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connecticut personal property tax cars Connecticut tax collection rate country state highest 2nd taxes income per placed ranking foundation annual based second states local

Greetings fellow money-savvy car enthusiasts! Are you curious about the personal property tax in Connecticut for leased cars? Well, hold onto your seats because we've got some juicy information for you.

First up, we have a lovely image of a car with the caption:

Behold! The epitome of Connecticut taxation woes.

picture of car

Now, let's dive into the nitty-gritty of the Connecticut personal property tax on leased cars:

Holy cow, folks, this tax is no joke. The tax is based on the assessed value of the car, and the rate varies depending on the town you live in. Basically, you're at the mercy of where your leased car is registered. Our condolences to those of you living in high-tax towns.

But wait, there's more! If you thought the property tax was bad enough, Connecticut also has a sales tax on cars. Our next image perfectly sums up how we feel about this:

Presenting our visual depiction of Connecticut car sales tax:

We feel your pain, folks. We really do. To make matters worse, the sales tax rate on cars is a whopping 6.35%. Oof.

picture of car

Now, onto the recipe for surviving these taxes:

Ingredients:

  • A solid budget plan
  • Good negotiation skills
  • Patience
  • A desire to save money

Instructions:

  1. First things first, establish a budget. Take into account all of the expenses that come with leasing or buying a car, including the property tax and sales tax.
  2. Shop around and negotiate with the dealer to get the best deal possible. Remember, you have the power to walk away from a bad deal.
  3. Consider getting a used car. Not only will it save you money upfront, but the property tax and sales tax will be lower as well.
  4. Lastly, be patient. Saving money takes time and effort, but it will pay off in the long run.

And there you have it, folks. The not-so-funny truth about Connecticut car taxes, spiced up with a touch of humor. Drive on, my money-savvy friends.

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