Who Wants to Compare Personal Property Taxes? [ADMIN WARNING: NO POLITICS]

[MarylandMojave]

If we are talking tags, In Fl my JT is 45.60 a year ,2005 TJ is 38.60. My 2016 Harley is 24.10. It is based on weight so the tag on a new vehicle and a 10 year old one is the same.

it’s been clarified a few times they’re not talking tags. Those are additional.

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[NightFog]

Washington state has no personal property tax on vehicles and the yearly registration fee is $43.25.
My 2017 Grand Cherokee is registered in Indiana and is $157.35 which is made up of taxes and registration.

 

[Casique]

Retired military here, cant' wait to get the hell out of VA!

 

[ScottDB]

After a load of rebates in 2021 I bought my Willys for $44,125

MA sales tax at purchase: 6.25% = $2750
Yearly excise tax: 90% of $25 per 1K = $1003 - The percentage reduces per year 60,40,25,10%
Doc fee = $402
MA DMV = $122

I was out about 4K in before I made a payment. Things you need to think about when purchasing a new ride!

 

[DailyMoparGuy]

After a load of rebates in 2021 I bought my Willys for $44,125

MA sales tax at purchase: 6.25% = $2750
Yearly excise tax: 90% of $25 per 1K = $1003 - The percentage reduces per year 60,40,25,10%
Doc fee = $402
MA DMV = $122

I was out about 4K in before I made a payment. Things you need to think about when purchasing a new ride!

Thanks for sharing that. My fiancé may buy a vehicle when we get there, so it’s good to know.

 

[Barnaby’sdad]

My tax bill arrived this week. ?

Found this online.

 

[Labswine]

After a load of rebates in 2021 I bought my Willys for $44,125

MA sales tax at purchase: 6.25% = $2750
Yearly excise tax: 90% of $25 per 1K = $1003 - The percentage reduces per year 60,40,25,10%
Doc fee = $402
MA DMV = $122

I was out about 4K in before I made a payment. Things you need to think about when purchasing a new ride!

This is the very reason I bought used vehicles, at least 3-4 years old, when I lived in Massatuchetts (Taxachusetts?).

But, when you purchase, they don't (or at least didn't used to) look at the trim level of your vehicle, they only look at the price of the most basic edition of what you purchase. I.e. in our case it'd be the Gladiator Sport, base model...no nuttin' as far as options.

 

[Jimko71]

Got ours today.
Rural Central Virginia
21 Mojave - Sticker price was $62,225
Personal Property Tax - $675.28 (6 mos)

Typically, my area is pretty low on taxes, so I'm curious as to how this compares to others.

Hey @Lunentucker, how'd you do for this year? I just got ours for Hanover County VA and its effing ridiculous. 2022 Gladiator and a 2022 Grand Cherokee. $2500.

 

[Lunentucker]

Hey @Lunentucker, how'd you do for this year? I just got ours for Hanover County VA and its effing ridiculous. 2022 Gladiator and a 2022 Grand Cherokee. $2500.

Let me check with the lady who takes care of these things.
I'm not sure if we've gotten the bill yet or not.

 

[legacy_etu]

They finally were able to ditch the annual property tax on vehicles a couple of years ago (RI). So answer is $0.

Property taxes on real estate are astronomical however and always have been.

 

[KevinM60]

One way or another they will always keep their hands in our pockets.
Some .gov support is necessary but some take it way too far.
In Cali they tax the vehicles with a vehicle license fee when we pay our annual registration.
I haven't had my first renewal yet but I'm expecting possibly about 2/3rds of what my loan payment is.

 

[Hootbro]

One way or another they will always keep their hands in our pockets.
Some .gov support is necessary but some take it way too far.
In Cali they tax the vehicles with a vehicle license fee when we pay our annual registration.
I haven't had my first renewal yet but I'm expecting possibly about 2/3rds of what my loan payment is.

Just about every state has to provide the same basic services. They just slice the tax base pie differently in each state to cover that. Some are more personal tax, some more property tax and some are more income tax based to make their budgets up.

The problems is when you run into states that have a combination of all three high taxes of personal, property and income that you are really screwed.

 

[KevinM60]

Just about every state has to provide the same basic services. They just slice the tax base pie differently in each state to cover that. Some are more personal tax, some more property tax and some are more income tax based to make their budgets up.

The problems is when you run into states that have a combination of all three high taxes of income, property and income that you are really screwed.

You are absolutely right and to avoid turning political I won’t mention which ones are the worst culprits but since I live in Cali I can attest that they are out of hand. But it does look like it may finally be catching up to them to the point of accountability.
we can only hope.

 

[Throwback]

When I lived in California you paid a % of what the vehicle was "worth" each year with reg. renewal. I just bought cheap vehicles. Now back in NY the reg fees seem dainty and quaint. In both states you paid sales tax -- one time -- when you bought the vehicle. However, in NY you get some credit for what you paid on the vehicle you are trading in. I had a lot of equity in my trade so the tax I paid on the Gladiator was quite small. I fought the property tax assessment last year on my house so my property taxes actually went down this year (a rare win).

 

[Lunentucker]

Hey @Lunentucker, how'd you do for this year? I just got ours for Hanover County VA and its effing ridiculous. 2022 Gladiator and a 2022 Grand Cherokee. $2500.

Gladiator was $650.27 for the year.

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