Quote:
Originally Posted by roldan
Does it factor in options? I don't think the RMV/state knows about options - I think they just use the base price for the model.
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Not sure how they come up with the value......It's based on $25/$1000 of value. Car is worth $10K? Excise tax is $250 bucks. For some reason they typically grossly devalue the car (good thing) especially after the first year. It was only like $200 for my Porsche when it was 3 years old.