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Buying new car

Discussion in 'Car Dealer Hangout' started by jansvobodajr, Jul 24, 2020.

  1. Dave Z

    Dave Z It's me, Dave
    Staff Member Level III Supporter

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    100%? That seems wrong...
     
  2. saltydog

    saltydog Well-Known Member

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    Wow that is rather confusing :confused:

    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)
     
  3. Doug D

    Doug D Virginia Gentleman

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    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.
     
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  4. jansvobodajr

    jansvobodajr Active Member

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    I just wanted to let you know that I bought 2018 Scat Pack last week :cool: I'm still waiting for the money transfer confirmation. I will not pay taxes if I submit Bill of lading.

    [​IMG]
     
    saltydog, wolfsblood07, Morty and 3 others like this.
  5. chuzz

    chuzz Well-Known Member

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    Man, that is a beautiful car. You did good!! I'm jealous.
     
    jansvobodajr likes this.
  6. jansvobodajr

    jansvobodajr Active Member

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    It is. Thank you man
     

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