By: Freddy On: Sat Mar 05, 2011 12:09 pm
Where are you? PA? You wait until they discover "excise tax" when registering automobiles. I understand PA has none, but here, every year, you pay "excise tax" when you register your vehicle. It is a tax that goes on the "actual value of the car". Each year the tax is lower than the year before, but after 5 years you "hit the minimum". Now, get this, on a brand new vehicle you pay tax on the sticker price, not what you paid. So, if the sticker says $30,000, you pay tax on $30,000, not the $22,500 that you actually paid for it! My wifes Honda CRV is the first brand new car we ever had. The excise tax was just over $600 the first year. How many coupons will that cover? Maine is very inventive.