HummerJim
11-14-2010, 02:31 PM
In the rural county in Missouri I live in I was shocked when the personal property taxes (PPT) on my H2 came in the mail (after the election of course) and had gone up from what they were last year, even though it was a year older. PPT has always gone down on my vehicles as they aged, even old classics like a '65 Corvette only run 30 dollars a year in PPT, while new vehicles are obviously taxed the highest.
Thinking it was an error, I called the county assessors office and they said that they had been getting calls from H2 owners. They use sales for "comparable H2s" as their basis for taxation and sale prices for comparable mileage, condition and model year H2s went up over the last year for the sales they recorded on 136 H2s sold in the Missouri data base during 2010, so the tax did also. He said this 136 number also includes H2s sold to dealers at auction in Missouri. So two things are official now, our H2s are gaining in value, and county governements have found new ways to generate more taxes.
Thinking it was an error, I called the county assessors office and they said that they had been getting calls from H2 owners. They use sales for "comparable H2s" as their basis for taxation and sale prices for comparable mileage, condition and model year H2s went up over the last year for the sales they recorded on 136 H2s sold in the Missouri data base during 2010, so the tax did also. He said this 136 number also includes H2s sold to dealers at auction in Missouri. So two things are official now, our H2s are gaining in value, and county governements have found new ways to generate more taxes.