Yes, that's correct: Registration and taxes are about $50 or less. I think I paid about $150 for 5 years of registration. It depends on the retail value of your EV. This is currently the law and there is no end in the foreseeable future, but just to be safe, I would recommend taking the 5 year registration option.
Having trouble figuring out the taxes situation in AZ. Do you pay sales taxes on a Tesla, or not?
Here's my situation. Have an address in both TX and AZ, and a '15 P90DL I'm possibly going to trade in for a new MS with ventilated seats in AZ. The '15's trade-in value will be less than the cost of the new car, but within a few thousand dollars.
Taxes on a car in TX are 6.25%. I can recapture the taxes already paid, for the most part, as one gets credit for trade-ins in Texas, but to recapture the massive check I wrote for sales taxes ($8k or $9k?) I'd obviously have to trade the car in to Tesla, BUT, Tesla has a long history of shorting the value on trade-in Teslas (which is remarkably short-sighted, but that's sure to be another thread).
Should I buy the MS replacement in AZ and title/tag it in AZ, or TX? Should I private party sell the P90DL in Texas and just forget how much I spent in sales taxes?
I have an address in both states, and the new will probably end up in AZ.
Key question I guess: I'm gathering there are almost no sales taxes on a Tesla in AZ?
If so, then it's almost a no brainer to private party sell my P90D in Texas and forgo the sales tax benefit trade in benefit since it would be wasted on the "no sales tax" AZ policy anyway?
Call me Confused!