Well its tax time here in CT, and I was just wondering how much you all get taxed on your vette. This is my first year for paying taxes on it and Im wondering how badly I'm going to be getting raped.

 

In NC a car over 35 years is an antique - which means you can apply
for a plate and reduced property tax - for "limited" driving. My 1970
costs $6.50 plus $10 city tax. But, my 1975 is about $85.
(Antique plate is $38 each year - $28 for a regular plate (sticker).

 

Don - just a fyi -- Each county in NC sets their own property tax rate
on autos and it usually goes up each year. There is no inspection sticker required on a 1970 but a safety on a 1975. I have antique auto
insurance which is about $250 per year for two cars - limited driving &
garage kept. (I promise not to get into the massive numerous taxes on
everything else in NC!!!)

 

I do have antique plates on it and the woman at the assessor office said that means they'll use the nada value rather than the classic car value. Dont really know what the difference is value wise. But at 70% of the assessed value and at mil rate of 27.911, I may have to shed a tear or two.

 

In Idaho we pay the sales tax when buying. Mine was 6% 2 years ago.
Annual fees for Passenger Cars and Motorhomes
$35.00 to $60.00* (depending on vehicle age and county of residence)

* Vehicles registered in Ada County also pay a $10 to $20 Ada County Highway District Fee. (This is my county)

Montana: No sales tax but they can really nail you with reg taxes.
However they have a great deal with this Permanent registration.

# Permanent registration, MCA 61-3-562 – The owner of a light vehicle 11 years old or older may choose to permanently register the vehicle. This registration does not need to be renewed as long as ownership is unchanged. Fees collected at the time of permanent registration are:

* $87.50 registration rate
* $5 Montana Highway Patrol Salary and Retention Fee
* county option tax, $4 optional state park fee, certain special plate fees and, for light trucks, the gross vehicle weight (GVW) fees

 

In Michigan we pay the vehicle sales tax at the time of title transfer @6%. So if you buy from a private party that fudges the receipt with a lowball figure, you pay less tax. Really, how much is a '66 Chevy 2 door worth?

Annual license fees for cars '84 and newer are based on the original retail price or base price (ad valorum) of the car, so registration fees remain high as the car depreciates. '83 and older cars remain on the old system where rates were based on vehicle weight.

Historic cars need to be 26 years old or older and there are 2 types of registration after paying the 6% sales tax. Permanent registration ($35) for the use of an authentic year plate whic you buy at a swap meet, or a 10 year historic plate ($30). Or you can purchase standard annual plates or personalized annual plates with price based on vehicle weight.

 

Well we have to pay sales taxes when we register the vechicle the first time but Im talking about property tax (some call it excise tax) each year. I was wondering more about what people pay in excise tax not sales tax.

 

I pay property taxes on my cars in Kentucky. Usually based on current blue book value. It's not very much.

 

Just received my registration notice on my '70 vette. I live in Nebraska, and to register for another year it's $25.00. That includes plates and all taxes.

 

sorry to hijack...but let me try to understand this. For your car in CT you have to pay sales tax at time of sale (okay with this)...the yearly registration fee (okay with this)...but i have never heard that a car would be considered taxable property and you have to claim it on some property tax form. Is this property tax in addition to your home property tax forms or separate? I would have thought your yearly registration fees would have covered any kind of annual tax on a car....Ugghh!!! Next they will be taxing how big my $hit is going down the toliet LOL!!!

 

In NC, in addition to yearly fees, you pay on property tax on all autos.
It's sent separately from the property taxes and if you don't pay it they
cancel your registration until paid. On a $15,000 auto taxes in this
county would be about $199 per year, each year. Auto property taxes
vary by county & has nothing to do with the value of the car - it's
just another tax in a tax and spend happy state.

 

When people do that here and we catch them, we call it a Class 4 Felony. It keeps us busy sometimes. Plenty of liars and crooks.


Regarding excise or property tax, it doesn't exist here in Illinois on cars... one of the few things I do not miss about New England.

 

No excise tax here in NH "Live Free or Die" ....
No ... they just call it a "usage fee" ... based on car's value each year.
Small price to pay for living in the great white north.

 

Just got hit w/ $134 in Greenwich on my '72 coupe.

 

No property tax here on cars (Minnesota). Annual license fee is $37.50 on older cars, none if yours is registered as a "collector". I have collector plates on my 72; NO fees going forward at all. Insurance for the 72 is 165/ year for me, so annual usage is very reasonable, except for gas.

Newer cars run over $100 annually for license fees

 

Holy $hit...now I have heard of everything (I hope). I can't believe that they have a so called "auto value property tax" in addition to the yearly registration fees and initial sales purchase. I could see if maybe you had more than 2 cars registered in your name kind of like a luxury tax...but for your primary car IMO is just a bunch of crap to tax ya on that too. I grew up in Florida my whole life and made a mistake moving to NJ (so but just ain't for me) and I had some idiot chasing down what I thought was a public beach asking where the hell my beach pass was and that I had to pay $10 to walk on the beach. We almost came to blows over the incident as the guy got really hot headed not realize I had no idea that I was not from the area and that I have never heard that each city charges you a fee for a summer beach pass allowing you to walk on their beaches. Ugghh!!!! I pray I never have to leave Florida again for a different job. Thanks for the info...

 

We may have a personal property tax, but CT has no tolls. That's right, NOT one toll booth in the entire state. We also have very low real estate taxes. So, I will pay my $134/year and not sit in line to pay $2 twice a day for the privilege of sitting in traffic.

 

Hmm, Old Greenwich, Mick? I recently bought my '69 roadster in Norwalk...

 

Wow! I am glad I don't live in Conn. I have lived in New Jersey all my life where it is said that we have the highest property taxes in the nation and I believe it. They claim it is double the national average. Here we have been hit with just about everything one could think of but we are not accessed on the cars we own for property tax purposes. We do pay a registration fee and sales tax is paid upon purchasing the vehicle on everyday cars and trucks per year. For instance my wifes 2000 Dodge Intrepid cost us $71.50 a year now for the registration fee. I pay $75.00 a year on my 2003 Ford E350 Van. At the time these vehicles were purchased a 6% Sales tax was also paid. Other everyday vehicles we own go from $46.50-$162.50 for the registration fee per year. The latter is a high cube dual wheel work Van I own. We have quite a few vehicles and registration per year cost do add up. Now for my Collector Cars registered as Antiques we only pay a one time registration fee when first registering the Vehicle. At that time a 7% sales tax is paid plus registration fee. Use to be 6% sales tax until last year. Antique cars pay nothing from then on and retain the same Antique License Plate as long as you own the car. Every 3 years you will get a notice from the state of N.J. to see if you still own the antique car. You sign the slip and mail it back in and a new 3 year registration card is sent out to you. No inspection is required on an Antique vehicle either. If I had to pay a property tax on every vehicle I own I don't know what I would do at this point. I am glad someone brought this up here because when it is time to retire this is something I will definitely have to look into before I move to another state that may have cheaper property taxes for this hidden tax. With all my vehicles that cheaper property tax may not be that cheap at all.

 

After leaving Michigan for Georgia where I bought two cars, I learned about the term ad valorum. It was very expensive to own and operate a vehicle (especially new) in Georgia. The flip side was gas taxes were minimal and other costs like sales and property tax were reasonable. You gotta pay somewhere.

Then I moved to Jersey. Holy ****. Aside from the $10 beach fee, was the $5,000 per year in property tax on my humble two bedroom ranch, the higher personal income tax, the combined $2,000 per year we paid for tolls just to get back and forth to work (not deductable by the way) and the worst of all....many of the restaurants in Jersey don't have liquor licenses, but you can bring your own wine as long as the restaurant pours it...Then they charge you a $5-$10 "pour fee." It's my Fuc&ing wine!

Back in Michigan now and the $84 per year registration fee is chump change, and the family diner down the street has a full bar and 2.00 tall domestics. Jersey is a GREAT place to visit and the people are truly wonderful, but don't move there unless you have one of them fat wallets.