Has anybody considered getting antique plates for their older Cruiser? The reason I'm considering it now is because I got my property tax bill for Durham County and they've changed the assessed value on my Cruiser this year. Last year it was assessed at $560, so that's all I had to pay taxes on. This year, it was assessed at $9,000. It seems Durham County is re-valuing older vehicles based on the premise that if it's that old, and you're still driving it, it must be a classic, and therefore worth more money.
I was told by someone in the tax department at Durham County that I can appeal the value by taking pics and spelling out why it shouldn't be valued that high, or I can register it as an "antique" and then, by statute, it can't be valued at more than $500, which seems odd to me, but she sent me the documentation. Only problem is, in order for it to be considered an "antique automobile" for tax purposes, it must satisfy all of these conditions:
1. It has to be registered with the DMV and have an historic vehicle special license plate.
2. It is maintained primarily for use in exhibitions, club activities, parades, and other public interest functions.
3. It is used only occasionally for other purposes.
4. It is owned by an indivitual.
5. It is used by the owner for a purpose other than the production of income and is not used in connection with a business.
Now, my Cruiser is not my daily driver, so I could certainly argue that it is used only "occasionally" for purposes other than those in #2 above. Of course, "occasionally" seems open for interpretation, and difficult/impractical to enforce. On the one hand, I think it'd be kinda cool to have antique plates, but I don't really like the thought of anybody limiting my use of my Cruiser for any purpose I wanna use it for, even if it's unlikely that it would be enforced strictly.
What are your thoughts?
I was told by someone in the tax department at Durham County that I can appeal the value by taking pics and spelling out why it shouldn't be valued that high, or I can register it as an "antique" and then, by statute, it can't be valued at more than $500, which seems odd to me, but she sent me the documentation. Only problem is, in order for it to be considered an "antique automobile" for tax purposes, it must satisfy all of these conditions:
1. It has to be registered with the DMV and have an historic vehicle special license plate.
2. It is maintained primarily for use in exhibitions, club activities, parades, and other public interest functions.
3. It is used only occasionally for other purposes.
4. It is owned by an indivitual.
5. It is used by the owner for a purpose other than the production of income and is not used in connection with a business.
Now, my Cruiser is not my daily driver, so I could certainly argue that it is used only "occasionally" for purposes other than those in #2 above. Of course, "occasionally" seems open for interpretation, and difficult/impractical to enforce. On the one hand, I think it'd be kinda cool to have antique plates, but I don't really like the thought of anybody limiting my use of my Cruiser for any purpose I wanna use it for, even if it's unlikely that it would be enforced strictly.
What are your thoughts?


