Is there anyway around this???

[Tbornetun]

It does apply to each filer's own vehicle. We are lucky that we each had one vehicle titled/registered in our names, otherwise we would be out of luck. The exemption cannot be combined on one vehicle.

We have been allowed to use both filers vehicle exemptions on one vehicle many many many times. Joint filers, $6000 car, each uses $3000 of their vehicle exemption to exempt the vehicle. They are jointly owned assets so each of their portion would be $3000.

[StartingOver08]

Depends upon what your district requires. In Tenn they use Black Book value less 30%. However, in my district, S. FL, we have to use NADA RETAIL value, excellent condition (even if your vehicle is not excellent) (Talk about an impossible number!) So find out what your district uses so you can work with those figures. Your attorney will know which valuation your district uses.

(had to change it from kbb to nada - I forgot already!)

[welovedis]

We have been allowed to use both filers vehicle exemptions on one vehicle many many many times. Joint filers, $6000 car, each uses $3000 of their vehicle exemption to exempt the vehicle. They are jointly owned assets so each of their portion would be $3000.

Sorry, I'm referring to NY State, where I am located. This is what the attorney advised us and the BKT reiterated during a 341 hearing before ours when a couple was trying to exempt $4800 on 1 vehicle. It isn't allowed in our state to the best of my knowledge.

Since the poster is in the same state I am I assumed that info would be the same for them.

[vicmost]

I wish I could use black book value, most people have never even heard of it, my payment would be like nothing if I used that value for the cram.

What is "black book value"? I work at a dealership and we subscribed to a kbb service. The values that we get are signifantly different than what is on line. We call the on line version "The Kelly Wish Book".

Incedently we usually give a couple of grand back of book to allow for reconditioning costs.