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Old 02-02-2017, 05:59 AM   #11
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NY state safety inspection $10.00 in ny trailers have to be inspected every year just like cars.
Michigan has a lot of money grabbing ways but at least not those two.
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Old 02-03-2017, 01:08 AM   #12
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Thank God Michigan does not screw us with inspections, but they do screw us with a $200 trailer license plate.
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Old 02-03-2017, 04:52 AM   #13
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The two things that don't depreciate are:

1. Land

2. Houses (as long as maintained)

All licensed vehicles depreciate....until they become 'antique'.

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Old 02-03-2017, 07:07 AM   #14
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Thank God Michigan does not screw us with inspections, but they do screw us with a $200 trailer license plate.
Yes, they just started turning the screws more this year with the useless gas tax and exorbitant registration increases! And of course the insurance company robberies with the shameful MCCA fee ($150) they attach to our insurance bills on each vehicle. We all pay for bad drivers.
"In the state of Michigan your medical benefits are unlimited if you're injured in an auto accident and the MCCA makes sure that insurance companies don't have to pay more than $545,000 of the damages. The MCCA fee is the portion that you pay per vehicle to keep this association going."
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Old 02-03-2017, 07:08 AM   #15
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The two things that don't depreciate are:

1. Land

2. Houses (as long as maintained)

All licensed vehicles depreciate....until they become 'antique'.

Sorry Eagle, I beg to disagree. That is old school thinking. We have seen that even those are subject to huge depreciation depending on the economic climate.
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Old 02-03-2017, 09:19 AM   #16
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The two things that don't depreciate are:

1. Land

2. Houses (as long as maintained)

All licensed vehicles depreciate....until they become 'antique'.

Wow Eagle, you must not have lived through the past 7 years. Houses and land both depreciated more the 30%. Yes they are coming back but the point is that they dropped big time, and will probably drop again if we go back to the same old liar loan, flip mania of earlier years.
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Old 02-03-2017, 09:53 AM   #17
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Wow Eagle, you must not have lived through the past 7 years. Houses and land both depreciated more the 30%. Yes they are coming back but the point is that they dropped big time, and will probably drop again if we go back to the same old liar loan, flip mania of earlier years.
Actually I think it was 2005 when I first noticed the bubble bursting. And land seems to be coming down in price too depending on the location.
But foreclosures have dropped way off since lenders stopped screwing around.
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Old 02-03-2017, 02:13 PM   #18
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I know/met people that paid less than $5 an acre for quality farm land after the dirty 30's. You will never buy farm land that cheap again...unless everything goes in the toilet.
As for those high prices houses that depreciated so badly, many/most were 'over valued' to begin with IMO.
Remember, the higher the 'value' put on a house/land, the more taxes the government gets....and realtors always list well for over real market value it seems (around here anyway).

Just my opinion although others may disagree and that is fine too.
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