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      10-20-2019, 10:14 AM   #5736
NEfan508
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Drives: 2019 M2C
Join Date: Jan 2019
Location: Massachusetts

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Quote:
Originally Posted by DETRoadster View Post
Quote:
Originally Posted by Run Silent View Post
#truth
Next to the "charitable giving" write off on your taxes and self reporting tip income, the self-valuation of a used vehicle purchase with the DMV has got to be one of the most exploited things.

DMV - Uh, so you're telling me you purchased a used 2017 BMW M3 for $500?
Owner - Yep! And here's my home-made receipt to prove it!
Taxachusetts RMV makes you pay "book value" no matter what your bill of sale shows

I'm curious, how do other states do it?

Temp tags are not available here but in Florida it's so common on new and used

Used, leased and purchased