No being cynical - they wanted more when I purchased the Morgan 33, claiming the book value was twice the amount I paid. This, even when confronted with the bill of sale, survey results, and survey estimated value. After an hour, talking with several people in the Boating Services Department, finally got them to accept my documentation. I guess it's all in who you have to deal with. And, yes, it's just another way of taking money out of your pocket and placing it in the state coffers. Taxes, fees, they're all the same thing.