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So i know that when you trade in your vehicle to a dealer, you'll only get tax on the trade difference. What about registration and plates??? Do you have to pay the fees for the whole original tax value or do they give you a break when they see the bill of sale with your trade in vehicle? I'm in Adams county. Thanks
You get a pro rated amount back from the trade in car.
You will be charged the whole rate for the new year for new car and get a discount from the old one.
I believe they prorate the owner's tax on your previous vehicle. You need to bring the old vehicle plate and registration.
The above is correct, so if you traded in a car you only paid $100 in plates 8 months ago, you might get a $25 credit toward the new plates.
you don't need to bring in your old plates, it saves a few bucks to reuse them and bring in the registration from the old vehicle.
And no matter how you slice it the process is not cheap. Even my 5 YO car was $260 the first and $200 this year. For El Paso county we have an estimator. http://www.epcclerk.com/motorv/estimate.php First year for a $40K truck was over $800.[panic][Wow2]
Great, there goes a chunk of money out the door, looks like about $700 for me in Adams county.
ouch. yep, looks like my new vehicle will be $950 or so. I told the wife to save some cash for the plates!
And also start saving for next year, the fees don't go down as fast as depreciation of the vehicle does.Quote:
Originally Posted by gnihcraes
Another good reason to NEVER buy a new vehicle unless you have the money lying around in piles.Quote:
Originally Posted by jerrymrc
I'm finally down to $100/yr for my 2004 Tahoe. [Coffee]
You're going to end up paying a chunk, unless you're going to buy old and used.