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What is Virginia tax on cars?
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10-23-2005, 07:35 PM | #1 |
Second Lieutenant
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What is Virginia tax on cars?
Anyone know what the sales tax for automobiles is in Virginia and what should I expect to pay for licensing in VA? I'm pretty new to the state so I don't know. I was told by a Maryland dealer that the tax was 3.2% for VA.
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10-24-2005, 10:58 AM | #2 |
apexlvr
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Sales tax on a new car is approx 3.07%-based off sales price of car. Registration runs anywhere from 35-70$ depending if you want 1 or 2 year plates. County stickers are required and usually run $25 or so for the year. You do pay personal property tax each year, but it has been reduced by about 75% since it's inception. Look to pay about $350-400 year??? for a new 325i--(can someone in VA tell me if this is correct) It is based on the book value of your vehicle . . .i.e, the older it gets, the less you pay. Also, you have to get the car inspected each year. . .another $20.
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10-24-2005, 11:08 AM | #3 | |
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