Weird NADA valuation for the 6.9 IDI
#16
the state told me that, and i said if you think it is worth $20,000, then you pay me that for it and it is yours. until then, i paid $7,000 for it and that is all the tax money i am paying for it. they could not do anything more because you only pay tax on the amount spent.
#17
Join Date: Mar 2005
Location: Marlboro Mental Hospital.
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here in joisey they will give you a whatever if you are smart.
then 6-7 months later you get a bill in the mail.
most people think since it is from the state, it has to be paid.
i have been getting them for 35 years, and have been throwing them away for 35 years.
they can only tax you for what you paid. not what it is worth.
as an example,another time i bought a 2002 F-350 diesel 4X4 crew cab for $750 with a blown engine.
they tried charging me $1400 in sales tax because they said the truck was worth $20,000.
i told them i already paid the $52.50 sales tax for the sale amount.
and that i overpaid for the truck because it was going to cost more for the engine and trans than the truck was worth and it was getting cut up for parts.
the only reason i was there at all was to put the title in my name so i could get rid of the remains after it was cut up.
then 6-7 months later you get a bill in the mail.
most people think since it is from the state, it has to be paid.
i have been getting them for 35 years, and have been throwing them away for 35 years.
they can only tax you for what you paid. not what it is worth.
as an example,another time i bought a 2002 F-350 diesel 4X4 crew cab for $750 with a blown engine.
they tried charging me $1400 in sales tax because they said the truck was worth $20,000.
i told them i already paid the $52.50 sales tax for the sale amount.
and that i overpaid for the truck because it was going to cost more for the engine and trans than the truck was worth and it was getting cut up for parts.
the only reason i was there at all was to put the title in my name so i could get rid of the remains after it was cut up.
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