department of revenue : owe more taxes?!? - TriStateTuners.com :: Home of Tristate Auto Enthusiast

yick yack · 07-30-2010, 04:36 PM

I got a letter in the mail saying that "the average sales price for the year, make and model of the vehicle identified is considerably higher than my declared purchace price" And they are saying that i have to pay a estimated 376.50 for my car which a few months ago I paid the taxes for and got the title., and now they want more money.,. what is up with that?? So i guess i have to try to find the seller and have him write a letter saying that I paid what I paid.,?

FocusDude · 07-30-2010, 04:50 PM

Welcome to the US? Tax revenue is down, the need to keep the lights on somehow.

I've heard of it happening before. You can say you bought a car from somebody for a dollar (and the seller could back it up), even if you truly paid 10k on it. The only way to really fight it probably is to find a way it was not worth the price they believe it to be worth, and I don't know how ya do that.

yick yack · 07-30-2010, 04:57 PM

i'm in the process if googleing / yellowpageing the guys name., i have 3 pages of his name ., but i have 30 days to prove it so i guess im going to make alot of phonecalls

turboman808 · 07-30-2010, 05:04 PM

They are hurting for money.

My solstice is in my LLCs name and I wanted to sell it to myself for a dollar like mentioned but I rather not deal with the hassle of having some sort of surprise tax.

I called up the DMV and asked and the person said I can gift it to myself and there is not tax. However with a bit more searching I found out there is income tax on gits over 10 grand.

yick yack · 07-30-2010, 05:41 PM

I wonder if i would of overpaid for my car if i would get money refunded ... HAHAHAHA

i_ride_fieroGT · 07-30-2010, 06:04 PM

I just got one of these for my jeep that i just sold (had it about a month.)... i have to get my original bill of sale and tell them to stick it somewhere.

yick yack · 07-30-2010, 06:49 PM

its pretty rediclious.... i mean i paid the taxes and they allowed everything legality.,.. then a couple months later i get something in the mail asking for $400 more in taxes? Its like me buying something at a store when its on sale and when it goes off sale i have to pay them back... or paying msrp for everything??? That's why you shop around to find a good deal (so i thought) until its worth more than i paid for it??? So i'm guessing dealerships are going to payback millions of dollars back to people for overpaying them... no,... sorry for going on and on... just kind of p/o'd that this scenario occurred....

i_ride_fieroGT · 07-30-2010, 06:52 PM

Quote:

Originally Posted by yick yack

its pretty rediclious.... i mean i paid the taxes and they allowed everything legality.,.. then a couple months later i get something in the mail asking for $400 more in taxes? Its like me buying something at a store when its on sale and when it goes off sale i have to pay them back... or paying msrp for everything??? That's why you shop around to find a good deal (so i thought) until its worth more than i paid for it??? So i'm guessing dealerships are going to payback millions of dollars back to people for overpaying them... no,... sorry for going on and on... just kind of p/o'd that this scenario occurred....

Lol this is out goverment... and this is how uncle sam sticks it in a breaks it off. i cant wait to see what they come at me for on my new eclipse.. i got that way under markey value.

turboman808 · 07-30-2010, 07:17 PM

The good thing is Barak will get voted out in 2 more year and maybe we will get a real hardass conservative in there that will slash funding to all the stupid ****.

Not that I was a Bush supporter but at least when he was president I could make some dam money.

Supraru · 07-30-2010, 07:31 PM

Well before you complain about it you never said how much you paid for it and what you actually claimed to buy it for when you transferred the titles. This would be a key part of whether or not you can actually complain about it or not.

I had friends that used to do it all the time. Sell a little honda civic with some engine swap in it for 5k and only say they sold it for 1k or so to help the buyer out on taxes. Yeah it sucks you gotta pay taxes on it but just think of how many people do it.

yick yack · 07-30-2010, 09:57 PM

Quote:

Originally Posted by Supraru

Well before you complain about it you never said how much you paid for it and what you actually claimed to buy it for when you transferred the titles. This would be a key part of whether or not you can actually complain about it or not.

I had friends that used to do it all the time. Sell a little honda civic with some engine swap in it for 5k and only say they sold it for 1k or so to help the buyer out on taxes. Yeah it sucks you gotta pay taxes on it but just think of how many people do it.

well i dont want to say how much i paid for it because uncle sam knows how too work a computer also... but at least i didn't get it gifted... i wrote $5,000 thinking that was really reasonable of a price so unc. sam got his money but being that society has to be built on corruption he wants me to pay again... i'm getting this straightened out

Chris B. · 07-30-2010, 10:37 PM

Last time I bought a car for well under book vaue, I had to give a reason that I got it so cheap. The reason was written on the form and it the state neevr questioned it.

Supraru · 07-30-2010, 11:20 PM

Quote:

Originally Posted by yick yack

well i dont want to say how much i paid for it because uncle sam knows how too work a computer also... but at least i didn't get it gifted... i wrote $5,000 thinking that was really reasonable of a price so unc. sam got his money but being that society has to be built on corruption he wants me to pay again... i'm getting this straightened out

So you tried to cheat in paying the amount of taxes you're supposed to pay now you're on here complaining that you cheated and got busted? That's the reason you have to pay again because you didn't pay the right amount to begin with. It's only your fault.

Honduh · 07-30-2010, 11:45 PM

Quote:

Originally Posted by Supraru

So you tried to cheat in paying the amount of taxes you're supposed to pay now you're on here complaining that you cheated and got busted? That's the reason you have to pay again because you didn't pay the right amount to begin with. It's only your fault.

x2.

If you actually got it for cheap id feel bad, but you lied to save some cash.

GeforceXtreme · 08-02-2010, 04:04 PM

I find it funny that you pay tax again on a car that was taxed and paid for when the car was purchased new..

evomike · 08-02-2010, 04:08 PM

How do they know it isn't all banged up or doesn't run right? I wouldn't be ok with this.

yick yack · 08-02-2010, 04:18 PM

in the process of getting it sorted out right =]

jpalamar · 08-02-2010, 04:26 PM

There is a form your supposed to fill out when you buy a car if it is way under book value. It asks you to state why you bought it so cheap. I had to fill one out when I bought the Talon.

FocusDude · 08-02-2010, 09:04 PM

Quote:

Originally Posted by yick yack

but being that society has to be built on corruption he wants me to pay again... i'm getting this straightened out

ROFLcopter... So since society is a bitch, it rights your wrong of screwing her back? I love this new age version of reasoning.

wheresmycar · 08-02-2010, 09:44 PM

Quote:

Originally Posted by jpalamar

There is a form your supposed to fill out when you buy a car if it is way under book value. It asks you to state why you bought it so cheap. I had to fill one out when I bought the Talon.

I've heard that was for anything less than $1000. He says he bought it for more than that.

I'm not sure how insurance plays out if you totaled the car and only give you how much you paid on a much higher valued car.

07-30-2010, 04:36 PM	#1
yick yack Tri-State Aficionado Join Date: Aug 2008 Location: Bensalem Member #8377 My Ride: FXT iTrader: (0)	department of revenue : owe more taxes?!? I got a letter in the mail saying that "the average sales price for the year, make and model of the vehicle identified is considerably higher than my declared purchace price" And they are saying that i have to pay a estimated 376.50 for my car which a few months ago I paid the taxes for and got the title., and now they want more money.,. what is up with that?? So i guess i have to try to find the seller and have him write a letter saying that I paid what I paid.,?

07-30-2010, 04:50 PM	#2
FocusDude Tri-State Post Whore Join Date: Nov 2007 Location: Lower Lower Bucks Member #6269 My Ride: 01 Focus ZX3 iTrader: (0)	Welcome to the US? Tax revenue is down, the need to keep the lights on somehow. I've heard of it happening before. You can say you bought a car from somebody for a dollar (and the seller could back it up), even if you truly paid 10k on it. The only way to really fight it probably is to find a way it was not worth the price they believe it to be worth, and I don't know how ya do that. __________________ 2001 Ford Focus ZX3 - To view links or images in signatures your post count must be 10 or greater. You currently have 0 signatures. - To view links or images in signatures your post count must be 10 or greater. You currently have 0 signatures.

07-30-2010, 07:31 PM	#10
Supraru Tri-State Post Whore Join Date: Apr 2006 Location: Pa Member #1745 My Ride: 1999 Subaru Impreza 2.5 Rs iTrader: (1)	Well before you complain about it you never said how much you paid for it and what you actually claimed to buy it for when you transferred the titles. This would be a key part of whether or not you can actually complain about it or not. I had friends that used to do it all the time. Sell a little honda civic with some engine swap in it for 5k and only say they sold it for 1k or so to help the buyer out on taxes. Yeah it sucks you gotta pay taxes on it but just think of how many people do it. __________________ 99' Sti

08-02-2010, 04:04 PM	#15
GeforceXtreme Tri-State Post Whore Join Date: Apr 2005 Location: Holland, Pa Member #367 My Ride: 2000 Buick Regal GSE iTrader: (0)	I find it funny that you pay tax again on a car that was taxed and paid for when the car was purchased new.. __________________ To view links or images in signatures your post count must be 10 or greater. You currently have 0 signatures. - "Gods Grocery Getter is powered by an L67 3800" - *To view links or images in signatures your post count must be 10 or greater. You currently have 0 signatures.* 12.900 @ 109.91mph 2.166 60Ft (Fastest 1/4) 13.374 @ 110.01mph 2.467 60Ft (Fastest Trap)

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07-30-2010, 04:57 PM	#3
yick yack Tri-State Aficionado Join Date: Aug 2008 Location: Bensalem Member #8377 My Ride: FXT iTrader: (0)	i'm in the process if googleing / yellowpageing the guys name., i have 3 pages of his name ., but i have 30 days to prove it so i guess im going to make alot of phonecalls

07-30-2010, 05:04 PM	#4
turboman808 Tri-State Addict Join Date: Jul 2007 Location: North Jersey Member #5285 iTrader: (0)	They are hurting for money. My solstice is in my LLCs name and I wanted to sell it to myself for a dollar like mentioned but I rather not deal with the hassle of having some sort of surprise tax. I called up the DMV and asked and the person said I can gift it to myself and there is not tax. However with a bit more searching I found out there is income tax on gits over 10 grand.

07-30-2010, 05:41 PM	#5
yick yack Tri-State Aficionado Join Date: Aug 2008 Location: Bensalem Member #8377 My Ride: FXT iTrader: (0)	I wonder if i would of overpaid for my car if i would get money refunded ... HAHAHAHA

07-30-2010, 06:04 PM	#6
i_ride_fieroGT Tri-State Post Whore Banned Join Date: Jan 2009 Location: all over Member #10595 My Ride: Does not hit mivec anymore.(DD) 06 solstice 5 speed. 84 IMSA Fiero5 speed. 87 Fiero GT 5 speed iTrader: (0)	I just got one of these for my jeep that i just sold (had it about a month.)... i have to get my original bill of sale and tell them to stick it somewhere.

07-30-2010, 06:49 PM	#7
yick yack Tri-State Aficionado Join Date: Aug 2008 Location: Bensalem Member #8377 My Ride: FXT iTrader: (0)	its pretty rediclious.... i mean i paid the taxes and they allowed everything legality.,.. then a couple months later i get something in the mail asking for $400 more in taxes? Its like me buying something at a store when its on sale and when it goes off sale i have to pay them back... or paying msrp for everything??? That's why you shop around to find a good deal (so i thought) until its worth more than i paid for it??? So i'm guessing dealerships are going to payback millions of dollars back to people for overpaying them... no,... sorry for going on and on... just kind of p/o'd that this scenario occurred....

07-30-2010, 07:17 PM	#9
turboman808 Tri-State Addict Join Date: Jul 2007 Location: North Jersey Member #5285 iTrader: (0)	The good thing is Barak will get voted out in 2 more year and maybe we will get a real hardass conservative in there that will slash funding to all the stupid ****. Not that I was a Bush supporter but at least when he was president I could make some dam money.

07-30-2010, 10:37 PM	#12
Chris B. Tri-State Post Whore Join Date: Jul 2009 Location: Lehigh Valley Member #14208 My Ride: is Sonic Blue iTrader: (0)	Last time I bought a car for well under book vaue, I had to give a reason that I got it so cheap. The reason was written on the form and it the state neevr questioned it.

08-02-2010, 04:08 PM	#16
evomike Tri-State Post Whore Join Date: Sep 2006 Member #2578 My Ride: 03 duramax and a 04 evo iTrader: (3)	How do they know it isn't all banged up or doesn't run right? I wouldn't be ok with this.

08-02-2010, 04:18 PM	#17
yick yack Tri-State Aficionado Join Date: Aug 2008 Location: Bensalem Member #8377 My Ride: FXT iTrader: (0)	in the process of getting it sorted out right =]

08-02-2010, 04:26 PM	#18
jpalamar TST Ruined My Life! Join Date: May 2009 Location: Collegeville, PA Member #13773 My Ride: 03 Corvette Z06 iTrader: (3)	There is a form your supposed to fill out when you buy a car if it is way under book value. It asks you to state why you bought it so cheap. I had to fill one out when I bought the Talon.