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Old 03-30-2020, 06:45 PM
 
5,558 posts, read 4,905,589 times
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Quote:
Originally Posted by OneDawg View Post
True dat. Before 2013, GA had an ad-valorem tax similar to Wyoming and Montana. My tags for the 2010 pickup was still over $250. After I traded it in 2014 however my new plate was $20 and every year since.
What is an Ad-valorem tax?
Did you trade in your 2010 pickup for an older model in 2014?
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Old 03-31-2020, 02:54 PM
 
Location: Aishalton, GY
1,452 posts, read 1,370,944 times
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The term ad valorem is derived from the Latin ad valentiam, meaning "to the value." It is commonly applied to a tax imposed on the value of property. Real property taxes that are imposed by the states, counties, and cities are the most common type of ad valorem taxes. ad valorem taxes can, however, be imposed upon personal property. For example, a motor vehicle tax may be imposed upon personal property such as an automobile.



https://dor.georgia.gov/motor-vehicl...ad-valorem-tax


No, I went with a 2014 model. The plates are $20 to the state. The sales tax is 6.5% for new vehicles. Normally the sales tax is 7%. So, they got the older, stinky vehicles off the road and into scrapyards. Nearly all used vehicles spend 80-90 days on the lot and then go to auction.
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Old 04-01-2020, 12:28 AM
 
5,558 posts, read 4,905,589 times
Reputation: 2787
Quote:
Originally Posted by OneDawg View Post
The term ad valorem is derived from the Latin ad valentiam, meaning "to the value." It is commonly applied to a tax imposed on the value of property. Real property taxes that are imposed by the states, counties, and cities are the most common type of ad valorem taxes. ad valorem taxes can, however, be imposed upon personal property. For example, a motor vehicle tax may be imposed upon personal property such as an automobile.



https://dor.georgia.gov/motor-vehicl...ad-valorem-tax


No, I went with a 2014 model. The plates are $20 to the state. The sales tax is 6.5% for new vehicles. Normally the sales tax is 7%. So, they got the older, stinky vehicles off the road and into scrapyards. Nearly all used vehicles spend 80-90 days on the lot and then go to auction.
Thanks
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