registration
04-15-2007, 08:08 PM
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registration Does anyone understand this. To me this is a bunch of gibberish
The variable fee comes in the form of the vehicle license tax (VLT), which is assessed instead of the personal property tax that many other states charge. It is based on the manufacturer's base retail price of the automobile, but takes into account amortization, so you will pay a little less to register your vehicle each year.
If you are interested in the math, it is best to work with an example. Let's say you bought your car for $25,000. The MVD will take 60% of that value and reduce it 16.25% for each year that the vehicle has been registered in Arizona (the state will depreciate it only 15% if it was registered before August 1, 1998). The MVD then divides that number by 100. The quotient is multiplied by $2.80 if it is a new vehicle and $2.89 if it is a used vehicle. So your $25,000 automobile would have a VLT of $420 in the first year and $363.06 in the second.
i'm tring to figure out how much it would cost to register my ss in az
The variable fee comes in the form of the vehicle license tax (VLT), which is assessed instead of the personal property tax that many other states charge. It is based on the manufacturer's base retail price of the automobile, but takes into account amortization, so you will pay a little less to register your vehicle each year.
If you are interested in the math, it is best to work with an example. Let's say you bought your car for $25,000. The MVD will take 60% of that value and reduce it 16.25% for each year that the vehicle has been registered in Arizona (the state will depreciate it only 15% if it was registered before August 1, 1998). The MVD then divides that number by 100. The quotient is multiplied by $2.80 if it is a new vehicle and $2.89 if it is a used vehicle. So your $25,000 automobile would have a VLT of $420 in the first year and $363.06 in the second.
i'm tring to figure out how much it would cost to register my ss in az
04-15-2007, 08:22 PM
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so the suggested retail of my car is 14,250 so i take 60% of that and reduce it by 16.25% for ever year its been register in az which is none cause i'm moving there. so it would cost me 247.09 for the first year