1540 WADK.com Updates

A state commission has heard from people who want to change Rhode Island's system for valuing automobiles for taxation, saying the present method overestimates what vehicles really are worth.

It's an issue that both Gov.-elect Gina Raimondo and Providence Mayor-elect Jorge Elorza also said during their campaigns they would like to see some action on.

One witness, Rob Cote, told the Vehicle Value Commission on Friday that he would like to see cars assessed by their average trade-in value, not their clean retail value. Cote, a longtime advocate for changing the method, said there's a big difference in those numbers.

Commission members said action would have to come from the legislature and they would like to meet with Raimondo.




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