| Antique Vehicle License in NC [message #70490] |
Mon, 11 January 2010 11:08  |
shawnee
Messages: 422
Registered: February 2004
Location: NC
Karma: 0
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Senior Member |
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I just received an email from Mike Morton with a copy of the law in NC that regulates County taxing using a antique license. I had a problem with the county I live in when I changes my 70 Monte Carlo to Antique License. They increased the value by a factor of 10 because they said it was required by law since it was a "collector item". I called the State Bureau and they laughed about it and said it was not part of the law. When I faced them again they agreed to reduce the tax, but doubled it instead. This year they doubled it again. The NC law that was adopted in 1995 states "Antique automobiles shall be assessed for Taxation at a lower of its true value or five hundred dollars($500.00)."
I intend to revisit the tax office again and show this to them and relicense my GMC as antique and reduce the tax on the Monte Carlo. My GMC is licensed as a van and if any NC person wants to get antique license you can do it and probably lower your tax base. There are some qualifications but I think most people would qualify. I suspect there are other states that have a similar law so if you are interested,it might be worth checking out.
Gene Dotson
74 Canyonlands
www.bdub.net/Motorhome_Enhancements New Windows and Aluminum Radiators
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