I'm a firm believer in Federalism so I don't really have an issue with this because I don't live in Oregon.
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I'm still not sure what the actual purpose of the law is, whether it's to try and increase the revenues of the state by discouraging people from owning vehicles with lower taxable value, to stimulate the market for new or newer vehicles, to try and keep more polluting and more unsafe vehicles off the road, or some other reason I haven't considered.
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But Oregon isn't a dictatorship, after all, and if the people of the Great State of Oregon want to inflict this kind of punishment on themselves, then so be it (see also: California.)
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The thing about these kinds of laws is that they always - ALWAYS - have unintended consequences. I would imagine that one of the unintended consequences of this law would be that vehicles that were registered at 19 years (and thus "good" until they are 24 years old) would then be taken out of state to be sold, which would mean you could probably get a pretty good bargain on a vehicle that is 19 - 24 years old in ID, WA, NV or CA by buying it from an OR resident who doesn't want to pay the registration penalty.
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Conversely, vehicles that are in the 15 - 19 year range would probably see a boost in value since they are under the threshold for the punitive registration. Sellers of new or new-er cars might see a boost in sales as people dump their older vehicles to get newer ones, but I'm not sure that is necessarily a boon to the economy, since people who have to spend money on a more expensive car payment are likely to have less $$ in their pocket to buy other things, so while one sector of the economy might be bolstered, another would see a loss.
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Finally, as in California, I would expect to see a lot more "registration fraud", i.e. people getting a mailing address in a nearby state so they can register it there and continue to drive without incurring the penalty.
and Portland area ...so not a gain there . This law will not pass, however if you look at DMV laws in California, Oregon and Washington and there history's , this could be a trial balloon to see what response it might have. California usually takes the helm first then followed by Washington then finally Orregon. Will be interesting to watch. The left as some call them, have a a penchant for getting rid of old vehicles that pollute more then there dream electric car society. Remember the ( cash for clunkers ) $4000 for old vehicles to get you to buy new. Yes it helped the auto industry that the government bailed out !!! But it also got rid of a lot of polluters . Those cars and trucks were all destroyed. So you have to watch the bouncing ball to see what the real gain is ! But in the end those who need these cars ultimately pay the heaviest price as older cars are what they can afford. People like me who just love older rigs are going to pay whatever is charged. It is a very unfair society we live in for all involved in these idiotic laws that serve no real purpose.
