Yeah. I’m in KY. My relatives are in Illinois.
The $10,000 thing is interesting, though. It reminds me of the AMT (adjusted minimum tax) It is based on a dollar amount. Unfortunately that dollar amount in 2019 dollars is puny compared to what it was when the AMT was started.
Fortunately for me, though I always buy my cars new, when I trade them in they’ve been rode hard and put away wet. Every single car I’ve traded in was for $500.
I live on the KY/TN/VA border and lots of KY residents trade and tag their vehicles in TN because of KY’s outrageous taxes and fees. In KY you pay sales tax on the sticker, not what you actually paid for the vehicle. If the sticker says $40,000 and you only paid $35000 tough you get to pay an extra 6% on that $5K, you have to present the sticker when tagging the vehicle. Years ago I had a clerk argue with me about the sticker I presented. It was from the window and was the manufacturer with the MSRP. Oh no she declared I want the one with the dealer add-ons. I said this is the one they gave me and what I paid for it. We went back and forth and she finally tagged it, greedy battle axe! Then you get the joy of paying property taxes on it every year in addition to taxes for tagging it for another year. About ten years ago I had an 06 Grand Marquis that went UP in value according to the state of KY. I said have you people finally reached full blown insanity? If you will show me someone willing to pay this I will gladly sell it to them! A freaking Grand Marquis going up in value, two years in a row! On top of that you get to pay outrageous insurance rates.
I now have a lake house in TN which I own with my mother-in-law so I tag my vehicles in TN and insure them there as well and have a TN license. I pay approximately $2600 to insure them, 3 full coverage, 1 liability, no tickets or accidents. In KY it would be about $5200 a year. To tag them in TN $315, in KY I would pay that in taxes for just one of the cars alone! We stay at the lake house two thirds of the time and can’t justify the outrageous KY taxes and insurance rates. I know many people who outright just give the TN address of a relative rather than get hammered by KY.