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G30 (2017 - Current)
The next generation 5 Series, chassis code G30, arrives at dealers in February 2017. Looking like a scaled down 7 Series and riding on the CLAR platform, the new 5 Series will have a focus on lightweight and sporty performance. Engines options will come from BMW's new B family for the 530 and 540 and a turbocharged V8 for the M550i. Read more about the 2017 5 Series

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  #1  
Old 12-10-2019, 02:15 PM
BradN BradN is offline
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IA joins 20 other states with additional taxes for e-cars

I received my registration renewal today for my 530e to the tune of $588... plus, a note informing me that I would also be assessed an additional $130 because I drive a hybrid. The note says that the state receives little to no revenue from electric vehicles.

Considering I only get about 12 miles of no-fuel travel per charge, and only get about 31 mpg when on the highway, I hardly believe they're reaping little to no revenue from my 530e and already exorbitant annual registration fee of almost $600.

Here is a link to an article if anyone is interested: https://siouxcityjournal.com/news/st...07ac0768c.html
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  #2  
Old 12-10-2019, 03:17 PM
BobinIl BobinIl is offline
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Wow, that's really steep. I'm a former Iowan and I hadn't realized renewal fees were so high in the Hawkeye state.
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  #3  
Old 12-10-2019, 03:23 PM
BradN BradN is offline
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Yea, I guess it was passed last April, but I didn't hear about it until I got the note in my renewal. I wouldn't be opposed if I were driving a full-on electric, like a Tesla, but this looks like an opportunity to gouge. Precisely why I left IL!
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Old 12-11-2019, 08:51 AM
RLSinCO RLSinCO is offline
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I don't disagree that is kind of crappy....but here in Colorado vehicle registration is outrageous. My 2019 M550 had an MSRP of $96,000 (yes, was fully loaded). I paid over $2,000 in vehicle registration.

I used to own an ActiveHybrid 3. I got a letter in the mail from the department of motor vehicle registration asking me if my car had a plug-in for electricity (it did not). I found out that if it had, I would have been charged an additional tax on it. Stupid and contrary to electric vehicles being good for the environment.

Oh, and I should add....Colorado had an HOV exemption program for all-electric and hybrid cars that met EPA high mileage requirements. I filed and received a pass for my ActiveHybrid 3. I used the HOV every day on my commute for work and hated to give it up when I transferred into the M550. One year later - they ended the HOV exemption program....for ALL vehicles. I guess going green isn't cool anymore. Not that I'm a super tree hugger or anything, just interesting that those subsidies and programs including Federal and State tax breaks are going away.

Last edited by RLSinCO; 12-11-2019 at 08:53 AM.
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Old 12-11-2019, 09:29 AM
LogicalApex LogicalApex is offline
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Quote:
Originally Posted by RLSinCO View Post
I don't disagree that is kind of crappy....but here in Colorado vehicle registration is outrageous. My 2019 M550 had an MSRP of $96,000 (yes, was fully loaded). I paid over $2,000 in vehicle registration.

I used to own an ActiveHybrid 3. I got a letter in the mail from the department of motor vehicle registration asking me if my car had a plug-in for electricity (it did not). I found out that if it had, I would have been charged an additional tax on it. Stupid and contrary to electric vehicles being good for the environment.

Oh, and I should add....Colorado had an HOV exemption program for all-electric and hybrid cars that met EPA high mileage requirements. I filed and received a pass for my ActiveHybrid 3. I used the HOV every day on my commute for work and hated to give it up when I transferred into the M550. One year later - they ended the HOV exemption program....for ALL vehicles. I guess going green isn't cool anymore. Not that I'm a super tree hugger or anything, just interesting that those subsidies and programs including Federal and State tax breaks are going away.
Is that $2K annually??
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Old 12-11-2019, 04:00 PM
Bebespapa Bebespapa is offline
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I noted earlier that Wisconsin started additional fee for 2020 registrations. Ours was a additional $75 for a total of $160 on our 18 530e Xdrive. Guess I won't complain to much though. If we still lived in Minnesota, it would have been about 600+. With no additional fee so far.
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Old 12-12-2019, 07:06 AM
jjsC6 jjsC6 is offline
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Old 12-12-2019, 07:48 AM
RLSinCO RLSinCO is offline
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Originally Posted by LogicalApex View Post
Is that $2K annually??
It goes down slightly each year as the vehicle depreciates....next registration will probably be around $1,650

I'm still waiting for our tax revenues from legalized marijuana sales to help offset these, but somehow we don't seem to be seeing the benefits of over $1,182,569,665 collected so far
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Old 12-12-2019, 08:24 AM
LogicalApex LogicalApex is offline
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Originally Posted by RLSinCO View Post
It goes down slightly each year as the vehicle depreciates....next registration will probably be around $1,650

I'm still waiting for our tax revenues from legalized marijuana sales to help offset these, but somehow we don't seem to be seeing the benefits of over $1,182,569,665 collected so far
Wow... I will stop complaining about the $5 increase in PA annual registration costs to push us to $35/year.
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Old 12-12-2019, 02:41 PM
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jdeday jdeday is offline
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Quote:
Originally Posted by LogicalApex View Post
Quote:
Originally Posted by RLSinCO View Post
It goes down slightly each year as the vehicle depreciates....next registration will probably be around $1,650

I'm still waiting for our tax revenues from legalized marijuana sales to help offset these, but somehow we don't seem to be seeing the benefits of over $1,182,569,665 collected so far <img src="http://s1.bimmerfest.com/forums/images/smilies/tongue3.gif" border="0" alt="" title="Stick Out Tongue" class="inlineimg" />
Wow... I will stop complaining about the $5 increase in PA annual registration costs to push us to $35/year.
I believe Colorado has a maximum sales tax on an automobile purchase of $525. Is that correct?
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Old 12-12-2019, 07:42 PM
LogicalApex LogicalApex is offline
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Originally Posted by jdeday View Post
I believe Colorado has a maximum sales tax on an automobile purchase of $525. Is that correct?
It still works out to being quite a lot more expensive than what we deal with in PA. From my quick read of how it works in Colorado they have a "Specific Ownership Tax" that is basically like a property tax on cars (and other taxes too) that is charged every year based on the MSRP of the car when new. That was over $1500/y for my 530e according to a calculator on Boulder, CO website.

In PA we have sales tax (6%-8% depending on where in the state) paid once and annual registration at $35/y.
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Old 12-12-2019, 08:07 PM
Autoputzer Autoputzer is offline
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Virginia used to have a ~4% annual property tax on motor vehicles, based on the Kelley Blue Book value. I left there in 1994. After that they enacted what could best be called a "hooptie exemption" where the first $20k of a car's value is not taxed.

In Floriduh, there's a 6% state sales tax and a $25 county tax on the purchase, and a one-time, transferable registration fee of ~$250. You don't have to pay the fee if you transfer tags from one car to another. But, it you put another car on the road you pay up.
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