California tax back to normal
Thread Starter
Intermediate
Joined: Nov 2003
Posts: 29
Likes: 0
From: San Bruno, CA
California tax back to normal
Here's some good news for car buyers in California.
Arnold did it... He removed the 300% car tax as of 11-17-2003.
Too bad for me because I brought my TL on Sunday 11-16-2003.
That 1 day costed me an extra $600+ in sales tax. Only if I knew....
I could not turn the car down after I drove it.
Arnold did it... He removed the 300% car tax as of 11-17-2003.
Too bad for me because I brought my TL on Sunday 11-16-2003.
That 1 day costed me an extra $600+ in sales tax. Only if I knew....
I could not turn the car down after I drove it.
Racer
Joined: Jul 2003
Posts: 498
Likes: 1
From: SF Bay Area
We will get the extra we paid back.
From: http://www.dmv.ca.gov/
From: http://www.dmv.ca.gov/
Vehicle License Fee Notice
Governor Schwarzenegger has signed Executive Order S-1-03 rescinding the Vehicle License Fee (VLF) increase that went into effect October 1, 2003.
Customers who have paid the full amount will automatically receive a refund by mail beginning in early 2004.
Customers who have not already paid their registration renewal may calculate their lower fees by taking the VLF line from the billing notice multiply it by .675 and subtract that amount from the total fees due. Round this figure to the nearest whole dollar.
Submit the new amount by mail to the address on your billing notice:
P.O. Box 94286
Sacramento, Ca 94269-0001
At this time, the reduced registration amount can only be accepted by mail.
Please remember to pay your registration on time to avoid penalties.
Governor Schwarzenegger has signed Executive Order S-1-03 rescinding the Vehicle License Fee (VLF) increase that went into effect October 1, 2003.
Customers who have paid the full amount will automatically receive a refund by mail beginning in early 2004.
Customers who have not already paid their registration renewal may calculate their lower fees by taking the VLF line from the billing notice multiply it by .675 and subtract that amount from the total fees due. Round this figure to the nearest whole dollar.
Submit the new amount by mail to the address on your billing notice:
P.O. Box 94286
Sacramento, Ca 94269-0001
At this time, the reduced registration amount can only be accepted by mail.
Please remember to pay your registration on time to avoid penalties.
Burning Brakes
Joined: Oct 2003
Posts: 787
Likes: 1
From: Toronto, Canada
Racer
Joined: Jul 2003
Posts: 498
Likes: 1
From: SF Bay Area
Originally posted by Jss1
How much was the tax?
How much was the tax?
-r
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Instructor
Joined: Nov 2003
Posts: 130
Likes: 0
From: Berkeley, CA
Originally posted by Sigma521
So when making calculations to buy the car, what is the percentage that needs to be taken into account for licence & registration In California ?
thanks
So when making calculations to buy the car, what is the percentage that needs to be taken into account for licence & registration In California ?
thanks
(Sales Price + Doc Fee) * (0.0065) = Reg Fee
(Sales Price + Doc Fee) * (0.0825) = Sales Tax
$$Out The Door$$ = Sales Price + Doc Fee + Reg Fee + Sales Tax
Instructor
Joined: Aug 2003
Posts: 114
Likes: 0
Originally posted by daikon38
As I understand it, Registration in California is 0.65% and Sales Tax (dependent upon county) is 8.25% in most of the Bay Area.
(Sales Price + Doc Fee) * (0.0065) = Reg Fee
(Sales Price + Doc Fee) * (0.0825) = Sales Tax
$$Out The Door$$ = Sales Price + Doc Fee + Reg Fee + Sales Tax
As I understand it, Registration in California is 0.65% and Sales Tax (dependent upon county) is 8.25% in most of the Bay Area.
(Sales Price + Doc Fee) * (0.0065) = Reg Fee
(Sales Price + Doc Fee) * (0.0825) = Sales Tax
$$Out The Door$$ = Sales Price + Doc Fee + Reg Fee + Sales Tax
Does every Acura dealership charge a doc fee? Mine knocked $100 off the MSRP, but then hit me with a $45 doc fee.
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