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How do they calculate tax in michigan?

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Old 08-21-2002 | 09:09 PM
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Rodrigues's Avatar
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From: Bloomfield Hills MI
Post How do they calculate tax in michigan?

I bought a 1995 camaro z28 fully loaded with some other mods my question is, the seller left the title blank for selling price and that stuff. How do they determine tax at registration, by selling price or KBB?
Old 08-21-2002 | 09:10 PM
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From: Battle Creek, MI
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they figure it by the price entered on the title. Keep in mind, if you mark it TOO low, they will then look for you to haev a receipt, or they may wish to go fair market value. Most times, they just don't care (the counter clerks, that is)
Old 08-21-2002 | 09:57 PM
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2,000 too low?
Old 08-21-2002 | 10:35 PM
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From: romulus,mi
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$2000 is fine, they dont ask questions!
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