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Join Date: Dec 2008
Location: The Midlands, SC
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Quote:
Originally Posted by cashman View Post
In the state of NC, we have the pleasure of paying property tax every year as part of our annual inspection/registration process. Last year, I paid $123.83 ($4,080 appraised value). This year, I'm hit with $502.10. ($32,100 appraised value). My tax just went up $400 (Annually) on a 33 year old car. WTF.

I'm not a fan of annual property tax on vehicles. I can stomach the $100. But $500 for a 33 year old vehicle is ridiculous ..... whatever the value. If I paid $500 for the 33 year life of the car I would have paid $16,500 of property tax. This is after paying the initial sales tax.

Do I question this or let it ride in case the state says it should have been higher all along?
I wonder does NC use real values. 911s have been going up in value for some time now, just wondering what changed. I also wonder if someone added an extra 0 at the end of the value be mistake. I don't think it would hurt to ask.
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Stephanie
'21 Model S Plaid, '21 Model 3 Performance '13 Focus ST,
Off to a new home: '16 Focus RS,'86 911 Targa 3.4, '87 930, '05 Lotus Elise, '19 Audi RS3,
Old 09-18-2022, 09:53 AM
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