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