How do we figure that out? I know it has to do with the mill rate and the price of the car and what not. Can anybody help!? I never owned a car before that I had to pay taxes on.

 

multiply your town's mill rate by the car's blue book value. that tells you how much you have to pay every year. Not sure how Milford's mill rate compares to Middletown, but i;m figuring abot $1000 for this year.

 

HOLY CRAP! What the heck is our blue book value?! I tried kelly bluebook but they dont have it listed.

Looks like I got more research to do!

If you get a blue book value on our car pls. tell me! Thanks Frank. Hay how is your baby holding up?

Oh yea and when should I see the bill in the mail?

 

http://www.opm.state.ct.us/igp/DATARESC/mill9899.htm

HOLY CHRIST!

 

what the hell is a mill rate???

 

Click the link. But if your to tired to move the mouse here it is:

A mill is equal to $1.00 of tax for each $1,000 of assessment. To calculate the property tax multiple the assessment of the property by the mill rate and then divide by 1,000. For example, a property with an assessed value of $50,000 located in a municipality with a mill rate of 20 mills would have a property tax bill of $1,000.00 per year.

 

And you pay property tax on the car as well?
I'm so glad I'm not living in that state.

 

Holy crap! Here I am thinking about moving to Middletown, and they're going to charge me $1,000 just to own an S2K!!?? What's up with that?

zeesh...

 

Actually the mill rate for middletown is only 20% Milford is 31.06!!!! Which works out to be 931 dollars for my car valued at 30,000 dollars.

Anybody have the blue book value for our car!?

So frank will only pay like 650 for his car at most!

 

Well they valued my car at Gross: 22,400 and Net: 16,800 my taxes for the year were 518.95!

No where near what I thought I would get hit with.