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re: How much do you pay for your car tag renewal?
Posted on 2/20/18 at 7:46 pm to natsoundup
Posted on 2/20/18 at 7:46 pm to natsoundup
quote:
But isn't sales tax on a new car capped at $300. When I lived in Greenville, that's what I remember.... I drove older cars so my renewals were always less than $100
Thats what I paid on mine, $300. I believe it changed this year to a percentage but I bought mine the last week of 2016 under the old new vehicle tax rate.
Just looked it up, changed in July of 2017
![](https://images.tigerdroppings.com/Images/Icons/Iconbanghead.gif)
quote:
New Vehicle-Related Fee Beginning July 1, 2017 Beginning July 1, 2017, people who purchase vehicles in South Carolina will owe a new type of fee instead of paying a sales tax. Due to legislation commonly referred to as the Roads Bill, if you buy or lease a vehicle, trailer, semi-trailer, or other automobile on and after July 1, 2017 that will be titled and/or registered in this state, you will owe an Infrastructure Maintenance Fee (IMF) instead of sales tax. The IMF is in addition to applicable title and registration fees and property taxes. You will not be able to title or register the item until you pay the IMF. The amount of IMF you owe is based on the sale price of the item you buy. You will owe 5% of the purchase price, but it will be no more than $500. If you purchase an item that is $9,999 or less, your IMF will be 5% of the sale price. If it is $10,000 or more, you will owe $500.
This post was edited on 2/20/18 at 7:49 pm
Posted on 2/20/18 at 8:03 pm to AUTimbo
2017 Ford F-150 $1032 South Carolina
This post was edited on 2/20/18 at 8:04 pm
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