What is everyone paying for tax/tag renewal?

wren57 · 05-12-2011, 02:52 PM

I just got a letter from the gov't asking for $250 in tax and $75 for tag issue fee. This seems extremely high. I don't recall ever paying this much. The assessed value is $23,200 which is more than I paid for it last August. I feel like a California resident with this ridiculous tax.

Syndicategt · 05-12-2011, 02:54 PM

My yearly registration is:

$450 total for my 335i

My MB is around $750

*edit....you need to move to FL

smallseafishie · 05-12-2011, 02:56 PM

Mine is an 07 and it was still $450 bucks. My 11 x5 is $720.

timmahh · 05-12-2011, 02:59 PM

Gah what the hell is mine going to cost?!

Syndicategt · 05-12-2011, 03:00 PM

Quote:

Originally Posted by timmahh

Gah what the hell is mine going to cost?!

Same as mine....$450

Amused · 05-12-2011, 03:08 PM

You guys have it easy.

Property tax alone on my plates is over $950. Here in Nebraska you don't pay sales tax at the dealer so the first year for cars over $40k for plates are $3200+.

timmahh · 05-12-2011, 03:08 PM

Quote:

Originally Posted by Syndicategt

Same as mine....$450

oh

well =p

RambleJ · 05-12-2011, 03:09 PM

486 for mine! Damn and its coming up soon!

Syndicategt · 05-12-2011, 03:09 PM

Quote:

Originally Posted by Amused

You guys have it easy.

Property tax alone on my plates is over $950. Here in Nebraska you don't pay sales tax at the dealer so the first year for cars over $40k for plates are $3200+.

You pay that per year to register? That's what we are talking about. Don't get me started on how much taxes I pay in the Peoples Republic of Kalifornia.

Fredo · 05-12-2011, 03:35 PM

Well, then we have it easy in Texas. The tax is 6.25 % of the purchase price, and it's a one time deal. For the registration, it's $65 per year.

Amused · 05-12-2011, 04:06 PM

Quote:

Originally Posted by Syndicategt

You pay that per year to register? That's what we are talking about. Don't get me started on how much taxes I pay in the Peoples Republic of Kalifornia.

That us what we pay a year and it goes down on average $200-$300 a year. Nebraska loves their taxes. House property tax is extremely high too.

Syndicategt · 05-12-2011, 04:21 PM

Quote:

Originally Posted by Amused

That us what we pay a year and it goes down on average $200-$300 a year. Nebraska loves their taxes. House property tax is extremely high too.

That's outrageous, I thought the standard of living would be a lot less in the mid-west.

Sooners335i · 05-12-2011, 04:32 PM

You guys need to try Oklahoma. I just renewed my tag for $84.

We only pay an excise tax of 3.25% at the time of purchase. No personal property tax. Tags are never more than $91. Tag is the only thing we have to pay on an annual basis.

chucktang · 05-12-2011, 04:33 PM

Quote:

Originally Posted by Syndicategt

That's outrageous, I thought the standard of living would be a lot less in the mid-west.

well i'm sure (and maybe i'll eat my words here - and should just do a simple google search but don't want to cheat) that their sales tax isn't 9.25% like it is here (or higher in other parts of CA).

ennis · 05-12-2011, 05:48 PM

$879.82 to register my 2011 here in Colorado. That was after saving about $200 as I paid for a year on my previous car and traded after ~ 6 months. Of course my property taxes are only about $2,000 a year, so I think I am still ahead.

Bimmer84 · 05-12-2011, 05:54 PM

Oh wow, I didn't realize people were having to pay so much... I bought mine overseas with no sales tax and reg is 30 bucks a year. I do recall Virginia trying to charge luxury tax every year when I was stationed there, but because I wasn't a permanent resident I didn't have to pay it... I though that was just in Monopoly!! lol (jk)

Tom K. · 05-12-2011, 06:09 PM

Quote:

Originally Posted by Bimmer84

Oh wow, I didn't realize people were having to pay so much... I bought mine overseas with no sales tax and reg is 30 bucks a year. I do recall Virginia trying to charge luxury tax every year when I was stationed there, but because I wasn't a permanent resident I didn't have to pay it... I though that was just in Monopoly!! lol (jk)

But VA does levy an annual Personal Property Tax on vehicles for residents.

Here in MD, I paid 6% sales tax on the cost of my 128i, less the value of my trade-in. The registration and emissions inspection comes to $142 every two years.

Tom

SpeedBuggy · 05-12-2011, 06:15 PM

$39.50 per year for my Ohio registration.................

16M4 · 05-12-2011, 06:25 PM

Mines due at the end of the month ($279 for two years)

EngineCo52 · 05-12-2011, 06:29 PM

i think its $128 in MD for 2 years

ABerry · 05-12-2011, 06:33 PM

in oregon it is $87 every 2 years.. if you have a special plate (not vanity) then you pay $30-$50 on top of the 87, if you have a vanity and the regular plate it is $87 + $125(vanity fee), if you have a vanity special plate then it is $87 + $30-$50 + $125... and if you live in Portland you pay an extra $40 a year for the Sellwood bridge falling down and needing to be replaced

I have a regular vanity and pay about $220 every 2 years..

PS. I hear in Michigan they charge per cylinder??

ceb · 05-12-2011, 07:04 PM

As a junior attorney, the OP should know what his state laws are regarding taxation. He should also know how his state values cars for taxation.

Quite simply, it doesn't really matter. Those states with low (or no) personal property tax get you with higher income/property taxes and those states with low income tax sock it to you with higher personal property taxes.

A few years ago, MD had a lower sales tax for cars. They then decided to only charge tax on the difference between the trade and the new car price. At the same time, the sales tax on cars was raised to 6%.

VA has an annual personal property tax on cars but the state income tax rate is much lower. With two cars and a house valued equal to my current house, we'd save about $15k a year moving from MD to VA - after we paid the annual personal property tax.

05-12-2011, 02:52 PM	#1
wren57 Roll Tide 591 Rep 2,345 Posts Drives: 335i Join Date: Jul 2010 Location: St Louis iTrader: (10)	What is everyone paying for tax/tag renewal? I just got a letter from the gov't asking for $250 in tax and $75 for tag issue fee. This seems extremely high. I don't recall ever paying this much. The assessed value is $23,200 which is more than I paid for it last August. I feel like a California resident with this ridiculous tax. __________________ Fix your broken/stripped cowl bolts with this elegant brass solution! http://www.e90post.com/forums/showthread.php?p=20230306
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05-12-2011, 02:54 PM	#2
Syndicategt Brigadier General 156 Rep 3,730 Posts Drives: 335i Join Date: Sep 2009 Location: Nor Cal iTrader: (11)	My yearly registration is: $450 total for my 335i My MB is around $750 edit....you need to move to FL __________________ 2008 BMW 335i e90 - Sold* - Rob Beck Turbos / PROcede V5 / Aquamist HFS-4 / AR Downpipes / AE Exhaust / ER Comp FMIC / ER CP / TiAL BOV / Custom Intake / RPI Scoops / Quaife LSD / Swift-Koni Coilovers / DSS HS / Morr VS8.2 Sig Black / Michelin PSS / P3 Boost Guage / M3 body / M3 steering wheel / Adam's Rotors / Hawk HPS / SS lines /
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05-12-2011, 02:56 PM	#3
smallseafishie Colonel 111 Rep 2,017 Posts Drives: AW 07 e92 335i + AW 11 X5 35d Join Date: Jun 2007 Location: Atlanta GA iTrader: (13) Garage List 2007 E92 335i [0.00]	Mine is an 07 and it was still $450 bucks. My 11 x5 is $720.
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05-12-2011, 02:59 PM	#4
timmahh ghey 484 Rep 2,041 Posts Drives: Viertürigen Fahrzeugs Join Date: Oct 2010 Location: Southern California iTrader: (1)	Gah what the hell is mine going to cost?! __________________ 21 G05 > 20 G05 > 17 G30 > 14 F30 > 08 E90
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05-12-2011, 03:08 PM	#6
Amused Second Lieutenant 31 Rep 204 Posts Drives: 17' F32 440i M-Sport AW Join Date: Mar 2011 Location: Midwest iTrader: (6)	You guys have it easy. Property tax alone on my plates is over $950. Here in Nebraska you don't pay sales tax at the dealer so the first year for cars over $40k for plates are $3200+.
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05-12-2011, 03:09 PM	#8
RambleJ Colonel 60 Rep 2,014 Posts Drives: F10 535i M-sport Join Date: Oct 2008 Location: Back in teh so cal iTrader: (2)	486 for mine! Damn and its coming up soon!
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05-12-2011, 03:35 PM	#10
Fredo Lieutenant 202 Rep 546 Posts Drives: 2012 335i Join Date: Mar 2011 Location: Austin TX iTrader: (3)	Well, then we have it easy in Texas. The tax is 6.25 % of the purchase price, and it's a one time deal. For the registration, it's $65 per year.
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05-12-2011, 04:32 PM	#13
Sooners335i Private 1 Rep 58 Posts Drives: 07 E90 335i Join Date: May 2010 Location: Oklahoma City iTrader: (0)	You guys need to try Oklahoma. I just renewed my tag for $84. We only pay an excise tax of 3.25% at the time of purchase. No personal property tax. Tags are never more than $91. Tag is the only thing we have to pay on an annual basis.
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05-12-2011, 05:48 PM	#15
ennis New Member 6 Rep 20 Posts Drives: 2011 328i xDrive Join Date: Oct 2010 Location: Denver, CO iTrader: (0)	$879.82 to register my 2011 here in Colorado. That was after saving about $200 as I paid for a year on my previous car and traded after ~ 6 months. Of course my property taxes are only about $2,000 a year, so I think I am still ahead.
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05-12-2011, 05:54 PM	#16
Bimmer84 Guardian of the Night 109 Rep 1,831 Posts Drives: 2010 335i M Sport Coupe Join Date: Oct 2010 Location: San Antonio iTrader: (5) Garage List 2010 335i E92 [7.50]	Oh wow, I didn't realize people were having to pay so much... I bought mine overseas with no sales tax and reg is 30 bucks a year. I do recall Virginia trying to charge luxury tax every year when I was stationed there, but because I wasn't a permanent resident I didn't have to pay it... I though that was just in Monopoly!! lol (jk) __________________ 2010 335i M Sport Coupe -- Black Sapphire Metallic\|Coral Red\|Loaded\|JB4 Stage 3\|BMS DCI\|VRSF DPs\|Camaross 6k AE\|Performance Gloss Black Grilles\|CF Performance Spoiler\|CF Quad Diffuser\|Double Layer Black Chrome Quad Tips\|CF Roundels\|Smoked Reflectors\|Red Cyba Scoops\|193s Painted Lamborghini Metallic Dark Gray
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05-12-2011, 06:15 PM	#18
SpeedBuggy Comfortably Numb 629 Rep 654 Posts Drives: '18 x1/'13 X3/'06 330i Join Date: Mar 2009 Location: Cortland, Ohio iTrader: (0) Garage List 2006 BMW 330i [0.00]	$39.50 per year for my Ohio registration................. __________________ 06 e90 330i/Alpine White/Terra Dakota 13 F25 X3 xDrive 35i/Black Sapphire Metallic/Oyster Nevada 18 F48 X1 xDrive 28i/Black Sapphire Metallic/Black SensaTec
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05-12-2011, 06:25 PM	#19
16M4 Colonel 131 Rep 2,978 Posts Drives: 2016 SO M4 Join Date: Mar 2010 Location: Broomfiled, CO iTrader: (5)	Mines due at the end of the month ($279 for two years)
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05-12-2011, 06:29 PM	#20
EngineCo52 Major 60 Rep 1,457 Posts Drives: 2007 Montego 328xi CPE Join Date: May 2011 Location: Havre de Grace, MD iTrader: (2)	i think its $128 in MD for 2 years
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05-12-2011, 06:33 PM	#21
ABerry Banned 17 Rep 592 Posts Drives: e92 \| n54 Join Date: Oct 2010 Location: Portland, OR iTrader: (0)	in oregon it is $87 every 2 years.. if you have a special plate (not vanity) then you pay $30-$50 on top of the 87, if you have a vanity and the regular plate it is $87 + $125(vanity fee), if you have a vanity special plate then it is $87 + $30-$50 + $125... and if you live in Portland you pay an extra $40 a year for the Sellwood bridge falling down and needing to be replaced I have a regular vanity and pay about $220 every 2 years.. PS. I hear in Michigan they charge per cylinder??
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05-12-2011, 07:04 PM	#22
ceb NHTSA Nazi 28 Rep 1,983 Posts Drives: 335ix Join Date: Aug 2009 Location: MD iTrader: (1)	As a junior attorney, the OP should know what his state laws are regarding taxation. He should also know how his state values cars for taxation. Quite simply, it doesn't really matter. Those states with low (or no) personal property tax get you with higher income/property taxes and those states with low income tax sock it to you with higher personal property taxes. A few years ago, MD had a lower sales tax for cars. They then decided to only charge tax on the difference between the trade and the new car price. At the same time, the sales tax on cars was raised to 6%. VA has an annual personal property tax on cars but the state income tax rate is much lower. With two cars and a house valued equal to my current house, we'd save about $15k a year moving from MD to VA - after we paid the annual personal property tax.
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