Go Back   iRV2 Forums > iRV2.com COMMUNITY FORUMS > iRV2.com General Discussion
Click Here to Login
Join iRV2 Today

Mission Statement: Supporting thoughtful exchange of knowledge, values and experience among RV enthusiasts.
Reply
  This discussion is proudly sponsored by:
Please support our sponsors and let them know you heard about their products on iRV2
 
Thread Tools Search this Thread Display Modes
 
Old 09-15-2008, 12:06 PM   #1
Senior Member
 
tmar10's Avatar
 
Fleetwood Owners Club
Appalachian Campers
Ford Super Duty Owner
Carolina Campers
Join Date: Jan 2008
Location: Four Oaks, NC
Posts: 502
It appears I am in a catch 22 situation over the county vehicle tax on our Bounder. Last year's tax bill was based on the previous years purchase price of 92,000 but this year's notice showed only a 10% decrease in the value. The tax collector said the 10% figure based on sales info from local dealers. When I asked about the appeal process, they informed me I would have to get the motor home appraised by at least two dealers to determine the true market value. I feel certain the dealers will not give me the true market value, only their hopes and dreams.

When I see dealers moving 08s for prices less than or equal to what we paid for our unit and little or no demand for the new 09 units, it is hard to believe the value of our unit has only lost 10% of its original value during the last two years. NADA is worthless because of the low number of reported sales on the rv's and shows our unit with an average retail price greater than my purchase price over two years ago.

If anyone has any words of wisdom, I am all ears.
__________________

__________________
Thomas & Betty w/Bailey & Gypsy (our fur-bearing masters)
07 Bounder 35e (F53)
07 Nissan Frontier or 2010 FLSTC toad
tmar10 is offline   Reply With Quote
Join the #1 RV Forum Today - It's Totally Free!

iRV2.com RV Community - Are you about to start a new improvement on your RV or need some help with some maintenance? Do you need advice on what products to buy? Or maybe you can give others some advice? No matter where you fit in you'll find that iRV2 is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with other RV owners, see fewer ads, upload photographs, create an RV blog, send private messages and so much, much more!

Old 09-15-2008, 12:06 PM   #2
Senior Member
 
tmar10's Avatar
 
Fleetwood Owners Club
Appalachian Campers
Ford Super Duty Owner
Carolina Campers
Join Date: Jan 2008
Location: Four Oaks, NC
Posts: 502
It appears I am in a catch 22 situation over the county vehicle tax on our Bounder. Last year's tax bill was based on the previous years purchase price of 92,000 but this year's notice showed only a 10% decrease in the value. The tax collector said the 10% figure based on sales info from local dealers. When I asked about the appeal process, they informed me I would have to get the motor home appraised by at least two dealers to determine the true market value. I feel certain the dealers will not give me the true market value, only their hopes and dreams.

When I see dealers moving 08s for prices less than or equal to what we paid for our unit and little or no demand for the new 09 units, it is hard to believe the value of our unit has only lost 10% of its original value during the last two years. NADA is worthless because of the low number of reported sales on the rv's and shows our unit with an average retail price greater than my purchase price over two years ago.

If anyone has any words of wisdom, I am all ears.
__________________

__________________
Thomas & Betty w/Bailey & Gypsy (our fur-bearing masters)
07 Bounder 35e (F53)
07 Nissan Frontier or 2010 FLSTC toad
tmar10 is offline   Reply With Quote
Old 09-15-2008, 12:28 PM   #3
Senior Member
 
Half Dimes's Avatar


 
Florida Cooters Club
Appalachian Campers
Coastal Campers
Carolina Campers
Join Date: Sep 2003
Location: Nature Coast FL
Posts: 1,678
I wonder if they only depreciate a car or truck by that amount. I remember the old story that you lost 30% of the rig's value as soon as you pulled out of the dealer's lot.
__________________
Dave & Jo Ann
'08 HitchHiker Champagne 35LKRSB | '11 F350 Lariat 6.7PSD
Half Dimes is offline   Reply With Quote
Old 09-15-2008, 02:15 PM   #4
Moderator Emeritus
 
Gary RVRoamer's Avatar


 
Join Date: Jan 2000
Location: Silver Springs, FL. USA
Posts: 18,066
You lose about 30% of the MSRP when you take delivery of a new one. That's not necessarily 30% less than what you paid - depends on your negotiating skills.

10% less than the actual selling price is probably a reasonable depreciation for one year if you "bought it right" to begin with. Is the amount about what NADA Low Retail shows (no options)? If so, that's another indication the value is fair. If even less, you are probably ahead of the game and ought to accept the valuation as is.
__________________
Gary Brinck
Former owner of 2004 American Tradition
Home is in the Ocala Nat'l Forest near Ocala, FL
Summers in Black Mountain, NC
Gary RVRoamer is offline   Reply With Quote
Old 09-15-2008, 07:53 PM   #5
jfb
Senior Member
 
Join Date: Jul 2006
Posts: 234
Sounds like the the state is using their own blue book, NADA, etc vehicle pricing system for determining the taxing base value??
Good luck in getting the "value" changed!

WA used to to tax ALL motor vehicles at 2.2% of its blue book system. Had to be changed by the initiative process. Now MH cost around $135, toads $35.
__________________
jfb is offline   Reply With Quote
Old 09-16-2008, 11:04 AM   #6
Senior Member
 
tmar10's Avatar
 
Fleetwood Owners Club
Appalachian Campers
Ford Super Duty Owner
Carolina Campers
Join Date: Jan 2008
Location: Four Oaks, NC
Posts: 502
Hello Gary,

The county appraisal is about 6k above NADA low retail and they have a big gap between low and average retail. Based on my interactions with the tax office, they are determining the market value of our unit though discussions with the local dealers.

We did quite well during the negotiating process for our new RV and do not mind paying our fair share but local tax rates are supposed to be based on fair market value not the wishes of the local dealers who have their own agenda.
__________________
Thomas & Betty w/Bailey & Gypsy (our fur-bearing masters)
07 Bounder 35e (F53)
07 Nissan Frontier or 2010 FLSTC toad
tmar10 is offline   Reply With Quote
Old 09-16-2008, 12:13 PM   #7
Senior Member
 
RedneckExpress's Avatar
 
Vintage RV Owners Club
Join Date: Jul 2006
Location: Sauvie Island, OR
Posts: 2,353
Send a message via ICQ to RedneckExpress Send a message via AIM to RedneckExpress Send a message via MSN to RedneckExpress Send a message via Yahoo to RedneckExpress
So, if all the dealers go out of business, you have zero tax liability?
__________________
'92 Dodge W250 "Dually" Power Wagon
'74
KIT 1106 Kamper Slide-in Truck Camper
'06 Heartland Bighorn 3400RL Fifth wheel
Follow along with me in the The Journey of
RedneckExpress is offline   Reply With Quote
Old 09-16-2008, 01:30 PM   #8
Senior Member
 
tmar10's Avatar
 
Fleetwood Owners Club
Appalachian Campers
Ford Super Duty Owner
Carolina Campers
Join Date: Jan 2008
Location: Four Oaks, NC
Posts: 502
They would probably ask the traveling RV repair technician who would probably give a more accurate value.
__________________

__________________
Thomas & Betty w/Bailey & Gypsy (our fur-bearing masters)
07 Bounder 35e (F53)
07 Nissan Frontier or 2010 FLSTC toad
tmar10 is offline   Reply With Quote
Reply



Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

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 Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
April 15th-The Taxman Cometh apackof2 RV'ing Humor & Crazy but True Stories 1 04-14-2007 03:26 PM

» Virginia Campgrounds

Reviews provided by


Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -6. The time now is 03:00 PM.


Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.