Discussion in 'Car Dealer Hangout' started by jansvobodajr, Jul 24, 2020.
100%? That seems wrong...
Wow that is rather confusing
Here in CA, we pay yearly registration fees and part of that is an assessed value of the vehicle(not sure how they calculate the %, I need to look that up) so every year that value goes down. So last year I paid about $700 for my 2016 GMC Sierra for the yearly registration, that fee included the assessed value, local & state fee, commercial vehicle fee(all pickups fall under this) smog abatement fee(new vehicles dont have to do smog for the first 6 years - there are many restrictions on this).
For my valiant, there is no assessed value and the total fee for the year $192.
I just got my new truck registered and I had to write a check for nearly $7000 to the state of CA, plus a smog cert and weight cert(this is because i purchased out of state)
What makes it worse is every county calculates its taxes differently and there is a set amount of funds ($950 million I think) from the state to be divided among the cities and counties. So the Tax Relief varies from year to year.
Fortunately both of our vehicles are below the $20,000 threshold so we get full benefit of the tax relief. The tax for my 14 year old Ram is less than $200 (about $160) for 2020 and not much higher for the '14 Equinox we have.
And the state also reduced the annual registration fees, but they increased the state gas tax.
I just wanted to let you know that I bought 2018 Scat Pack last week I'm still waiting for the money transfer confirmation. I will not pay taxes if I submit Bill of lading.
Man, that is a beautiful car. You did good!! I'm jealous.
It is. Thank you man