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SUT tax on Tesla in VA

Discussion in 'Mid-Atlantic' started by Sir Guacamolaf, May 4, 2017.

  1. Sir Guacamolaf

    Sir Guacamolaf The good kind of fat

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    How bad is it? I have a 2015 70D. TIA!
     
  2. mrjwen

    mrjwen VA: PLUGS IN

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    • Informative x 1
  3. Max*

    Max* Banned

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    That should be only for the first year. I think mine was $3,500 first year and $2,700 2nd year, and I expect it to keep going down.
     
    • Like x 1
  4. Sir Guacamolaf

    Sir Guacamolaf The good kind of fat

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    Phew thats quite a bit. Over the life of the car you end up buying 1/4th of the car all over again.
     
  5. Max*

    Max* Banned

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    Just checked, I was off a little. $3,157 and $2,718.
     
  6. Sir Guacamolaf

    Sir Guacamolaf The good kind of fat

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    #6 Sir Guacamolaf, May 5, 2017
    Last edited: May 5, 2017
    Is it a tax write off if you itemize?

    It's a tough call between MD and VA when it comes to taxes and other things,
    • Prop taxes are 10% higher here (montgomery county vs. fairfax)
    • No car tax in MD, you pay an additional $64 I think per year on EVs
    • There is a business income tax in most VA counties
    • More jobs on the VA side
    • Traffic is worse on the VA side, public transport is much worse, so is 'walkability'
    • VA has no solar credits, MD has a little
    • Montgomery county is very strict on regulations, both business and home, fairfax county is easy going comparatively speaking
    • VA you pay tax on groceries, MD, 5c tax on bags.
    All in all, depends on your personal situation but MD comes to be slightly more tax-y, but in return you get better public transport and walkability.
     
  7. Max*

    Max* Banned

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    I've been writing it off for the past 10+ years that I've lived in VA, heh, but I do my own taxes, so don't take this as tax advice.

    It's questionable if the "registration" portion of it is a write off or not, but that's about $30/$3k, so it's not a big deal.
     
    • Informative x 1
  8. kort677

    kort677 Banned

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    you can get a firearms carry permit in VA, next to impossible in MD.
     
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  9. WATTS-UP

    WATTS-UP Member

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    In Philadelphia we pay a flat 8% sales tax, and New Jersey the tax on a EV is "0"
     
  10. kort677

    kort677 Banned

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    that is correct, what are the annual registration fees?
    I know that they aren't as steep as the states that have an annual ad valorem tax on vehicles.
     
  11. WATTS-UP

    WATTS-UP Member

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    Other then the sale tax I think we pay lets say $80.00 for your registration and then another $60.00 for inspection. At some point the State will hit all of us for $250.00 road tax because we don't buy gas.
     
  12. Sir Guacamolaf

    Sir Guacamolaf The good kind of fat

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    MD has no emissions test on EVs. I don't think there is a safety inspection either.
    Registration is 350ish every 2 years. Also they extended the carpool benefit till Sept 2018.
     
  13. boaterva

    boaterva Supporting Member

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    There *used* to be one safety inspection. Ever. When you bought the car. Lived there 15 years ago, but I assume it's not changed based on the state of MD cars I see. :D
     
    • Funny x 1
  14. boaterva

    boaterva Supporting Member

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    Hm... would the 'value' of the car change that rapidly? There is the exempt portion (the old 'no car tax' thingie in Virginia, which really only subtracted a fixed amount; I forget, $25K?), but I can't see your tax decreasing by 23% after the first year...

    That's one of my problems, also... a new X will be about $3K+ a year no matter what you do; on the other topic, property taxes are deductible. At least, I bet most people here do, and I've never seen an issue with it.
     
  15. Chopr147

    Chopr147 Active Member

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    OK I'm not getting this. You pay 3k EACH year on the car? That's insane! I'm in NY, one of the most taxed states but after the initial sales tax the only charges are registration and inspection. Maybe $150 a year. Of course my property taxes are 18k a year. :(
     
  16. kort677

    kort677 Banned

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    property taxes are deductible as long as you take itemized deductions, most people do not do that by taking a standard deduction, and many are caught up in the AMT tax and cannot take deductions.
     
  17. boaterva

    boaterva Supporting Member

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    Well, yeah, I assumed anyone that does their taxes knows about those little complications. :D
     
  18. Max*

    Max* Banned

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    I posted updated numbers up thread, closer to 13%, I didn't check the value they used, but if you're curious, I can probably dig it up
     
  19. Max*

    Max* Banned

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    I came from NYC too, and was shocked at the yearly tax. It's based on the value of the car, so it's not always $3k/year. Could be a few hundred.
     
  20. Lasttoy

    Lasttoy Member

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    I just left Fair tax for St Augustine. 6%, ain't no cheaper here. Fees kill me. Ready. All tags stickers come due on your birthday. I have 6 stickers. This really is bad.
     

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