Yes, in some states you do. It's like the property tax you pay on land you own. A privilege tax for being able to drive.
Good for you. I lived in South Carolina for a short time and my jaw hit the floor when I got the tax bill for my three cars. It was almost $600/year. That was for the white Comet seen below, a 4 year old Mercury Cougar, and a 8 year old Jaguar XJ
Thats exactly why I wont move to NC even though my daughter lives there. Va is the same way. Personal property taxes suck!!! My other daughter lives in AL so thats where I will eventually be.
In 'Bama, it's based on the value of the car. The older the car, the less the tax, no matter if you have a $500,000 show car, the tax is based on the when sold new price, and then goes down each year with the lower value of the car. A new car starts out about $300 or so and drops from there. They do not count any improvements over the original vehicle cost, nor any improvements on a worn out vehicle. I think it's called an ad valorem tax.
Next is going to be a sex tax,,,, they are going to ask: Does a Man/woman live with you,,? Are they there 7 days a week,,,,? How old are you,,,? How old are they,,,? well at the ages you have provided we have caculated the Booty Tax of $1,000.00 for this year. Our records show that you have exceded your usage this year by 3.4 times. pay a penalty of----- $124.00 Late fee of-----------$ 63.95 Latex/disposal fee.----$ 18.95 Over use Tax---------$141.87 Security/deposit------$155.99 Normal Usage--------$1,000.00 Total------- $1,504.76 < Please pay this amount. Our records also show you have over payed last year. Penalty of $200.00 has been added to your Taxes this year.. (confusion tax) What do we do with 74cents extra? New Total ------------$1,504.76 over/payed tax----------$200.00 Total---> $704.76 Tax--->$ 70.47 You pay-->$1,775.23 The Great State Of Kaos Thanks you.
Each vehicle has to be taxed as property. Whether it drives or not is unimportant. I still pay on my Jeep and I haven't driven it in a year.
Joe, I didn't know you were that hillarious!!! My wife and I are on the floor (laughing, by the way...)