Posted by BarnyardEngineering on February 13, 2018 at 06:34:32 from (98.17.202.247):
In Reply to: MI vehicle sales tax posted by RBoots on February 12, 2018 at 17:26:44:
That's what happens when you LIE AND CHEAT. Too many people were lying about the amount they paid for a private-sale vehicle to get out of paying the sales tax on it. So they made it a law so you can't do that anymore.
Last time I bought a private sale vehicle here in NY, if the amount was "reasonable" they didn't pull out the book, but if you wrote in something like $1, $100, or even $10,000 for a 2015 Ford F350 for example, they would nail you for full NADA value. You can squeak a few thousand off the price, as long as you have a receipt from the seller to match, but you can't flat out claim you paid $1 for a 3-year-old truck.
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Today's Featured Article - History of the Nuffield Tractor - by Anthony West. The Nuffield tractor story started in early 1945. The British government still reeling from the effects of the war on the economy, approached the Nuffield organization to see if they would design and build an "ALL NEW" British built wheeled tractor, suitable for both British and world farming.
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