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boating in CT just got more expensive!

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Old 05-10-2011 | 11:37 AM
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DMV WILL know the difference they will charge you RETAIL BOOK VALUE. They did it to me twice with boats. They will send you an amended tax bill in the mail and you will have to appeal it. So pay with certified check and cash, Send the copy of the check to DMV and they might accept it as truth or not. I'm 1-1 in this arguement. They also do this with trucks and cars as well. They have to pay for shaniqua and her 6 kids.
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Old 05-10-2011 | 11:42 AM
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Originally Posted by zzzzzz
DMV WILL know the difference they will charge you RETAIL BOOK VALUE. They did it to me twice with boats. They will send you an amended tax bill in the mail and you will have to appeal it. So pay with certified check and cash, Send the copy of the check to DMV and they might accept it as truth or not. I'm 1-1 in this arguement. They also do this with trucks and cars as well. They have to pay for shaniqua and her 6 kids.
wow thats surprising to hear. i dont want to divulge what i paid or put on my bill of sale but i will just say it was substantially lower. they didnt even blink an eye. interesting.
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Old 05-10-2011 | 11:44 AM
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Originally Posted by moses0324
they use bill of sale only. i know because i did it last august.

to be honest, a kbb or blue book doesnt really exist for boats. the price window for boats is so wide that its imposible to track. i.e. i used one book value for my boat to see what kind of deal i was getting. it varied from 45k to almost 80k. not very reliable info. i just went off the market value of what people we asking for them.
NADA is the standard most states use for charging book value.
Edit: at least the ones that go by 'book value' do anyway.

Originally Posted by zzzzzz
DMV WILL know the difference they will charge you RETAIL BOOK VALUE. They did it to me twice with boats. They will send you an amended tax bill in the mail and you will have to appeal it. So pay with certified check and cash, Send the copy of the check to DMV and they might accept it as truth or not. I'm 1-1 in this arguement. They also do this with trucks and cars as well. They have to pay for shaniqua and her 6 kids.
That's what I was affraid of.

Anyone else know what CT is doing these days???

Last edited by SS930; 05-10-2011 at 11:47 AM.
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Old 05-10-2011 | 11:46 AM
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Originally Posted by SS930
NADA is the standard most states use for charging book value.



That's what I was affraid of.

Anyone else know what CT is doing these days???
You can always register in RI. No sales tax.
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Old 05-10-2011 | 12:02 PM
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Originally Posted by moses0324
You can always register in RI. No sales tax.
I might go that direction if CT wants book value!
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Old 05-10-2011 | 12:52 PM
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Originally Posted by zzzzzz
DMV WILL know the difference they will charge you RETAIL BOOK VALUE. They did it to me twice with boats. They will send you an amended tax bill in the mail and you will have to appeal it. So pay with certified check and cash, Send the copy of the check to DMV and they might accept it as truth or not. I'm 1-1 in this arguement. They also do this with trucks and cars as well. They have to pay for shaniqua and her 6 kids.
I'm with Moses. Never had a problem.
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Old 05-10-2011 | 01:12 PM
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Originally Posted by zzzzzz
They have to pay for shaniqua and her 6 kids.
..... from 6 different dudes! None of which have JOBS!!!!
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Old 05-10-2011 | 03:06 PM
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Happened to me once,put a lower value, thought it was fine and 6 months later got a bill in the mail for a whole bunch more.
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Old 05-10-2011 | 05:59 PM
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News tonight stated fact CT is #1 in personal tax rates, They figured 2 out of every 8 hours worked are for Taxes. F'IN BS. They are driving what's left of business out of state.
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Old 05-10-2011 | 10:30 PM
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I really cant answer that question, They are still trying to figure out how things are going to work!

I will stay in touch with them and pose some of these questions for you guys and try to get solid answers but I dont want to throw up any plags and have them LOOK INTO ANYTHING they wouldnt have.

I would guess based on how cars work that book value will be the way its going to go now that they have Tax money at stake and need the funds.



Typical state Government shooting them slevs in the foot with this tax crap. you know how many people will process Ct sales out of state, there will be out of state services making money off this just like there is for cars.
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