South Carolina car tagging question
12-10-2015, 04:16 PM
#1
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St. Jude Donor '10
South Carolina car tagging question
So I'm about to move to Myrtle and thinking about a new car.
Did I read correctly that the most sales tax you pay on a used car is up to $300?
In Florida, we have to pay regular sales tax rate on the entire purchase price.
Did I read correctly that the most sales tax you pay on a used car is up to $300?
In Florida, we have to pay regular sales tax rate on the entire purchase price.
12-10-2015, 06:51 PM
#2
Instructor
I know my truck I bought in 2013 (new ram) I have not paid less than 300. It started out at 356 I think and is around 32x right now. But as the used cars go. My Camaro was super cheap like 50 or so dollars for a year
I used to live in myrtle beach and was just there yesterday transferring my c5z in my name.
I used to live in myrtle beach and was just there yesterday transferring my c5z in my name.
Last edited by scott5; 12-10-2015 at 06:52 PM.
12-10-2015, 09:46 PM
#3
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St. Jude Donor '10
Sorry I was referring to a purchase, not annual tagging. Poorly worded by me.
http://www.scdmvonline.com/DMVNew/de...?n=titleandreg
That link calls it casual sales tax, just trying to understand as its way different than FL
http://www.scdmvonline.com/DMVNew/de...?n=titleandreg
That link calls it casual sales tax, just trying to understand as its way different than FL
12-11-2015, 10:05 AM
#4
Intermediate
Yes, the sales tax maxes out at $300. The catch is that you have to pay a "vehicle property tax" (based on the assessed value) BEFORE you go to the DMV (found that out the hard way). Since you're in Horry County, here's the link: http://www.horrycounty.org/Departments/Treasurer.aspx.
01-03-2016, 08:18 PM
#8
Pro
A friend of mine paid 1000 dollars in property tax on a 2013 427 vert and that's on a two year old car. The sales tax 300 dollar sales tax cap is good but the yearly property tax fee will break the bank. Do your home work before you make your purchase.
01-04-2016, 01:45 PM
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Yes you pay the property tax on top of the sales max, and the property tax is where some SC counties nail you.
When I bought a 10 year old Porsche the property tax was over $600.
When I bought a 10 year old Porsche the property tax was over $600.
01-12-2016, 06:11 PM
#10
Race Director
BTW the $300.00 max sales tax in SC is for both new and used cars. I worked at a dealer for 5 years and that was the one thing that all SC dealers were trying to protect. They almost all could never agree on one thing other than that.