Dear Taxpayer...

In ohio we just pay sales take one time then a yearly reg,fee about 35$
definitly wont be retiring in the carolinas

 

you're paying more than GA http://www.commonsensejunction.com/notes/gas-tax-rate.html

 

all this info is pretty helpful to me. I'm new at being a classic car owner in NC. oh yea, and NC definitely sucks! - but the roads are some of the best in the country. (is it worth it? is it really worth it?)

 

I've been hearing about this for some time, but not the tax on gasoline, it's the tax on diesel. From what I understand the various revenue departments set there fuel taxes for a certain MPG. Now since the Feds have made all autos get better fuel mileage, and with higher prices people drive less or take the auto that gets the best fuel mileage, so the fuels tax suffers loss. Add to this the fact that money has been siphoned off the highway fund to build walking trails, train stations, plant shrubbery and landscaping, and even fund parks. The highways are falling apart and there's no money to fix them because they have already spent it, and the public wants to know why! So they start looking for new things to tax to create revenue to replace what they stole. So now that want to tax your classic car again, even though they told you in the past it would never be taxed again. And you can be sure that they will look for other things to tax, too. We see this kind of thing in the trucking industry all the time. The fuel tax isn't enough so they want to add a weight distance tax, based on how heavy your load is and how far you travel. Or they want to charge more tax based on the time of day you travel, a peak period tax. It's a missapproation of funds that has caused the shortages, and it's not a party thing, it's all of them. It's easy to spend somebody else's money. Hope this isn't too political, but it is the true explaination of why they want more tax money from us. I'll get down off my soapbox now!:rant:

 

That is why I stated it's not one parties fault, it is all of them together. Not going to single anybody out, it's a common thing all across the country.


As for what it cost to drive a classic car, in Alabama if it is over 30 years old, it qualifies for a "Classic vehicle" tag, which is $25 , no taxes, and is good for the life of the car or your ownership of it. Liability insurance is required. Supposedly, if you have a classic vehicle tag, you are limited to driving to shows, cruises, or to repair shops. No everyday driving, or driving to work, but this is not enforced. With a regular tag, you pay for the tag, again $25, maybe a $1 or $2 school tax, and maybe a ad valorem {personal property} tax of a few bucks. Again, liability insurance is required, but there is no limits on driving . Tax varies per gallon, but not counting local taxes gas is 38.6 per gallon, diesel is 45.6. Here is a link to a site with all the states fuel tax prices
http://www.alabamagasprices.com/Tax_Info.aspx
If you drive a classic car say 2000 miles a year, at say 15 MPG, you'd pay about $51 a year in gas tax. So in my case, $51 gas tax + $110 insurance + X [the amount of the original cost of the tag, which will go down each year since you are not buying a new one every year] =a little over $161 a year, but not more than $186 which would be the first year. Hope taht is clear as mud!

 

Here in Virginia I had to pay $10 to get a lifetime "tag" I use 1972 tags so its called vintage not Antique. I pay about $6 personal property taxes and thats it.I think the lifetime tags have gone up to 50 or 60 now though.

 

In Oklahoma, there is no "personal property" tax on vehicles. Taxes are paid when transferring the title. The only yearly cost is the yearly tag. For Mavericks, that's about $35 a year or so. If there is a car on your property that is not tagged, there is no tax on it.