ferrari/property tax

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  • Let me get that red Ferrari. 
  • The average price for that car is $280,000 without property tax.
  • So what exactly is property tax?
  • Well its basically a tax on things that you own. For example, your house has a property tax.
  • So if you buy this car then you will have a property tax.
  • How much does property tax cost?
  • It depends on what you buy but it is always 1.78% of your total purchase. Also there are both summer and winter taxes.
  • One more question, where does this money go?
  • Well it goes towards public services like local schools.
  • No, but thanks for answering all of my questions on the car and property taxes.
  • So are you still interested in the car?
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