Why Tax rate different form purchase price?

Nov 17, 2006 2 Replies

I just received my Title Complete Notice for a used Volkswagen I bought and noticed that the "Original Tax Value" is several thousand dollars higher than the purchase price I paid. Will the cost for my tags be unnecessarily high now?



Why the difference?



thanks



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Without knowing your state of residence, no one can give you a useful answer.

Without knowing your state of residence, no one can give you a useful answer. Even knowing your state doesn't mean any of the regulars here will know the answer unless one of them practices in your state.

This is a STATE tax issue and could involve sales tax, annual registration, or both. There are 50 states (+DC), no two pf which handle this in exactly the same way. Why not just contact the Vehicle Registration or Licensing Dpaartment office for your state?

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