A Bad Thing

[Parshal]

Originally posted by federalman

They must be charging you guys commercial license fees.

I'm not sure about that. My '01 Tundra was over $700 and my wife's Camry was over $400. My guess is the extra is due to weight.

 

[Pit Bull]

Originally posted by federalman



By the way, don't forget about the $200 Federal tax rebate for the purchase of a new diesel pick-up. That rebate is supposed to off-set the excess tax we pay on the Diesel fuel. The rebate is for the year the vehicle is purchased. I believe you must use the long form, but it has nothing to do with whether you own a business.

This sounds great where do I go to find out more so I can get this rebate.

 

[Animal]

Alaska registration

In Fairbanks Alaska registration is $70, that’s for two years (no sales tax). Did I mention the state pay's use a dividend to live in Alaska; last year was $1,523 per person.

 

[MidwestMotorman]

fees

Here in Iowa, there is a 5% title fee based upon the purchase price. There are allowances for trades. The annual license fees on my dodge were about $175 the first year, and $55 for every year after that. That was for the standard registration.

 

[stew]

WOW

I live in the Commonwealth of Taxxachusetts and reading this thread we have it good!!! Ya right... At the start anyway... After the purchase of a vehicle how can some states do this ? Sounds like everything is up front, versus carried out over several years...



Well, every state is different I guess... Here, we have many hidden taxes, not all up front...



Plates are well under $100, I think $50 +/-, I forget... But, it's short money... Then you have 5% sales tax one time fee... Then, every year you pay excise tax, it's a road tax... It is based on the vehicle value... $25 per $1000... They do under value by far, thank goodness... And the value drops real quick... Every 4 or 5 years you pay another plate fee of $50 or so to keep the vehicle registered...



Then, insurance in this state is outrageous... Living in the hills it's a bit less costly but, Boston and surrounding area's could be as much as $1700 or more annually with a good driving record... Then, you have an annual inspection of $30 or so...



Hey, the bills come in, I pay em... Unless the bank calls and says I am overdrawn I forget... LOL



I love them hills !!! My Ins. is under $1000 annually... And for some of you folks that's still real high... I'm on the New Hampshire/Vermont border, Can hit NH with a stone... And Ins. in NH for the same coverage might be $300 annually and NO sales tax...



As the Beverly Hillbilly's said "New Hampshire is the place you wanna be" LOL



I got a track of land in NH, and that's the new homestead for me in the future !!! NH State Motto " Live Free or Die"



Hey, it's almost tax time folks !!! Thought I'd remind you...



Thank's for lettin me blab...



Stew

 

[Big MAK]

Nebraska is a 'tax me' state. It's the combined personal property tax plus plate fees that get you every year. When you register for the plates you pay the property tax (rent) to own the vehicle at the same time. I think we're ranked in the 'top ten high taxes'. Our personal income and sales taxes aren't extreme like Minnesota or New York; but they're high enough that combined with the ridiculous government property rent; err; tax; it makes us a top ten.

 

[D808]

For the Federal Tax rebate (Credit), you'll need to use the long IRS form (1040). Also, you'll need form 4136 (Credit for Federal Tax Paid on Fuels). Hopefully we can still get the credit. However, it's been six years since I last claimed it, and I haven't seen the new Y2002 tax forms yet.



Federal Man

 

[crebelein]

i'll have to talk to my accountant (father-in-law) about this. . sounds like a good deal

 

[Dean Upson]

I'm pretty sure that you can only get that credit once.



Dean

 

[Dean Upson]

Here in Connecticut, you pay 6% Sales Tax on the difference between your trade and the price of the new vehicle. I only register the truck for 10,000# so it's only $248 for a 2 year registration. We also get to pay a personal property tax to our town for the value of the truck (set by DMV) every year, forever, or as long as you own the vehicle. That rate of taxation is set by whatever the mill rate is in your town, you pay at the same rate that you pay the tax on your house. I just got my insurance bill and it is about $850 a year. I have no tickets or accidents on my record. It doesn't apply in Connecticut, but in states where there are tolls (Maine, NH, MA, NY, etc) you pay a hell of a premium for the dual wheels, you get charged for an extra axle.

The registration is based on vehicle weight and folks with pickups really get taken over the coals there, the town tax is pretty expensive, but at least they get the renters with kids in school with that one. If they don't get you one way, they'll roll you over and get you the other. Sorry, but this subject gets me going (even more than usual). Actually, no one put a gun to my head and told me I had to buy a nice truck.



Dean (cryin' poor) Upson

 

[Pit Bull]

Originally posted by Dean Upson

I'm pretty sure that you can only get that credit once.



Dean

Once will work for me

 

[Dean Upson]

Pit Bull,



I got that credit on my 86 Ford and when I tried to get it again on my 94 and again on my 98 Dodges my tax guy just said "nice try".



Dean

 

[Pit Bull]

Originally posted by Dean Upson

Pit Bull,



I got that credit on my 86 Ford and when I tried to get it again on my 94 and again on my 98 Dodges my tax guy just said "nice try".



Dean

This will be my first try since I did not take one on my 2000

 

[Dean Upson]

Pit Bull,

In April, I'll give it a fourth try



Dean

 

[dghost]

After reading this thread I decided to check with DMV here in Boulder to find out how much I'll have to pay for plates next month when my 3500 arrives. (due mid Jan) She said the last one she plated cost close to $750. She said the cost can vary based on how long it takes them to receive all the paperwork before they send out the notice. Said it can take up to 2 months which would result in paying for 14 months registration and add about $120 to the bill. If the dealer collected state tax but not city tax - then the city tax gets added at registration time. With Boulder's high tax rate that can run the total bill somewhere around $2000. This is good to know - I don't like expensive surprises.



Thanks for bringing up this subject.



Dave Ghost

 

[Badunit]

Our previous Governor did his best to eliminate our personal property tax on automobiles. It was reduced a lot but it's still high. If we'd had two more good years of economic growth it would have been gone for good (the best he could win was a gradual reduction that would only happen if the economy continued to grow). As it is, he had to fight the label of "fiscal irresponsibility" continually in the press. But eliminating the tax was his one main stand when he was running for election, that was why he was elected, and dang if he didn't do everything in his power to make it happen against a lot of political opposition. For once I was proud of a politician for actually doing what he said he would.



I could go on and on about the subject of "ownership" taxes. I am willing to pay income tax, sales tax, and other consumption taxes. But to be taxed yearly just because I own something just grinds me. If they revamped the tax system to be only consumption or income based I'd probably end up paying more but I would feel so much better about our tax system. Ownership taxes just seem so unfair, unjust, and not right.