bikes value for tax appraisel

[Houtman_imp]

In NC we have property tax on our vehicles , including motor cycles.
Last year my 2013 CB 1100 with ABS was appraised at $ 9,900 and my 2014 DLX at $ 7,652
I just got the bill for my 2018 tax and my 2013 and it is still $ 9,900 !
Is it that very few 2013 with ABS were sold , perhaps I should sell my bike to Buncombe County / NC tax office !

[use2b_imp]

that is so sad . we have no such thing in Florida and have 9 vehicles , most with antique tags [ about $32 a year ] other than insurance that is it. we have no state income tax , no tax on food , my home is homestead exempt and less than $60 a year tax on 31 acres of agricultural land.

I would declare the bike to be worth about 5K myself , without ABS even less. good luck SMH

[Bheezy27403_imp]

You can dispute the value with a written letter. They won't come down much but if you keep on them you get them down some.

I had an '88 Prelude (4WS, fun car) that I bought mint in 2003 for $2k. It was appraised at $4500! I told them to come buy it immediately! I would even give them a deal at $4k!

[LouA_imp]

I once owned a '76 Triumph Bonneville that was appraised for more than it sold for new!!

[Razor]

I’d take it to a bike dealer and ask if they’d appraise it for the retail & wholesale value. Then present the info and see if they’ll meet you somewhere in between.

[Blockhead_imp]

I’m glad we don’t have that kind of tax in Pa...however, they screw us in other ways.

[LongRanger_imp]

In Colorado, a portion of the annual registration fee is based on the original purchase price, not on the current appraised value, but they apply a sliding scale each year to determine the tax amount. This year's registration on my CB will be about $60, of which $3 is the property tax piece (which is tax deductible if you itemize).

[Houtman_imp]

that is so sad . we have no such thing in Florida and have 9 vehicles , most with antique tags [ about $32 a year ] other than insurance that is it. we have no state income tax , no tax on food , my home is homestead exempt and less than $60 a year tax on 31 acres of agricultural land.

I would declare the bike to be worth about 5K myself , without ABS even less. good luck SMH

I am thinking about moving in with you !
Can I bring my wife and 2 cats as well.
All joking apart we love the Asheville area , our house property tax is $4,100 but still a lot less than what we paid in NY.

[Lord Popgun]

Asheville huh? Do you, by any chance, know how much the tax is on Biltmore House? I tried to find it on-line and was never successful. Here you can look up any address on the on-line property tax site the city runs.

In Va. Beach the tax on my bikes and car goes down every year. Is still kinda high though.

[PowerDubs_imp]

that is so sad . we have no such thing in Florida and have 9 vehicles , most with antique tags [ about $32 a year ] other than insurance that is it. we have no state income tax , no tax on food , my home is homestead exempt and less than $60 a year tax on 31 acres of agricultural land.

I would declare the bike to be worth about 5K myself , without ABS even less. good luck SMH

How does that work?