excise tax

[mugennosora]

just wondering what everyone paid for the 08 excise tax

[xbook]

64 chickens and a flat of beer

[pheller]

For '08, I only paid ~ $200, as the car wasn't registered in MA until late October.

For '09, I paid ~ $600.

The car in question is an '08 135.

[gnpower]

$564

[pheller]

Originally Posted by gnpower

$564

Yeah, come to think of it, I paid the same. Auto excise is fixed by the state, I believe.

[Artmasterx]

For 2009 it was $429 based on a value of $17150

For 2008 (registered in Sept), it was $214 based on $24750

One benefit of buying a car late in the model year is you get the full year depreciation (for excise tax purposes).

[mugennosora]

sigh...goodbye 500 bucks.

[BimmerLearner]

never ends

[BlackjackMulligan]

Ugh, that's when I really hear it from my wife. For some reason, the down payment, monthly payments, hours in the garage, etc don't bother her much. But when those excise bills come (I have two cars, and used to have a motorcycle too) wow do I hear it.

I'm looking at close to 2K between my Cadoo and Bimmer and her MDX......sucks

[windmaker]

i think it was around $240 in 08. But I dont know how much will be in 09. Probablly around $600

[Dr_Jones]

atleast they werent 'hummers'...

[arrutled]

i paid 450(nc)

[Rossmar]

$161 for 10 weeks of 2008. $429 for this year (for the 128)

Also similar, anyone see that Gov. Patrick would like to replace a gas tax with a per-mile usage tax?

http://www.telegram.com/article/2009...68/0/FRONTPAGE

So, if you take the turnpike like I do each morning, you'd pay:
a toll, $.0025/mi fee, a portion of your excise tax and $.235/gal tax we already pay.

I have also heard that they are looking to particularly get non-MA residents that work in MA to still pay a raised 50 1/2 cent/gal gas tax.

[gnpower]

Originally Posted by pheller

Yeah, come to think of it, I paid the same. Auto excise is fixed by the state, I believe.

It goes by the value of the vehicle, so depending on your options that you got it will just vary a little.

[roldan]

Does it factor in options? I don't think the RMV/state knows about options - I think they just use the base price for the model.

[BlackjackMulligan]

Originally Posted by roldan

Does it factor in options? I don't think the RMV/state knows about options - I think they just use the base price for the model.

Not sure how they come up with the value......It's based on $25/$1000 of value. Car is worth $10K? Excise tax is $250 bucks. For some reason they typically grossly devalue the car (good thing) especially after the first year. It was only like $200 for my Porsche when it was 3 years old.

[BimmerLearner]

I hope they dont do sticker 25/1000 coz that would be a 1k+ bill.

[Rossmar]

It's 50% Model Year -1
90% Model Year
60% +1
40% +2
25% +3
10% +4

I believe they use the sticker price with no options, here's my math:
$28800 * 60% * 2.5% = $429

[BimmerLearner]

So I got an 08 in 09 I pay less?

[m_thompson]

No excise tax on cars in Rhode Island since 2006.

[mugennosora]

yeah RI got no stimulus return for that tax either..but i rather not pay for it than getting some back

[Rossmar]

Originally Posted by BimmerLearner

So I got an 08 in 09 I pay less?

Yes, you should get a prorated rate for the number of months, unless you buy in January, then of course you'll pay the year