Personal Property Taxes on your M3

CSWM3 · 07-03-2009, 10:55 PM

How much are you paying? I just moved to CT from NY and this sucks in this state.....

NYSPEM3 · 07-03-2009, 11:35 PM

Personal Property Tax? There ain't no such thing in this state.
There is vehicle registration tax and I think it's $140 +/- for 2 years, but it is dependent upon the weight, not the value, of the car.

CSWM3 · 07-05-2009, 03:03 PM

I received a bill for more than $1500 for my M3 and it was decided on the assessed value of the car times a "mill rate" which is close 3% ...I dont understand WTF is going on...!!! the bill says personal property tax on your vehicle....???? this is CT , not NY!!

skierman64 · 07-10-2009, 11:19 PM

If you work in NY, get a PO Box there and keep your car registered in NY.

CSWM3 · 07-13-2009, 06:44 PM

but I have CT license....what about that? will that work out...? thanks

skierman64 · 07-13-2009, 07:00 PM

Hmmm...dunno on that one. Good question. For folks that own more than one house, couldn't you have a car in a state that is not the state you live in most of the time and therefore you'd have a license in one state and a car registered in another state? I'd think that'd be legal.

There are some troopers on here, I bet they could answer that one.

07-03-2009, 10:55 PM	#1
CSWM3 Banned 59 Rep 458 Posts Drives: White on black E92 coupe Join Date: Dec 2008 Location: Midtown Manhattan iTrader: (0)	Personal Property Taxes on your M3 How much are you paying? I just moved to CT from NY and this sucks in this state.....
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07-03-2009, 11:35 PM	#2
NYSPEM3 Second Lieutenant 10 Rep 221 Posts Drives: E90 M3 DCT Join Date: May 2008 Location: NYC iTrader: (0)	Personal Property Tax? There ain't no such thing in this state. There is vehicle registration tax and I think it's $140 +/- for 2 years, but it is dependent upon the weight, not the value, of the car. __________________ -------------------------------------------------- E90 M3 DCT Interlagos Blue/Silver Interior, Tech Pkg, Prem Pkg, Folddown Seats, 19"... that's it Certified V1 Zombie
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07-05-2009, 03:03 PM	#3
CSWM3 Banned 59 Rep 458 Posts Drives: White on black E92 coupe Join Date: Dec 2008 Location: Midtown Manhattan iTrader: (0)	I received a bill for more than $1500 for my M3 and it was decided on the assessed value of the car times a "mill rate" which is close 3% ...I dont understand WTF is going on...!!! the bill says personal property tax on your vehicle....???? this is CT , not NY!!
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07-10-2009, 11:19 PM	#4
skierman64 Brigadier General 125 Rep 3,071 Posts Drives: E92M3-E46M3-E46Wagon-E89Z4-E36 Join Date: Dec 2006 Location: Greater St Louis Metro area iTrader: (1) Garage List 1994 325is Race Car [0.00] 2011 BMW Z4 [0.00] 1998 M3 Coupe [0.00] 2008 M3 Coupe [0.00]	If you work in NY, get a PO Box there and keep your car registered in NY. __________________ Invest Wisely...The best mod for your money?? BMWCCA high performance driver's school. The mod that lasts a lifetime and improves the performance of any car you drive[/LEFT]
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07-13-2009, 06:44 PM	#5
CSWM3 Banned 59 Rep 458 Posts Drives: White on black E92 coupe Join Date: Dec 2008 Location: Midtown Manhattan iTrader: (0)	but I have CT license....what about that? will that work out...? thanks
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07-13-2009, 07:00 PM	#6
skierman64 Brigadier General 125 Rep 3,071 Posts Drives: E92M3-E46M3-E46Wagon-E89Z4-E36 Join Date: Dec 2006 Location: Greater St Louis Metro area iTrader: (1) Garage List 1994 325is Race Car [0.00] 2011 BMW Z4 [0.00] 1998 M3 Coupe [0.00] 2008 M3 Coupe [0.00]	Hmmm...dunno on that one. Good question. For folks that own more than one house, couldn't you have a car in a state that is not the state you live in most of the time and therefore you'd have a license in one state and a car registered in another state? I'd think that'd be legal. There are some troopers on here, I bet they could answer that one. __________________ Invest Wisely...The best mod for your money?? BMWCCA high performance driver's school. The mod that lasts a lifetime and improves the performance of any car you drive[/LEFT]
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