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Recreational Mechanic
Join Date: Sep 2000
Location: Northern Colorado, USA
Posts: 3,326
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OT - Tax on a Used Vehicle--Need Advice
Bought a used vehicle (non-Porsche) about 8 months ago. The vehicle had some problems which both the seller and I knew about, so I got it for significantly less than its retail value..."as is."
I just received a letter from the State of WI saying they were performing a "vehicle use tax audit" and noticed the amount I claimed/paid tax on the vehicle was significantly less than the "average retail value" and asked for a copy of a cashier's check used to pay for the vehicle, or an "official" bill of sale. They also said if I do not submit one of these, they will charge me the tax at the full retail value of the vehicle!
Well I paid cash, and the bill of sale I have is little more than a hand written sheet saying only the year/model and "as is"...nothing official at all.
Any advice on how I should handle this? Any lawyer types out there who want to comment?
I have 30 days to reply.
Thanks!
Nick.
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P Cars: 2022 Macan GTS / One empty garage space ---- Other cars: 2019 Golf R 6MT / 2021 F-250 Diesel / 2024 Toyota GR86 6MT ---- Gone: 1997 Spec Boxster Race Car, 2020 GT4, 2004 GT3, 2003 Carrera, 1982 911SC, 2005 Lotus Elise and lots of other non-Porsches
PCA National DE Instructor #202106053 / PCA Club Racing / WRL Endurance Racing
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