Nissan 370Z Forum  

does insurance pay tax on totaled car?

Originally Posted by Pharmacist Yes, that's the thing. I was wondering if anyone here had experience with totaled cars and whether they were compensated for sales tax. I already faxed

Go Back   Nissan 370Z Forum > Nissan 370Z General Area > Nissan 370Z General Discussions


Reply
 
LinkBack Thread Tools Display Modes
Old 12-15-2011, 01:27 PM   #1 (permalink)
A True Z Fanatic
 
Red__Zed's Avatar
 
Join Date: Jul 2010
Location: window seat
Posts: 28,940
Drives: Mostly on two wheels
Rep Power: 121
Red__Zed has a reputation beyond reputeRed__Zed has a reputation beyond reputeRed__Zed has a reputation beyond reputeRed__Zed has a reputation beyond reputeRed__Zed has a reputation beyond reputeRed__Zed has a reputation beyond reputeRed__Zed has a reputation beyond reputeRed__Zed has a reputation beyond reputeRed__Zed has a reputation beyond reputeRed__Zed has a reputation beyond reputeRed__Zed has a reputation beyond repute
Default

Quote:
Originally Posted by Pharmacist View Post
Yes, that's the thing. I was wondering if anyone here had experience with totaled cars and whether they were compensated for sales tax. I already faxed the bill of sale to the insurance company, and still waiting for them to respond.

Honestly, I think the greedy government is double dipping. They already taxed the cars once when they were new. They should not be taxing them again when sold used. really, if a car was sold 10 times, with each time the government getting a 13% tax revenue (assuming no depreciation), that means the government earned on that car 130% of the car's value as tax!!!!
Bolded part is key
Red__Zed is offline   Reply With Quote
Reply

Bookmarks


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
yet another Z totaled (never thought I'd say it) Pharmacist Nissan 370Z General Discussions 77 06-25-2014 10:55 AM
Another z totaled but this one is mine!!!! SOLRAC Nissan 370Z General Discussions 47 05-07-2011 01:11 AM
Totaled the Z today Sundown Nissan 370Z General Discussions 197 03-03-2011 08:07 AM
Totaled my Z... fairladyZ34 Nissan 370Z General Discussions 85 10-14-2010 12:47 AM
My Z06 just got totaled. :( Crash Other Vehicles 76 01-10-2010 02:25 PM


All times are GMT -5. The time now is 06:15 PM.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
Search Engine Optimization by vBSEO 3.6.0 PL2