"j...@windwireless.net" <j...@windwireless.net> writes:

>>"The DMV won't believe you got it for less than $7500."
>>Yes, I've heard that WA state DMV has certain revenue enhancement 
> procedures in 
>>place. Perhaps Mr. Cathey (or Gump's owner) could elaborate.
>
> Yes, a bill of sale is not adequate to establish value.  The DMV has a form 
> that you both sign,
>
> use that instead of a bill of sale.

In Indiana, to transfer title you pay sales tax based on the bill of
sale or stated sale price.  You also pay a yearly tax based on the value
of the vehicle (determined by vehicle model and age, not sale price)
which is part of the yearly registration renewal.

Allan

-- 
1983 300D

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