Saturday, December 24, 2011

In Massachusetts do you have to pay for excise tax on a leased car? and is there a tax break on luxury cars?

How is the excise amount determined, I understand it is $25 per $1000, but is based on the bluebook value of the car or on how much you owe?|||It is determined on blue book value of the vehicle. If you wholly own your car you still have to pay excise tax. After all, just because you finished paying for it does not mean that it no longer uses town roads.





I doubt there is a tax break on luxury cars. It is like property taxes on a house. You are assessed according to the value. To give you a break constitues an unfair practice under the laws of the Commonwealth of Massachusetts.

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