DMV Help?

[Pete Masterson]

The $1000 appears to be the "vehicle transfer fee" rather than the
sales/use tax.

If you register a vehicle in California, you have three basic fees:
Registration -- that's based on the value and age of the vehicle. It
starts at 2% for a new vehicle and through a rather complex formula
works its way down to .69% (about 2/3 of 1 percent) for an older
vehicle. The value (may be) based on the depreciated new cost of the
vehicle.

Vehicle Transfer Fee -- a one-time fee based roughly on the market
value of the vehicle at the time of the transfer. It the case that
was being discussed, the vehicle transfer fee should probably have
been in the range of $300 to $400 or so as the "market value" was
incorrectly set at $160,000 or so (for an 84 FC).

Sales/Use Tax -- this is a minimum of 7.25% ranging up to 8.25%
depending on the county where the registered owner lives or where the
vehicle was delivered if purchased in the state. If purchased from an
in-state dealer, the dealer will collect the Sales Tax based on the
net purchase price. If purchased out of state, then the use tax will
be collected by the DMV when you register the vehicle, unless the
transaction is subject to one of the (few) exceptions. You may also
get credit for any sales tax paid to another jurisdiction. For
example, if you simply move from another state to California -- and
didn't buy the vehicle recently -- then you may be exempt from paying
the use tax.

Pete Masterson
'95 Blue Bird Wanderlodge WBDA 42
El Sobrante CA
aeonix1@...



On Jul 13, 2007, at 6:22 PM, krminyl@... wrote:

> Does that thousand bucks include the 7.75% sales tax they
> charge??...I paid
> a fraction of that amount for the DMV fees, but it was the sales
> tax tat
> killed me.



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