QRTRHRS
Elite Member
Kentucky is not too bad for license fees but they do have a advalorem tax.
"The Motor Vehicle Property Tax is a constitutional advalorem (in proportion to the value) tax levied on personal property."
I don't have the numbers in front of me right now but I just renewed my wife's 04 Caddy CTS. If I recall correctly, the county valued it at around 11,500. Total was 194.62. My 92' F150 cost me 25.00 to renew but has no tax basis any more.
Farm tags are 31.00 and trailer plates which are not manditory run 27.00.
States need to get their money one way or the other. You need to consider your regular income, any pension or SS, taxes on that income, sales tax, property tax, etc., etc.
"The Motor Vehicle Property Tax is a constitutional advalorem (in proportion to the value) tax levied on personal property."
I don't have the numbers in front of me right now but I just renewed my wife's 04 Caddy CTS. If I recall correctly, the county valued it at around 11,500. Total was 194.62. My 92' F150 cost me 25.00 to renew but has no tax basis any more.
Farm tags are 31.00 and trailer plates which are not manditory run 27.00.
States need to get their money one way or the other. You need to consider your regular income, any pension or SS, taxes on that income, sales tax, property tax, etc., etc.