California DMV renewal fee reduction considering huge drop in Plaid Model S value

[SDRick]

Was wondering if it's possible to get a reduction in the renewal fee reflecting an approximate 50% value drop in one year? Has anyone had any luck getting the fee reduced in California? My renewal is close to $1200 which seems high for a car valued at $60-$70,000?

 

[ucmndd]

VLF is based on a fixed depreciation schedule. There is no fighting or negotiating it to my knowledge.

3.075 Vehicle License Fee - California DMV

Chapter 3 Collection and Payment of Fees and Penalties 3.075 Vehicle License Fee (VLF) (CR&TC §§10751-10753) The VLF is collected upon original registration and registration renewal for automobiles, motorcycles, trailer coaches, park trailers, and commercial vehicles. VLF for fees due: The VLF...

www.dmv.ca.gov

 

[SDRick]

Thank you for the link.

Between the registration fee and the license fee, the significant reduction in vehicle value will not make much change on my four figure annual fee. Perhaps $100 but it is not worth the effort or fight.

 

[whisperingshad]

All cars depreciate normally, some appreciate....set fee. otherwise the 80k 65 mustangs be paying lots more