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[-] Zomg@lemmy.world 1 points 7 months ago

Based on current value, or value at time of sale though?

If current value, who determines that value?

[-] d00ery@lemmy.world 1 points 7 months ago

In the UK we have https://www.parkers.co.uk/car-valuation/select-manufacturer/

In the USA I think there's an equivalent.

[-] Corkyskog@sh.itjust.works 0 points 7 months ago* (last edited 7 months ago)

A data analyst could easily compile average prices from the top 10 online car marketplaces, or whatever lawmakers want to set as the baseline. More likely they would just use blue book and maybe weigh it against the market area.

[-] JamesTBagg@lemmy.world 1 points 7 months ago

But that's ignoring certain aspects. If some blue collar fella had spent his free time and money fixing his dad's old Camaro, a car dad bought for 4,000. Now it's still well maintained, numbers matching, original paint, etc. now it's worth 30,000, 40,000 maybe.
Then we have some other c-suite exec in a Tesla of similar market value.

Parking fines based on vehicle value is going to penalize one person much more than the other. Fines should be based on income or total net worth, not the value of a particular piece of property.

That was difficult to type with sticky BBQ fingers.

this post was submitted on 19 Dec 2024
205 points (93.2% liked)

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