That is how it is here. Used to be you paid excise tax which was based on some unknown book value. Even a $500 car will cost $160 to register it. Back when I was buying company cars a new vehicle that cost $15k would be about $600. Have heard people buying cars then can’t pay the $1200-1400 to register it. Forever you paid the excise tax but there was no sales tax. A few years ago they started also charging sales tax on top of the excise tax. It’s amazing you have to pay sales tax on a used item.
Now let’s talk penalties. After 30 days it used to be .25 per day up to a cap of $100 for each of the excise tax and the tag. Now it’s $1 a day up to $100 cap on each so a possible $200 total. Since they sales tax went into effect there is also a $1 per day penalty on that as well with no cap. If it’s been years and you never registered it, you could be looking and many hundreds in penalties. Also, used to be when you sold a car, everything started over with new owner. If car was off the road for years, new owner transfers it and that’s that. Now, the new owner has to pay the penalty of the PO let the registration expire. Same $1 per day up to $100 deal. So might also have to pay another hundred for that barn find that has not been tagged in years. Several times it has been cheaper to go the Vermont route rather than paying all the fees here. Sent from my iPhone > On Mar 26, 2022, at 2:28 PM, dan penoff.com via Mercedes > <mercedes@okiebenz.com> wrote: > > Sounds like Indiana with their goofy excise tax on top of the registration > fee based on the selling price (MSRP) of the car until it’s 12 years old. I > never bought a new car when I lived there, partly because I couldn’t afford > one for most of the time, but even when I could I wasn’t about to pay their > stupid excise tax. > > I just looked and they’ve cut it back to 9 years now, but if you bought a new > car now and it cost $42k or more you’re paying over $500 in excise taxes. > This is all on top of a 7% sales tax when you purchase the vehicle. > > -D > > > >> On Mar 26, 2022, at 2:44 PM, mitch--- via Mercedes <mercedes@okiebenz.com> >> wrote: >> >> I remember when Michigan instituted a property tax on car registrations, not >> for the car's value but for its MSRP, beginning with model year 1983. >> >> OK, I'll just drive 1982 and older cars...but that only worked for so long, >> by 1990 I'd given up on it. My 1975 Civic was mostly inoperable, my 1976 >> Subaru and 1977 Saab were total rust buckets, and my 1980 Citation broke a >> shift fork inside the transmission and was too rusty to be worth fixing. >> >> Mitch. >> >> March 26, 2022, 2:58 PM UTC >> By Minyvonne Burke >> >> Washington state plans to ban most non-electric vehicles by 2030, according >> to a newly signed bill by Gov. Jay Inslee. >> >> The bill says that all vehicles of the model year 2030 or later that are >> sold, purchased, or registered in the state must be electric. >> >> "On or before December 31, 2023, the interagency electric vehicle >> coordinating council ... shall complete a scoping plan for achieving the >> 2030 target," it reads. >> >> The bill covers a lot of transportation issues in the state and is a part of >> a larger $16.9 billion transportation package called “Move Ahead >> Washington," which Inslee described as a way to create more efficient >> transportation options. >> >> _______________________________________ >> http://www.okiebenz.com >> >> To search list archives http://www.okiebenz.com/archive/ >> >> To Unsubscribe or change delivery options go to: >> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >> > > _______________________________________ > http://www.okiebenz.com > > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
