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 - Fasteners: The Nuts and Bolts of Nuts and Bolts - by Curtis Von Fange. The nuts and bolts of nuts and bolts is an interesting and essential piece of knowledge that applies to our older tractors. An improperly torqued capscrew on an engine head or a shear bolt that is too hard on the driving shaft of a bushog can create havoc and make an expensive and uncalled for repair. Let�s examine the purpose and design of these fasteners in order to ensure their proper use. Fasteners are probably one of the aspects of mechanics that is given the least amount of thought.
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