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Old 07-13-2010, 01:06 PM   #9 (permalink)
billydsz
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Join Date: Aug 2009
Location: New Bern
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Drives: 9 370z SptCp SRd 7AT
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NC has a yearly personal property tax on autos (in fact all personal property is theoretically taxable, although not really enforced except for cars and boats) based on their resale value. I think I paid in the neighborhood of $500 last year when my 370z was new. It will drop each year. I have a '92 Explorer sport that I paid $27 for this year.

It sucks but NC state income tax is pretty low, so they nickel and dime you to make up the difference. I agree that the tax should be based on emission quality instead of year and value, that's a great idea imo.

Last edited by billydsz; 07-13-2010 at 01:08 PM.
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