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In MA, everyone uses NADA: insurance companies, lenders, and the registry. I've never heard of the RMV using a seperate list.Originally posted by bigred875
we'll they don't go by KBB..they have their own list..and it is usually valued less then kbb and nada
"It is important never to forget where u all came from — becoz black, white, brown or pakistani we all come from de same place — de punani."
-Ali G
Triumph Daytona 675 SE
NADA....even worse.....Low retail $3125.00 Average retail $4110.00
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"If you don't stand for something you fall for everything."
"Speak when you are angry and you will make the best speech you will ever regret."
I had to fill out one of those notarized affadavits of correction when i registered my bike because i wrote "dave" instead of "david" on the back, i didnt even think about of it. Better yet, they let me know after i'd been sitting in line for 45 minutes, and the registry was closing in 45 minutes, on a friday afternoon.
Yup, the mistake on the title is with my last name, my husband last name was written down instead of my maiden name (nobody's fault, I just use my husband's last name from time to time, but I can't use it for important papers and the seller didn't know that) and also one box about the mileage shouldn't have been checked, but it was kinda confusing, so anyway, she crossed the mistakes, corrected them on the title and initialed it, but apparently it was not good enough for the RMV and now they are asking for an affidavit of correction.![]()
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"If you don't stand for something you fall for everything."
"Speak when you are angry and you will make the best speech you will ever regret."
sales tax once
excise tax every year
registration every year
inspection every year
list goes on but u should already know that already, that shouldn't be news to you... I think I paid 380 bucks in cash to register and transfer the title on my bike when i got it.
U want the bike? Pay up & shut up.... or at least shut up![]()
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-Pete LRRS/CCS #81 - ECK Racing, TonysTrackDays
GMD Computrack Boston | Pine Motorparts/PBE Specialists | Phoenix Graphics | Woodcraft | MTag-Pirelli | OnTrack Media
The Garage: '03 Tuono | '06 SV650
Sorry to har about the Title stuff...
One time I tried to white out a typo
on a title and learned the hard way !
About the taxes though...
one thing to remember is that some of the taxes you pay go to fixing roads...
tax in NH?
just tell em to waive that crap, or your walkin!
" Never create what you can't control "
No, she's paying tax in MA. It makes zero difference where you buy the vehicle, it's where you register/insure it.Originally posted by gonzo6
tax in NH?
just tell em to waive that crap, or your walkin!
So if you live in NH and buy a bike in MA, you don't pay tax. You live in MA and buy a bike in NH, you pay tax, in MA.
"It is important never to forget where u all came from — becoz black, white, brown or pakistani we all come from de same place — de punani."
-Ali G
Triumph Daytona 675 SE
I had the same issue on my, i messed up the date and corrected it so i needed it notorized, that was in brockton... notorized it and went to boston and the girl at the counter laughed and said it was ridiculous that brockton made me do that.
geeze i never looked at it that way...suxOriginally posted by slaps76
No, she's paying tax in MA. It makes zero difference where you buy the vehicle, it's where you register/insure it.
So if you live in NH and buy a bike in MA, you don't pay tax. You live in MA and buy a bike in NH, you pay tax, in MA.![]()
" Never create what you can't control "
By the book they're suppose to charge the buyer sales tax on whichever amount is higher... the sale price or the book value.
Yearly excise tax is also calculated on book value, down to a minumum of $5.
2003 ZX7R
1995 916
The notarized item is in the mail...And sorry I can't help on the bill of sale...It wouldn't matter anyway...They base it on wholesale value..![]()
" It's never too late to be what you might have been." George Eliot
yeah I called you earlier today about the bill of sale, now that I understand it is based on the book value (most likely), it won't make a difference indeed. Like Oreo cookie said, I'll suck it up.![]()
Thank you for sending the notarized paper Vicki.![]()
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"If you don't stand for something you fall for everything."
"Speak when you are angry and you will make the best speech you will ever regret."
Already tried that!!! What happened when I went, I brought a second fake bill of sale for like $1000. She looked up the value of my bike and charged me a sales tax on the value.Originally posted by MissTwisties
Umm....maybe we should have wrote a second "fake" bill of sales of the amount of let's say....$1500.00 so I wouldn't have to pay as much taxes on the bike! Oh that would be niceeee....![]()
She said whatever is higher (what you paid for the bike, or the value of the bike) is what you pay the sales tax on.
Last edited by Billy; 05-23-06 at 05:59 PM.
Originally posted by MissTwisties
Umm....maybe we should have wrote a second "fake" bill of sales of the amount of let's say....$1500.00 so I wouldn't have to pay as much taxes on the bike! Oh that would be niceeee....![]()
That doesnt work in R.I. if you buy private sale it doesn't matter what you payed you have to pay taxes on the total value of the vehicle.
If you buy from a dealer or wholesaler you only pay taxes on the purchase price.
Why would a seller have to pay taxes too? If you sell something you don't pay taxes for selling it. Besides it came from NH and they don't have sales tax.
You suck at life. Why don't you quit?
My dad told me I could be anything I wanted when I grew up. So I became an Asshole.
I'm not the one who said that!!Originally posted by dhuze
Why would a seller have to pay taxes too? If you sell something you don't pay taxes for selling it. Besides it came from NH and they don't have sales tax.I know sellers don't pay taxes, the buyer does!
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"If you don't stand for something you fall for everything."
"Speak when you are angry and you will make the best speech you will ever regret."
Originally posted by MissTwisties
I'm not the one who said that!!I know sellers don't pay taxes, the buyer does!
Therefore I was not talking to you.![]()
You suck at life. Why don't you quit?
My dad told me I could be anything I wanted when I grew up. So I became an Asshole.
Originally posted by MissTwisties
When Man God sold his ZX-9 to a guy on here, they made it difficult to transfer the title for a stupid little thing on the title. Now I'm trying to put my bike on the road, and they're giving me a hard time for a little mistake that was made on the title when it was transfered to me. Now I have to bring them a notarized affidavit of correction and only then will I be able to put the bike on the road. They suck!![]()
Oh and on top of it...they're having me pay sale taxes on the $3K I paid for the bike. GREATTTT. Ughhhh.![]()
WELCOME TO THE USA! You option is Canada no??
KB
If I remember correctly, excise is $15 on the thousand. My old SV was $6100 new and I ended up paying just a tad over $90 for excise.Originally posted by MissTwisties
Yup, excise tax I believe. Youpay that for your car and for your bike. It's a small amount, something like $15 for a bike if I remember right, and something like $25-$30 for the car...can't remember...
As for sales tax, I think it entirely depends on which RMV agent you get, or if you do it through your insurance company. I use Amica and they can handle the registration/tax/plates in house, and they charged me sales tax on the printed price ($1200) on my Bill of Sale for my FZR. I paid $2200 for it (just below NADA), but had $1200 put down on the BoS to save some money.
'02 Suzuki SV650S