Vehicle Registration · Excise Tax Calculator · Excise Tax Calculator This calculator will allow you to · estimate the amount of excise tax you will pay on your vehicle. Loading · Loading · Do Not Show Again Close ·

Excise Tax Calculator · The MSRP is the Manufacturer's Suggested Retail Price of your vehicle. The MSRP is the 'sticker price' and NOT necessarily what you paid for the vehicle.

Excise tax is paid at the local town office where the owner of the vehicle resides. When a vehicle needs to be registered, an excise tax is collected prior to the registration. ... Excise tax is calculated by multiplying the MSRP by the mill rate as shown below.

The tax amount is based on the MSRP (manufacturer’s suggested retail price) and the vehicle’s age. Please click ... To calculate excise tax, multiply the per year amount by each thousand dollar of the MSRP. For example, the first year excise tax for a vehicle with an MSRP of $30,000 would ...

The minimum motor vehicle excise is $5. If your calculated excise is less than $5, you will be taxed $5.

Excise Tax is calculated by multiplying the manufacturer's suggested retail price (MSRP) by the mill rate as shown below. The rates drop back on January 1 of each year. For example, a 3-year old car with an MSRP of $19,500 would pay $263.25. ... Excise Tax is paid at the local town office where ...

The amount of the motor vehicle excise due on any particular vehicle or trailer in any registration year is calculated by multiplying the value of the vehicle by the motor vehicle excise rate. That rate is fixed at $25 per thousand dollars of value.

Research estimates of how state House and Senate bills could affect revenues and the Minnesota tax system. ... A $20 vehicle excise tax applies to sales of motor vehicles in applicable cities or counties. Any person in the retail business of selling new or used motor vehicles must collect and ...

The motor vehicle excise for a full calendar year is determined by multiplying the excise rate by the vehicle’s excise value for a given year. That amount is pro-rated for the number of months the vehicle is registered in that year. For excise purposes, the value is not based on the purchase price or “book value” of your vehicle.

3 Vehicle · 4 Excise Tax · Would you like to apply the EITC to your excise tax?* Yes · No · × · You are about to navigate away from this page. Please click 'Yes' button if you have already printed 'Receipt'. Otherwise please click 'Cancel' button to stay on this page to print all required ...

This calculator will allow you to estimate the amount of excise tax and registration cost you will pay on your vehicle.1. Your Vehicle's MSRPThe MSRP is the Manufacturer's Suggested Retail Price of your vehicle.

July 10, 2025 - There are a variety of fees that may need to be collected when registering a vehicle or boat. Below are some examples of what you can expect to pay and some examples of exemptions that may be available. Please Note: Your total will be calculated at the time of checkout and fees are subject to change. To get an estimate of the Excise tax you may be required to pay, please click here to utilize our Excise Tax Calculator.

The original Manufacturer's Suggested Retail Price (MSRP) is multiplied by a factor determined by the age of the vehicle (see chart below). This calculated value is then multiplied by the RMV tax rate of $25.00 per thousand dollars of value (2.5%).

Information on what excise taxes are, who they’re imposed on and what you have to do to comply. Includes links to registration and credits.

Anyone who registers a vehicle in Massachusetts will receive an excise tax bill from the municipality where the vehicle is garaged. The amount of excise tax due is calculated by multiplying the value of the vehicle by the tax rate ($25.00 per thousand dollars of value).

If you know the "sticker price" of a new car you can calculate the tax by subtracting the destination charges and multiplying the remainder by .024. ... A registration fee of $35 and an agent fee of $6 for new vehicles will also be charged for a total of $641.80 to register your new vehicle.

Excise Tax is assessed at a rate of $25 per thousand dollars of taxable value. The value of a motor vehicle is determined by the Commissioner of Revenue, based on the manufacturer's list price (MSRP). Condition and market value are not considered in determining value.

This calculator is for the renewal registrations of passenger vehicles only. Contact (207)283-3303 with any questions regarding the excise tax calculator.

If you believe the value listed on your excise tax bill for your vehicle is incorrect, you will need to contact the Registry of Motor Vehicles excise tax division at (857)368-8180. Excise tax is calculated by month, not by day or week.

Figures are the manufacturers’ list prices for vehicles in their year of manufacture. Present market value, price paid, or condition are not considered for excise tax purposes. The excise tax law (M.G.L. c.60A, s.1) establishes its own formula for valuation for state tax purposes whereby only the manufacturer’s list price and the age of the motor vehicle are considered.