Collector plates on your procar?

[John ED Renstrom]

I just got my renewal form for the "Early American" collector license plates for my car, and it is now $90 for 2 years. I have to pay the town excise tax on the value of the car which is $500 if you have collector plates on it. The rate is $18.00 per thousand dollars of value. If I didn't have collector plates on the car, then it would be the actual value as determined by the town tax assessor, which means "the sky is the limit".

strange the price of a car when it's taxed and when it's sold. here it's 3% of the trade difference and that goes to the state. one time fee. we lucked out the Stoner as it had been lic in Sd all ready so the taxes had been paid on it. the 2 bucks a tire disposal fee goes to the county. you pay that every year when you renew. the Historic tags are a 14 dollar one time fee.

 

[Paul Steinberg]

The excise tax is a yearly tax. They still get you for 6% sales tax when you register it, plus you have to purchase temp plates to take it for the VIN inspection which cost $20 for 10 days, and the VIN inspection costs $20. Gasoline in CT is 25 cents more expensive than it is in neighboring MA.



states with the highest tax burdens in the nation:

• New Jersey at 11.8% of income
• New York at 11.7% of income
• Connecticut at 11.1% of income
• Maryland at 10.8% of income
• Hawaii at 10.6% of income

states with the lowest tax burdens in the nation:

• Alaska at 6.4% of income
• Nevada at 6.6% of income
• Wyoming at 7% of income
• Florida at 7.4% of income
• New Hampshire at 7.6% of income

The Most and Least Taxing States to Live and Retire In

http://finance.yahoo.com/news/pf_article_113611.html


States facing shrinking revenues approved $23.9 billion in new taxes and fees in 2010. They imposed a further $6.2 billion in taxes in 2011 and proposed $13.8 billion in new taxes for 2012, according to the National Association of State Budget Officers. "Many jurisdictions, many states, many counties, are broke," said Carol Kokinis-Graves, senior writer analyst at Riverwoods (Ill.)-based tax and accounting firm CCH, a Wolters Kluwer business. Along with cutting services, states are getting creative in finding additional revenues. (Think: taxes on yoga classes and lots more "sin" taxes.)

The Tax Foundation annually releases state-local tax burdens for the residents of each state. The burdens are effective tax rates calculated by totaling state-local level taxes paid by taxpayers in each state, then dividing by their income. The burdens also reflect the economic incidence of taxes that are commonly shifted to out-of-state taxpayers.
Does your state lead the pack in levying taxes on income, property, consumption, inheritance, and whatever else it can dream up? Read on to see which states make you pay the most — and the least.

5 Highest State Tax Burdens
1. Connecticut
Income tax: 5%
Sales tax: 6.35%
Property tax per capita: $2,381
Inheritance tax: 7.2% to 16% with $2 million exemption
High taxes in Connecticut are paired with the nation's highest income per capita--$56,001 per person in 2010, according to the Bureau of Economic Analysis. A sales tax increase took effect in July, raising the rate, from 6 percent to 6.35 percent, and adding a further 3 percentage-point levy on luxury goods such as expensive cars and boats. The state collects the third-highest property taxes per capita and is one of 14 states to tax Social Security income, according to CCH.

 

[Joe Rackov]

Here's Michigan's direct from the state:http://michigan.gov/documents/hplate_16252_7.pdf

Again like others, parades, car shows, special events. Note the restrictions on the type of plates that can be used, no longer are dealer and manufacturer plates allowed as they were in the past. Apparently they were grandfathered in as some are still out there.....

There has been some noise from State Rep Hansen Clarke (D Detroit) on making Historic Plates valid for only one year. We will see how that goes.

A few years back the Secretary of State's office decided that the original Historic Vehicle plates were no longer valid. They were issued and valid as long as you owned the vehicle. A point of pride with some people, they were designated with a "X" in the center of the number series, the X standing for exempt from yearly registration. A similar designation was used on municipal government license plates. These plates were last issued in late 1988 to early 1989. When I first moved back and registered one of my cars in early 1989 I received a new Historic plate with a four digit number, 1030 IIRC.

Well, after a flurry of complaints and bad publicity this decision was reversed. I think a decision from the Attorney General's office was involved, but I could be wrong on this point.

Anyway, except for the city of Royal Oak, most LEO's in the state will not bother you if you are not seen driving it seven days a week, parked nightly at the bar, etc. Kind of like the blue dots on my '82 Harley, don't make a spectacle of yourself, you will not have any issues arise. Royal Oak is a special case, during the Woodward Dream Cruise (a one day affair) preceding week they are writing tickets for improper plate usage. I could go into a long spiel why this is but in a nutshell it is a revenue grab.

Of course, since I have said this, I have probably jinxed myself..........:badbad:

 

[Paul Steinberg]

I have this pair for my 1978 Superior Cadillac when I put it back on the road.

 

[Paul Steinberg]

Today, I found my first historical plate that I purchased around 1962 in New Jersey. Back then, it was $25 and it was for the "lifetime" of the vehicle it was issued to.

 

[Pat Post]

I am so glad that Kansas is a car friendly state. Antique or historical tags have no limitations. I wanted a "special interest" tag for my Buick but it is still not old enough.