Why Tax rate different form purchase price?

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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Reply to
zephyr
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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.

Reply to
Bill Brown

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?

Reply to
Herb Smith

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