I'll be moving to K.C., Missouri in a few months and was wondering if anyone knows if MO charges taxes when you register an out of state vehicle? I know some states do, some don't. Those that do, some charge based on the value you state the vehicle is worth (i.e. $7.50) or what the bluebook value of the car is.
I registered one car in CA and stated its true value, not realizing that they charge tax (their term is "road usage fee") on a car I've already paid tax on once before. It's amazing that the road usage fee is the same percentage as the tax... My friends laughed at me for not simply putting down $300 or some rediculously low value and avoid all the taxes. But I know some states will just apply the bluebook value and charge taxes based on that, regardless of what you tell them it's worth. If anyone knows, I might save myself the trouble and sell my car here and buy another when I get there, I don't feel like paying another 9% in taxes I've already paid.
TIA
I registered one car in CA and stated its true value, not realizing that they charge tax (their term is "road usage fee") on a car I've already paid tax on once before. It's amazing that the road usage fee is the same percentage as the tax... My friends laughed at me for not simply putting down $300 or some rediculously low value and avoid all the taxes. But I know some states will just apply the bluebook value and charge taxes based on that, regardless of what you tell them it's worth. If anyone knows, I might save myself the trouble and sell my car here and buy another when I get there, I don't feel like paying another 9% in taxes I've already paid.
TIA