They can provide the loss mitigation advantages by mandating the vehicle be registered every time it changes hands. Buy a car? You go to the DMV to transfer the title anyway, just update the ownership registration right there. Pay $10-15 for 10 minutes of Shaneequa's valuable time and a half second of her baby daddy's time stamping the plate at the state pen and you're good to go. Car is registered until it changes hands again.
They can require you to have insurance on the vehicle VIN, and a cop can easily check that.
The only reason to do it yearly is to extract recurring sales tax on the same purchase.
You just described exactly how it is done in Maryland except we renew the year sticker every two years and that the vehicle must pass a roadworthy inspection the first time you register it.
It's more like $100 every year here on an old beater. It scales with value so it can easily be several hundred a year on a new car. $15 is much more reasonable, although given how much we already pay in every fucking kind of tax I really hate profit generating "service fees" in general, even if they're only milking me for $15.
They can provide the loss mitigation advantages by mandating the vehicle be registered every time it changes hands. Buy a car? You go to the DMV to transfer the title anyway, just update the ownership registration right there. Pay $10-15 for 10 minutes of Shaneequa's valuable time and a half second of her baby daddy's time stamping the plate at the state pen and you're good to go. Car is registered until it changes hands again.
They can require you to have insurance on the vehicle VIN, and a cop can easily check that.
The only reason to do it yearly is to extract recurring sales tax on the same purchase.
You just described exactly how it is done in Maryland except we renew the year sticker every two years and that the vehicle must pass a roadworthy inspection the first time you register it.
And you're happy to keep paying the same tax over and over and over for no benefit whatsoever.
I think I pay $15 for the sticker renewal
It's more like $100 every year here on an old beater. It scales with value so it can easily be several hundred a year on a new car. $15 is much more reasonable, although given how much we already pay in every fucking kind of tax I really hate profit generating "service fees" in general, even if they're only milking me for $15.