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esde Samba Member
Joined: October 20, 2007 Posts: 5966 Location: central rust belt
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Posted: Mon Sep 27, 2021 9:00 am Post subject: Vermont registration and NADA value |
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I am currently applying for VT papers for several cars, and it's been a few years since I've done this. When using the NADA website, you get three values, low, average, and high. Obviously I'd prefer to be taxed on the low value, but I imagine they use the average or high value. I'm afraid if I call I'll just get the highest possible value..
Can anyone lend some insight to this? Maybe send in a check for tax based on the low value and pray it is accepted?
Thanks. SD _________________ modok wrote:
Bent cranks are silent but gather no moss. I mean, ah, something like that. |
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WM971252 Samba Member
Joined: September 10, 2004 Posts: 1781 Location: Franklin CT
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Posted: Mon Sep 27, 2021 10:22 am Post subject: Re: Vermont registration and NADA value |
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For the ones I have done it is bill of sale price or low book value for them (which ever is higher) |
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calvinater Samba Member
Joined: September 06, 2014 Posts: 3327 Location: 802 The Pointless Forrest
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Posted: Mon Sep 27, 2021 2:44 pm Post subject: Re: Vermont registration and NADA value |
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I live in Vermont and they said medium value or bill of sale which ever is higher.
6% sales tax. _________________ "Albatross"! |
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esde Samba Member
Joined: October 20, 2007 Posts: 5966 Location: central rust belt
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Posted: Mon Sep 27, 2021 3:05 pm Post subject: Re: Vermont registration and NADA value |
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So I ended up home with a sick kid today and sat on hold w the Vt DMV till someone answered. The official answer is (for cars 73 and older) to use the low retail value given on the NADA site. Which is good by me, as the average value is 2X or more the low value. Win! _________________ modok wrote:
Bent cranks are silent but gather no moss. I mean, ah, something like that. |
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