In many states, we get a yearly excise tax bill based on a valuation on our cars. In MA, our system is very top loaded on new cars and drop off significantly each year. I imagine this is the case in other states. Trust me, if you're in a state without excise tax, consider yourself very lucky. Last year I was completely shocked when I received my first excise bill for the CX-9. It's the first really expensive car I ever bought so I had no idea that the state would fleece people like this. Before this, I never owned a car worth more than $15K. The CX-9 is a $44K vehicle. It was just under $1000 excise! Keep in mind, this is right after paying nearly $3,000 to the state in sales tax. Talk about a system that says "don't you dare support the economy and buy a new car that is also better for the environment than your old clunker"! Just got the 2nd year bill and it's almost $700.
It's government crap like this that is a disincentive to buy new when on the other hand the government would prefer you buy new for the economy. I know they think another $1,000 bill is no problem for the guy that just bought a $44K vehicle, but really it is a big chunk of extra money to come up with and it's due 30 days after issue.
I think I heard it's bad in California and some other states. So what have you guys had to pay?
It's government crap like this that is a disincentive to buy new when on the other hand the government would prefer you buy new for the economy. I know they think another $1,000 bill is no problem for the guy that just bought a $44K vehicle, but really it is a big chunk of extra money to come up with and it's due 30 days after issue.
I think I heard it's bad in California and some other states. So what have you guys had to pay?