The car may be a classic car, but it is not being restored for show, is only a daily driver. If you do research as we have you will find that a car aged 35 years or older for show can be valued at no more than $500 with an Antique tag on it. But you can not drive the car on the road per the law. So if a car that has the value of a restored car with Antique tags can be valued at only $500 but worth more money wise, how can they put a value of $7,400 on a car that is a 1974 not restored but just used for a daily driver.
The car did have tags and insurance on it but I took them off because of the tax I was billed was $34.93 and then I had a revaluation and they reduced it to $9.40 which I paid but they did not give a value to the car, so my question what value are they giving it for the $9.40.
I also have a 1997 Chevy and the tax for 2009 is only $8.87 valued at $1730.
So here you have a car that is newer and in better shape where the tax value is less.
I just don't think that the value of cars are being done correctly and think that the laws should be followed.
One of the people at the tax department told me to put an Antique tag on it and he would reduce it to $500. I want to drive the car not show it so why would I want to do that?
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