Taxes on used motorcycle | Page 3 | GTAMotorcycle.com

Taxes on used motorcycle

MTO only follows book for a certain year range. I'm hoping that my 02 stang falls outside of that range when I register in the spring, as I legitimately bought it dirt cheap because the p.o. spun it in the rain and it instantly became a 'project'. If they try to tax me on market value of a convertible gt, it will probably cost more than what I paid for the car.

That's where a legitimate appraisal last fall (which costs less than a couple hundred $) could have helped you out.
 
MTO only follows book for a certain year range. I'm hoping that my 02 stang falls outside of that range when I register in the spring,

Pretty sure the book values go back to the 90's, if not older.
 
Most vehicles I've sold have been "as is" or "needs repair"

I've traded vehicles for coffees (1.52 on the receipt)... including a 60K car.

Never an issue... I've had to answer a couple questions, but nothing serious.

Not sure if serious.....
 

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