Anyone else have to pay tax on their car's value each year?
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From: MN
Originally Posted by 88bonnsse
Originally Posted by 1995BvSSE
Originally Posted by tumbleweed
I grew up on a farm west of Hannibal so I know you speak the truth. They tax you to death on vehicles.
Do you still have to get an annual inspection? Those are waste of time.
Do you still have to get an annual inspection? Those are waste of time.
we get inspections every single year..
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No inspections or emissions here either 
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No inspections or emmissions here either. Too small a town. The big city 4 hours away does though.
We pay 12% tax plus Luxury tax on top of that when buying new. 7% Provincial sales tax plus 5% (just lowered from 6% Jan.1) Government sales tax.
Luxury tax is:
If $55,000 then additional 1%
$56,000 is +2%
$57,000 or more is +3%
Yearly registration is about $75 plus insurance of about $1500 per vehicle. 5 years safe driving with no claims takes about 40% off your premiums.
We pay 12% tax plus Luxury tax on top of that when buying new. 7% Provincial sales tax plus 5% (just lowered from 6% Jan.1) Government sales tax.
Luxury tax is:
If $55,000 then additional 1%
$56,000 is +2%
$57,000 or more is +3%
Yearly registration is about $75 plus insurance of about $1500 per vehicle. 5 years safe driving with no claims takes about 40% off your premiums.
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