Yep.. anything older than 20 years was always tax on the highest, bill of sale OR appraisal. They have now added OR your insured replacement value! So in years past you'd get a bill of sale for 5 grand on the 20 grand car you just bought. The local MTO here tells you what body shop will do an appraisal for you "and just tell him what you want on it and we'll take his certified appraisal as gospel". Now they've added the insured replacement value to the mix.. so if your initial registration is for a "Fit vehicle" you have to show proof of insurance to get that and your plates. They also now have pretty easy access it would seem to look up that you had Hagerty put 45 grand insurance on it and come looking for you for tax on that amount. I may have my tinfoil hat on, but wasn't taking my chances on the '66 HP2. Check Hagerty for valuation on a #1 car.... :eek: