If you are or ever going to buy a car in Va. read this

Texas charges 80% of what they think is the Fair Market Value minimum. If you buy the car for $500 and the state thinks it is worth $5000 you will be assessed taxes on $4000. The only caveat is that if you get a person with a automotive reseller license to appraise the car, you can use that, but you usually have to pay for the appraisal which is often close to the difference in taxes.