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Old 05-06-2014, 07:41 PM
 
1 posts, read 1,621 times
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I work in MD and my wife works in NY. I want to buy a new car in NY. The dealer in NY said the total title and registration fee for Maryland is more than $600. Is this true? Also I own a MD plated old car if I transfer the old plate to the new car, the dealer said it will cost around $400. I check the MVA web but can't figure out how much these two cases will cost. Would you please help? Thank you!
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Old 05-07-2014, 08:35 AM
 
Location: Mount Airy, Maryland
9,411 posts, read 5,206,233 times
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Pretty sure that includes sales tax.
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Old 05-07-2014, 09:27 AM
 
Location: Catonsville, Md
207 posts, read 312,054 times
Reputation: 125
Yep, that's right. Taxes, taxes.
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Old 05-07-2014, 10:09 AM
 
2,663 posts, read 2,771,500 times
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The Registration is for two years if I remember correctly. The cost for transferring will vary depending how much time is left on the current registration and what class the current and new car are (weight, 'Multipurpose', etc)
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Old 05-08-2014, 02:26 AM
 
Location: The Triad (NC)
26,846 posts, read 57,851,863 times
Reputation: 29239
Quote:
Originally Posted by houhou View Post
I work in MD and my wife works in NY.
I want to buy a new car in NY.
Where is your legal residence?
Buy, title and register the car there.

Quote:
...said the total title and registration fee for Maryland is more than $600.
Excise tax (title) is 6% of sale amount. ~$10,000 car = $600
Add for plates (registration).

Quote:
Also I own a (currently registered and all legal)MD plated old car...
if I transfer the old plate to the new car...
You still pay excise tax on the new car.
Plus some portion of the registration fees.
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