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VA Car Tax car value increase!

 
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Old Jul 30, 2006 | 11:33 AM
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VA Car Tax car value increase!

Interesting item of note:

Between the 2005 assessed value and the 2006 assessed value of my MINI, according to my county (Fairfax), it has INCREASED by 17%. I guess the government is just now starting to see the value of the MINI! Sucks though to have to pay more taxes on it than last year.

It's possible that MAYBE the 17% jump means they previously treated all MCs & MCSes as the same thing, but now have separate recognition for the MCS. Just a theory... we'll see if MC owners get a jump too.

Also, the tax "relief" has declined from 70% of the first $20,000 per vehicle to 66.7%. So basically they've started to reverse the tax relief.
 
Old Jul 30, 2006 | 11:54 AM
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But on the bright side those of us in Fairfax county can dump the %(&%#@$ county tax window stickers! (Excpet for a couple towns). I HATE stickers in my windshield. Now if they'd only put the inspection sticker on the plate...
 
Old Jul 30, 2006 | 12:45 PM
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In addition to my real estate taxes going through the roof, I know have this to look forward to!
 
Old Jul 30, 2006 | 12:55 PM
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AS QUOTED ^^^....

Sucks though to have to pay more taxes on it than last year.

COULDN'T AGREE WITH YOU MORE..SORRY TO HEAR THAT..!!!
 
Old Jul 30, 2006 | 02:07 PM
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I think my Loudon county assessment was cheaper last year, which I find hard to believe! Possibly because I think I only paid 6 months of it...

In Fairfax county, my 2005 MC assesed value is $19,420 which equals $295.53 in property taxes. That's about another car payment for me. *sigh*. At least I have until Oct. 5 to pay it.

(Tax amount: $887.49. Minus Car Relief of $591.96 to equal $295.53).

AND because I live in Herndon, I still have to buy one of those %@$$! stickers! (Clifton, Herndon and Vienna residents still need the decals).
 
Old Jul 30, 2006 | 03:08 PM
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Wow, I didn't know you Va'ians had to pay tax on vehicles every year.
 
Old Jul 30, 2006 | 07:31 PM
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Originally Posted by mmatarella
But on the bright side those of us in Fairfax county can dump the %(&%#@$ county tax window stickers! (Excpet for a couple towns). I HATE stickers in my windshield. Now if they'd only put the inspection sticker on the plate...
i'm out of it, but not county sticker for 07?
 
Old Jul 31, 2006 | 12:24 PM
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I think I owe $245 on the MC this year.

Never had a car registered in VA before. (bought on 1/7)

Is that good, bad, worse than last year?
Am I gonna cry when I get the tax thing next year?
 
Old Aug 1, 2006 | 03:28 AM
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You will cry. I hate car tax - but it is a necessary evil.
 
Old Aug 1, 2006 | 05:32 AM
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Originally Posted by krut
You will cry. I hate car tax - but it is a necessary evil.
Yep - At least it's not as bad as when I lived in Atlanta. Fulton County, to calculate your annual registration fee (no property tax on vehicles), used a formula of 3% of your car's value. So, if I were registering or renewing my annual registration in Atlanta, I would owe $582.60 (if it assessed at the same amount Fairfax county here said it was worth). Each county did it differently - some friends north of Atlanta in Cherokee county only paid 1% of their car's value to register it each year.

Ah well, the priviledge for driving a car!
 
Old Oct 11, 2006 | 11:28 AM
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Personal Property Tax in VA- Arggg

So I've almost owned my '05 MCC for 2 years now and when I just paid my Personal Property Tax it went up. I know the value of my car isn't going up. VA stinks! 409 dollars a year to own a car is dumb.
 
Old Oct 11, 2006 | 11:42 AM
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Woah... are you sure you didn't check the box that you use your MINI as a business expense? Mine was only (ha, only!) $295, for my '05 MC. I got a bit of a break from "personal" use.
 
Old Oct 11, 2006 | 11:50 AM
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Originally Posted by loxycoon
Woah... are you sure you didn't check the box that you use your MINI as a business expense? Mine was only (ha, only!) $295, for my '05 MC. I got a bit of a break from "personal" use.

my 05 S was $400, yours is less because its a regular Cooper I assume
 
Old Oct 11, 2006 | 11:55 AM
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Already had a thread on this started in July - threads merged.
 
Old Oct 11, 2006 | 11:59 AM
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Originally Posted by JustJAY
Wow, I didn't know you Va'ians had to pay tax on vehicles every year.
So do us Alabamian's. They actually had my hubby's sportbike valued at more than what we paid .
 
Old Oct 11, 2006 | 12:45 PM
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Your S was less then my Regular convertible? That doesn't seem right.]


Originally Posted by xizor
my 05 S was $400, yours is less because its a regular Cooper I assume
 
Old Oct 11, 2006 | 02:57 PM
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Originally Posted by xizor
i'm out of it, but not county sticker for 07?
Yes, More detail can be found on this thread I started in August.
 
Old Oct 11, 2006 | 04:54 PM
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Hey, y'all can easily get a 100% break on the car tax!

Join the military!!


-Paul!
 
Old Oct 11, 2006 | 10:14 PM
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another way is to move to MD and only pay tax on the car only when first registered with the state of MD, and that's it! no yearly car tax.
 
Old Oct 12, 2006 | 03:55 AM
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Originally Posted by krut
You will cry. I hate car tax - but it is a necessary evil.
..."a necessary evil"; Why? Many states do not have it; Maryland being one of them.
 
Old Oct 12, 2006 | 04:17 AM
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Originally Posted by -=Mike=-
..."a necessary evil"; Why? Many states do not have it; Maryland being one of them.
I couldn't agree more
 
Old Oct 12, 2006 | 05:16 AM
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Consider yourselves lucky, my MINI's tax was $492...
 
Old Oct 12, 2006 | 05:20 AM
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In Virginia, haven't they started undoing former Governor Gilmore's car tax relief, which may affect the amount of tax you pay?

Is the assessed value actually higher, or just how much tax you have to pay? (Sorry if I missed that in your earlier posts).

john
 
Old Oct 12, 2006 | 05:28 AM
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My wife and I were surprised that my car was assessed at less than $20K. Mistake?
 
Old Oct 12, 2006 | 05:52 AM
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Originally Posted by Paul!
Hey, y'all can easily get a 100% break on the car tax!

Join the military!!


-Paul!
Just don't lease the car... Leased cars still get taxed by VA even if you're military. That's because the car is actually titled in the name of the leasing company and not in the name of the service member.... Guess how I know... Even if you're military with the car registered and titled out of VA, you still get hit with a tax bill from VA if you're living in VA...
 



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