Connecticut CT Registration / Vehicle Property Tax - Be aware or Beware!

[Redfish]

Well, it’s been almost a year since my last post on this topic. I’ve done a lot of leg work, but not much progress.

I’ll start with the most promising item first. My state rep is willing to put forth a bill this year for composite cars to be eligible for classic plates. Due to the short session last year, he was unable to do so then.

He suggests that if the bill gains traction, our group of likeminded enthusiasts should testify in support of the bill. More to come once the bill is proposed, but once a bill number is assigned, it would be helpful to reach out to your reps and senators.

I’ve participated in the CTCC meetings almost monthly. Good bunch of people. They sent a letter to DMV, trying to engage them, however have not received a response.

I personally reached out to DMV and held a session with their legal team. Although they were courteous and heard me out, they didn’t feel there is a path for classic plates for composite vehicles under the exists regs.

I know a few other CT guys who went through inspection and registration this past year. NONE received classic plates.

So, unless there’s a change in the statutes, I would continue to be exposed, and others are as well. Keep in mind, from 2004 to 2018, this was not an issue for me either.

One possible glimmer of hope is that for 2024, CT is moving from a ‘market based’ assessment to an ‘MSRP-based’ with a depreciation schedule. This should provide a more predictable assessment, and MSRP should be based off our kit purchase price, but who knows what Middletown will try to use as the base.

Finally, here’s something…come July, I’ll have ‘saved’ over $4500 in taxes over the past 3 years…roughly half the cost of my kit, 20 years ago.

[PDUB]

Good work! Here's hoping you can win the race with the scumbag in the tax office, Red!