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car tax renewal came today

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Old 06-08-2009, 07:07 AM
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Originally Posted by gerrypd' post='904162' date='Jun 8 2009, 09:12 AM
we have property tax on vehicles here in colorado. 2.1% the 1st year and it goes down 1/2% each year. I got hit $1100 USD the 1st year on my 535.
Same here in Boston, called the excise tax. It's based on a percentage of what they estimate to be the value of the car. For my 2009 bill I owe $585 on a 2007 550i, based on an assessed value of $23,400.00.
Old 06-08-2009, 07:33 AM
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Originally Posted by BLooD' post='904081' date='Jun 8 2009, 02:57 AM
we pay a registration fee as well on new cars
We pay registration fees yearly, here in California mine runs about $250/yr (which just doubled thanks to Gov Terminator)
Old 06-08-2009, 07:51 AM
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In Texas, the following taxes (mandatory collection) are applicable:
1. Sales tax of 6.25% of sales price collected at the time your purchase (new or used)
2. Registration Fee - $67 a year
3. Emission/Inspection - $40 per year.

Got my E60 used so I was not subject to luxury tax
Old 06-08-2009, 08:13 AM
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Originally Posted by pjinca' post='904255' date='Jun 8 2009, 08:33 AM
We pay registration fees yearly, here in California mine runs about $250/yr (which just doubled thanks to Gov Terminator)
Well the Governator actually rolled back the VLF's a few years ago, but our beloved state is running out of money RAPIDLY, and any method to raise cash for the state is being employed! So yes Arnold DID sign the paperwork to effectively double our VLF's but it was only because we have NEVER been able to rein in our state;s "Out of Control" spending in the first place!
Old 06-08-2009, 08:38 AM
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Originally Posted by BLooD' post='903997' date='Jun 8 2009, 03:43 AM
i had my road fund licence (more fondly known as car tax) renewal today, ?118 for 6 months or ?215 for 12 months, just wanted to ask
do you guys in the states have any thing similar?, i know theres some thing in most parts of Europe but am curious about the us

We pay "property tax" on cars on a yearly basis in Virginia. The tax is applied against the "assessed value" of your car and is a rate of $4.57 per $100 of assessed value.
Old 06-08-2009, 09:29 AM
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Originally Posted by flyingpuck' post='904288' date='Jun 8 2009, 05:13 PM
Well the Governator actually rolled back the VLF's a few years ago, but our beloved state is running out of money RAPIDLY, and any method to raise cash for the state is being employed! So yes Arnold DID sign the paperwork to effectively double our VLF's but it was only because we have NEVER been able to rein in our state;s "Out of Control" spending in the first place!

THE GOVERNATOR!!!! ha ha i like that
Old 06-08-2009, 09:46 AM
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we have to pay yearly registration fees (which include all those like license fee, tax etc.) here in California. It's increasing lately, because i just paid about $400
Old 06-08-2009, 12:53 PM
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Originally Posted by craigm1841' post='904028' date='Jun 8 2009, 01:43 AM
...of course we also pay auto insurance. i pay about 200 US dollars per month, but i am completely covered if i am in an accident. My car will be replaced each person in my vehicle or a vehicle i hit (if it is my fault) can sue me for set amount and my inurance company will cover it. the higher the coverage, the more the monthly premium. right now i think each person in my vehicle or a vehicle i hit is covered for 75,000 USD with a maximum of a 300,000 USD payout. if they sue for more, the government can garnish wages or reposess personal property since i dont have a lot of money laying around. however, this rarely happens. usually people will settle with the insurance company for an amount equal to or less then the maximum amount i am covered for.

The auto insurance rate is based on your driving record. $2400/yr is way too much to be giving a general idea. You must have few traffic tickets/accidents etc. in your driving record to be paying that much. I pay about $850/yr (AAA) and I'm also FULLY covered with 100/300K coverage.
Old 06-08-2009, 01:09 PM
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When I was paying car tax in the UK it was a big chunk of the value of the cars I had..hahaha

We have yearly registration which I think is about 70-80$ per year for my '05, based on the age of your car a little cheaper on older cars. On a new car you pay upfront and it is valid for 4 years.
We pay sales tax here in NJ (and some other states) on even used car private sales, you can't get registration unless you prove you have paid it! So if you buy the car from ebay you still have to go to the Motor Vehicles office and pay your 7%
Insurance used to be really expensive in NJ, I'm paying 850 something a year now.
Inspections don't seem as stringent as the MOT I remember, however the emissions tests are getting tougher, they are free at the state inspections stations which is nice!
Old 06-08-2009, 01:57 PM
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Originally Posted by Brit_in_NJ' post='904577' date='Jun 8 2009, 10:09 PM
When I was paying car tax in the UK it was a big chunk of the value of the cars I had..hahaha

We have yearly registration which I think is about 70-80$ per year for my '05, based on the age of your car a little cheaper on older cars. On a new car you pay upfront and it is valid for 4 years.
We pay sales tax here in NJ (and some other states) on even used car private sales, you can't get registration unless you prove you have paid it! So if you buy the car from ebay you still have to go to the Motor Vehicles office and pay your 7%
Insurance used to be really expensive in NJ, I'm paying 850 something a year now.
Inspections don't seem as stringent as the MOT I remember, however the emissions tests are getting tougher, they are free at the state inspections stations which is nice!
just booked my mot for thursday, should be ok i hope


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