It’s not a perfect solution, but it’s better than nothing. If you try and go for perfection, nothing will ever happen.
In your scenario you could easily just have a process to appeal the appraisal, showing it only cost that amount. Rich people wouldn’t spend the time to do that, but these hypothetical poor people with fancy cars they repaired themselves would.
Hypothetical poor people? You think people don’t repair their own cars?
People can’t afford to defend themselves in courts now. So, now you’re saying they also have to deal with an appeals process? So, not only is a vehicle value approach short-sighted its also onerous.
It’s not a perfect solution, but it’s better than nothing. If you try and go for perfection, nothing will ever happen.
In your scenario you could easily just have a process to appeal the appraisal, showing it only cost that amount. Rich people wouldn’t spend the time to do that, but these hypothetical poor people with fancy cars they repaired themselves would.
Hypothetical poor people? You think people don’t repair their own cars?
People can’t afford to defend themselves in courts now. So, now you’re saying they also have to deal with an appeals process? So, not only is a vehicle value approach short-sighted its also onerous.