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Fair Market Value

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Old 09-12-2004, 05:08 PM
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jeeper31
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Question Fair Market Value

Anybody know how the DMV determines the "Fair market Value" of a car?
Old 09-12-2004, 05:22 PM
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Macfreak007
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They have their own little black book of car values, its based on KBB or any of the other listings. The crappy thing is that once a car reaches a certain age, they must use the classica car listings for it which are significantly more, that is what happended to me last time I paied tax on a 944...
Old 09-12-2004, 05:35 PM
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Originally Posted by Macfreak007
They have their own little black book of car values, its based on KBB or any of the other listings. The crappy thing is that once a car reaches a certain age, they must use the classica car listings for it which are significantly more, that is what happended to me last time I paied tax on a 944...
will DMV tell you if you call them?
Old 09-12-2004, 06:38 PM
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Serge944
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Hmm, all i know is i didnt pay **** when the horrible CA car tax was going on. Pink slip said $50 bucks
Old 09-12-2004, 09:55 PM
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DMV said If i bought car below fair market value then the seller has to fill out a form. Just want to register car and be done but want to know what the value is.
Old 09-13-2004, 10:31 AM
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