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06-18-2012, 09:31 PM
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#1 |
  
Drives: Camaro LLT ABM Join Date: Sep 2010
Location: Cedar Park, Texas
Posts: 686
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Classic car sales tax question
DMV is closed for the night and just anxious to know the answer to the question:
In Texas, i noticed the standard 6.25% of the purchase price of the vehicle is not applied to a vehicle of 25 years or older. Then what is it? The website just says its not applied and doesn't say what it is. 
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06-18-2012, 09:54 PM
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#2 |
Drives: 2012 2LT 45th convertible Join Date: Jul 2010
Location: Albuquerque
Posts: 949
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I think many states exempt classics and antiques, hope this is the case for ya, good luck
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06-18-2012, 10:06 PM
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#3 |
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Drives: Camaro LLT ABM Join Date: Sep 2010
Location: Cedar Park, Texas
Posts: 686
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Thank you and i can only hope :(
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06-18-2012, 10:23 PM
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#4 |
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Drives: 2012 2LT 45th convertible Join Date: Jul 2010
Location: Albuquerque
Posts: 949
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I'm curious, what are you registering?
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06-18-2012, 10:38 PM
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#5 |
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Drives: Camaro LLT ABM Join Date: Sep 2010
Location: Cedar Park, Texas
Posts: 686
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1964 Ford Thunderbird.
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06-18-2012, 11:00 PM
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#6 | |
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Drives: 2012 2LT 45th convertible Join Date: Jul 2010
Location: Albuquerque
Posts: 949
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Quote:
Very Nice !!!  
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06-18-2012, 11:17 PM
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#7 |
  
Drives: 12 Boss 302 Join Date: Sep 2009
Location: Grand Rapids, Mi
Posts: 1,369
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Damn, did you use a feeler gauge to set the ride height? Looks good.
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06-18-2012, 11:53 PM
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#8 |
 
Drives: 2008 Holden Commodore SSV Join Date: Oct 2009
Location: Seattle
Posts: 297
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Not sure about Texas, but when I registered my 1974 Ford Bronco in Washington the used some kind of old car value book to set value.
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06-19-2012, 12:16 AM
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#9 |
 Drives: 2011 Mustang GT Join Date: Mar 2011
Location: Fort Worth, TX
Posts: 168
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I am sure this is just limited to the Standard Presumptive Value. You still have to present a bill of sale and the value will be based on that instead of this new law. So you still have to pay the tax. It's just done the way it was before this law.
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06-19-2012, 12:51 AM
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#10 | |
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Drives: Camaro LLT ABM Join Date: Sep 2010
Location: Cedar Park, Texas
Posts: 686
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Quote:
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06-19-2012, 12:52 AM
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#11 | |
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Drives: Camaro LLT ABM Join Date: Sep 2010
Location: Cedar Park, Texas
Posts: 686
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Quote:
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06-19-2012, 10:54 AM
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#12 |
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Drives: 2012 2LT 45th convertible Join Date: Jul 2010
Location: Albuquerque
Posts: 949
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I'm interested, just don't have a home for it
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06-19-2012, 04:57 PM
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#13 |
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Retarded One-Legged Owl
Drives: 2010 Black Camaro 2SS Join Date: Oct 2008
Location: San Antonio, TX
Posts: 9,745
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If only I wasn't getting ready to buy a house :(
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06-19-2012, 06:02 PM
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#14 |
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Drives: Camaro LLT ABM Join Date: Sep 2010
Location: Cedar Park, Texas
Posts: 686
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:( This thread is sad.
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