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Reply to "DC DMV - Fair Market Value for a car and taxed by DC?"
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[quote=Anonymous]I had this happen when I bought a used Vespa a long time ago in DC. Paid $2K for it with a bill of sale and DC DMV said it was worth $2.4K per their database. Basically, you're screwed. They do this to avoid less-than-arms-length deals between friends and family to transfer a vehicle. [/quote]
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