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Old 08-02-2020, 10:08 AM
 
Location: Woodbury, MN
1,663 posts, read 1,738,270 times
Reputation: 2488

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Is it better to buy a new car after moving to Florida? If we buy a new car before moving to Florida, we have to pay about $400 to $600 to transfer the registration to Florida. Plus a big ticket item, you have to pay the difference in sales tax for items purchased within six months, if Florida has a higher sales tax. Are those high registration fees also part of the cost when you buy a new car in Florida? Would it be better to buy a new car out of state, or wait until we are Florida residents?
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Old 08-02-2020, 10:16 AM
 
Location: Niceville, FL
8,882 posts, read 17,436,648 times
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Florida gets you on the initial license plate charge/pound of flesh whether you're buying new down here or bringing down a vehicle you long had in your old garage in the frozen hinterlands. The nice thing is that once you pay it, it's a much smaller fee to transfer the plate to a subsequent vehicle when you decide to trade in what you have for something new to you.

Sales tax differences, you have to run the numbers yourself. Also account for dealer fees (often high here, not sure how they are where you are) and any cost of getting the vehicle down here to get the full cost of buying either way.
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Old 08-02-2020, 10:23 AM
 
175 posts, read 28,353 times
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It all depends on the COST of the car/truck in the deal, right? If you can buy the same car cheaper where you are, then do that or vice versa -


You might be able to buy the same car ONLINE and have it shipped free to you door in FL
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Old 08-02-2020, 05:14 PM
 
Location: Woodbury, MN
1,663 posts, read 1,738,270 times
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Quote:
Originally Posted by beachmouse View Post
Florida gets you on the initial license plate charge/pound of flesh whether you're buying new down here or bringing down a vehicle you long had in your old garage in the frozen hinterlands. The nice thing is that once you pay it, it's a much smaller fee to transfer the plate to a subsequent vehicle when you decide to trade in what you have for something new to you.

Sales tax differences, you have to run the numbers yourself. Also account for dealer fees (often high here, not sure how they are where you are) and any cost of getting the vehicle down here to get the full cost of buying either way.
That’s interesting, the license plate is transferred to your new vehicle, when you eventually buy a replacement vehicle in Florida. When we buy new vehicles in Minnesota, the new vehicle gets a new license plate. The old vehicle keeps the old license plate. The only reason that you’d transfer the license plate from the old car, to the replacement new car is if the license plate was a custom license plate.
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Old 08-03-2020, 06:41 AM
 
134 posts, read 37,922 times
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They also keep a record of the tags you paid for. For example, when I moved to Florida I had three cars for which I paid the high new tag fee . I sold one of the cars and turned in the tag. I recently bought another third car and got a new plate but didn't pay the new tag fee because of the tag I had previously.
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Old 08-03-2020, 07:11 AM
 
Location: Woodbury, MN
1,663 posts, read 1,738,270 times
Reputation: 2488
Quote:
Originally Posted by HarryWhom View Post
They also keep a record of the tags you paid for. For example, when I moved to Florida I had three cars for which I paid the high new tag fee . I sold one of the cars and turned in the tag. I recently bought another third car and got a new plate but didn't pay the new tag fee because of the tag I had previously.
Does that condition expire? For example, if you sell a car that you paid the one-time registration fee, then buy a replacement car in 1, 5, or 10 years later, does that large registration fee expire after some point in time, so you'd be stuck paying the high registration fee again? I assume that you can't transfer or sell that high registration fee to anyone else.
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Old 08-04-2020, 04:21 AM
 
134 posts, read 37,922 times
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In my case it was 8 years. I can't answer the rest of your question but I'm sure the DMV can.
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