JY>> Each year, they go to the Blue Book and ascertain the value of
 JY>> the vehicle, then tax the vehicle at 40% of the value at the
 JY>> current city/county millage rate, then sell the tag to the owner.
 JY>> If I don't

 AB>  Boy, and they say we here in Canada are taxed up the wazoo...

 AB>  Our plate costs are fixed rate depending on vehicle (ie, pasenger
 AB> car/light duty truck, 3/4 ton, 1 ton, etc).  p.cars and light duty
 AB> trucks are $174/2yrs (or 1yr for half that) (plus $37.50 if you need
 AB> an emmisions test).


Then actually I get off cheaper that you do; my 1-ton truck's tag is only
about $24.  Dunno how much the Hyundai is gonna be yet.

 AB>  You pay taxes (8%) on purchase price, or book value, whichever is
 AB> higher.

Book value on the Hyundai is $2900 so the tax would be $232 +$20 for the
tag, at the rate you pay.  But, I suspect that you only have to pay it
once, I have to pay the ad valorem tax every year.




--- McGuffey's Reader                                 GoldED+/W32