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How much did you pay for property tax and registration?
- Thread starter Greens
- Start date
rpiotro
Active Member
Wow! Just wow. Property tax? Was there also sales tax? In Wisconsin we pay a 5% state sales tax on the trade difference. Then a one time registration fee of $120 and an annual license renewal fee of $140 plus an $80 EV/Hybrid surcharge.
No sales tax on EVs at all in NJ. NJ is one of the states that doesn’t charge property tax on cars, although the registration fee is in the $60-$80 range and based a bit on weight. They haven’t got around up here to figuring how to pay for roads without the gas tax, but that’ll come one of these days. “Biennial” is once every two years, right? Sounds like it’s in the right range.
South Carolina has a 5% sales tax on cars but with a cap of $500. Each county has its own annual property tax, which was the $1,015 for my Tesla.
Strangely, SC has an income tax credit if the car is a hybrid but no state tax credit at all for a pure EV, like a tesla. That is probably because we have the BMW and Volvo plants here in SC and that is a nod toward their ICEs.
Strangely, SC has an income tax credit if the car is a hybrid but no state tax credit at all for a pure EV, like a tesla. That is probably because we have the BMW and Volvo plants here in SC and that is a nod toward their ICEs.
Jeremy3292
Active Member
$500 - sales tax cap, paid to DMV upon registration
$120 - biannual (every other year) road fee due to lack of paying gas tax
$40 - registration fee
$15 - title fee
$705 - property tax (Greenville County, varies by district)
$120 - biannual (every other year) road fee due to lack of paying gas tax
$40 - registration fee
$15 - title fee
$705 - property tax (Greenville County, varies by district)
Jeremy3292
Active Member
I'm not sure what income tax credit you are referring to as I don't think one exists in SC.
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you are correct. that is my mistake. The hybrid tax credit went away in 2017
puckpurnell
Member
How come, since you are asking others to share this information, you did not feel the need to share your own costs?
I just did mine, Property tax went up to more than a $1000, and Registration is about $700. Blown away...
Did expect it but it just hurts me I have to do this every year. It's my first time doing property taxes so I was expecting anything to come out, but this is just massive....
ODWms
Member
Most of the fees will be exactly the same for those of us in South Carolina so mine is the same as yours except I paid $678 in property taxes in Horry County.
Wow that's a lot!! I bet your home property tax isn't bad though like it is in Texas.
We pay 6.25% sales tax on the difference between the price of the new vehicle minus the trade in equity. Registration is about $70-80 each year. We have to get our vehicles inspected and that's about $10-15 each year, and unfortunately I live in an emissions county but I don't think that applies to EVs of course. It did on our hybrid though, but they make you pay that as a part of your registration fee. We do not have a property tax on vehicles but I have read that the state legislature is considering a $200 per year "tax" on EVs due to the lack of gas taxes we normally would pay for an ICE/hybrid vehicle. Texas is not a friendly state for EVs from what I hear our politicians say.
We pay 6.25% sales tax on the difference between the price of the new vehicle minus the trade in equity. Registration is about $70-80 each year. We have to get our vehicles inspected and that's about $10-15 each year, and unfortunately I live in an emissions county but I don't think that applies to EVs of course. It did on our hybrid though, but they make you pay that as a part of your registration fee. We do not have a property tax on vehicles but I have read that the state legislature is considering a $200 per year "tax" on EVs due to the lack of gas taxes we normally would pay for an ICE/hybrid vehicle. Texas is not a friendly state for EVs from what I hear our politicians say.
UncertainTimes
Active Member
Are all these fee's and taxes a one time?
Up here in Quebec, Canada, we pay upon full purchase a one time tax of 5% federal sales tax, 9.975% Provincial sales tax (one time taxes)
and then an annual licence/registration fee (depending on what the value of the car and what city you live in) starting at $225 per year.
Jeremy3292
Active Member
One time $500 - sales tax cap, paid to DMV upon registration
Biannual $120 - biannual (every other year) road fee due to lack of paying gas tax
One time $40 - registration fee
One time $15 - title fee
Annual, decreases as the value of your car decreases every year $705 - property tax (Greenville County, varies by district)
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