I agree with what you're saying but I'm curious. You have to pay taxes on the value of your car? Do car registration fees scale with car value in your area?
I live in an area with car taxes, and they are separate from vehicle registration fees.
Do car registration fees scale with car value in your area?
Kinda... it's based on the age of the car and the original MSRP, so it isn't exactly based on the car's actual value, but an estimate of what the value might be.
I agree with what you're saying but I'm curious. You have to pay taxes on the value of your car? Do car registration fees scale with car value in your area?
I live in an area with car taxes, and they are separate from vehicle registration fees.
Kinda... it's based on the age of the car and the original MSRP, so it isn't exactly based on the car's actual value, but an estimate of what the value might be.
https://www.in.gov/bmv/fees-taxes/vehicle-registration-fees-and-taxes/excise-tax-information/#Passenger_Vehicle_Excise_Tax_Fees