07-21-2022, 11:09 AM
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CC Member
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Join Date: Feb 2014
Location: White City,
SK
Cobra Make, Engine: West Coast, 460 CID
Posts: 2,908
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Not Ranked
Quote:
Originally Posted by twobjshelbys
Every state I've ever lived in has charged some kind of tax on a vehicle to register it. Sales tax is once at time of purchase based on purchase price. The registration tax - excise tax, property tax, etc - is on the bill every year. So far, South Dakota, Iowa, Arizona, Colorado, Massachusetts, Nevada all have a registration tax. In Colorado and Nevada for the ones I can remember the amount goes down every year until it reaches a minimum. Our Honda CRV hit the min a couple of years ago and will cost me $189 to renew the plates later this month broken down as follows:
Reg: 33.00 (the plates, not tax deductible)
Gov: 125.00 (tax deductible)
Supl gov svcs tax: 31.00 (tax deductible)
There are some states that don't have such a tax but they're in the minority.
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Annual registration fee here is $68 CAD (~$53 USD). Not tax deductible on vehicles for personal use. Same fee for the Cobra as our daily drivers.
No annual taxes on the vehicles.
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Brian
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