Taxes on used motorcycle

[GreyGhost]

MTO only follows book for a certain year range. I'm hoping that my 02 stang falls outside of that range when I register in the spring, as I legitimately bought it dirt cheap because the p.o. spun it in the rain and it instantly became a 'project'. If they try to tax me on market value of a convertible gt, it will probably cost more than what I paid for the car.

That's where a legitimate appraisal last fall (which costs less than a couple hundred $) could have helped you out.

 

[PrivatePilot]

MTO only follows book for a certain year range. I'm hoping that my 02 stang falls outside of that range when I register in the spring,

Pretty sure the book values go back to the 90's, if not older.

 

[Pegassus]

Most vehicles I've sold have been "as is" or "needs repair"

I've traded vehicles for coffees (1.52 on the receipt)... including a 60K car.

Never an issue... I've had to answer a couple questions, but nothing serious.

Not sure if serious.....

 

[PrivatePilot]

Not sure if serious.....

Not sure if you realize thread is a year old.