Who REALLY owns their Z???

MarkGideon · 05-20-2013, 01:58 PM

Quote:

Originally Posted by birdmanx1

I'm not sure I follow.

You never really "own" anything as long as if you don't pay personal (or real ) property taxes the local government will take it away.

MMC Racing · 05-20-2013, 02:17 PM

Quote:

Originally Posted by MarkGideon

You never really "own" anything as long as if you don't pay personal (or real ) property taxes the local government will take it away.

That is a silly way to look at things. No one ever owns their house either?

At least personal property tax on vehicles is tax deductible if you itemize. Pure vehicle registration fees aren't. I think all states have registration fees, so it is semantics in wording between states and nothing more.

The state with $50 in registration fees and $300 in personal property doesn't "own" your vehicle in contrast to the state with $250 in registration feels and $0 personal property.

MacCool · 05-20-2013, 02:22 PM

I lease my 2011. When the lease is up in a year, I'll either buy it, lease another one, or walk away and get something else.

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05-20-2013, 02:22 PM	#3 (permalink)
MacCool A True Z Fanatic Join Date: Apr 2011 Location: Midwest Posts: 1,349 Drives: 370Z PW 2014 Rep Power: 18	I lease my 2011. When the lease is up in a year, I'll either buy it, lease another one, or walk away and get something else.