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Old 03-13-2019, 04:42 PM  
mystery
Guru
 
City: Z
Country: USA
Vessel Model: Beneteau Swift Trawler 44
Join Date: Mar 2017
Posts: 665
Let me give you an example. Someone gives you a boat for free that is not directly related by blood. The boat is worth $50,000 per blue book. Even though you paid $0, most states will assess sales or use tax on it based on it's bluebook value unless you can show it's worth less (i.e. bad condition) during the initial registration. Same goes for autos.
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