My car taxes and tag renewal are due at the end of next month. This morning, before i went to church, i was going over some of the paper work the Guilford County Tax Office had sent me. i try to keep like papers together...i don't always succeed, but i do try. Anyway, i also found the same papers they had sent me in 2014 when i purchased the car from my previous employer. At that time, the car was valued at just under $10,000, which is what i paid for it. i noticed today on my 2016 form that my car is now valued at almost $16,000!!! WTF? How can a used car appreciate almost $6,000 in two years? i always thought that the older a car got, the less its value. Hell, i've always heard that a car automatically loses half its value the day you drive it off of the lot. So, how is it possible that the car is now valued over 1.5 times what it was 2 years ago?
i just do not understand. And, of course, my tax bill is much higher than it was 2 years ago. i think that i will be taking a trip to the Guilford County Tax Office this week to see how this works. If they can give me legitimate reasons as to why my car appreciated so much in value, i will be satisfied. If it is some sort of clerical error, then screw that. They will have to fix it. The Kelly Blue Book value is only just above $10,000. i just want to know how they reached this conclusion. i ain't got time for mediocrity right now LOL Mistakes happen and this better be one. We shall see. GRRRRRRRR
If you have any answers or helpful info...i welcome it!
Cheers
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