Hey Bob,
I have historic tags here in KY and all my cars skyrocketed to the insured
values in 2008 which is higher than the actual price I could sell my cars for.
I wanted them insured for more because it will take forever to find suitable
replacements and I know the repairs will run much higher than the car values.
Bummer....
Scott Willis
Mashed 60 BN7 AH Club USA
59 MGA
66 E-Type FHC
http://www.bgeuroclassics.org
BG Euro Classics Car Club President
Bowling Green, KY
----------------------------------------
> Date: Sun, 15 Mar 2009 13:59:02 -0400
> From: bjsbj8@gmail.com
> To: healey@salisbury.net
> CC: healeys@autox.team.net
> Subject: Re: [Healeys] Fw: Registration fees
>
> And if you don't have a historic tag, they assess the value based on
> someones idea of market value. Since I did not know about this treatment
for
> historic vehicles, my Healey is assessed at about $15,000 in Lincoln
county.
> Think maybe I'll spring for the historic tag next time.
>
>
> BTW, when I lived in VA, their structure was once a vehicle is 25 years (I
> think) old, it has no value for tax purposes. Cannot imagine how that
> legislation got through, but I never complained about it.
>
>
> Bob Johnson
> BJ8
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