Quote:
Originally Posted by Paper1
We are getting ready to purchase a new vehicle this week but a little unsure about taxes and fees the dealer is charging me that go to DMV. Anyone in Sumter County that would be will to share this info with me would be appreciated. I’m not at all interested in personal info I just have a couple add ons I question. Thank You
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When you purchase a new vehicle, here are the mandatory fees from the DMV:
Sales tax, 6 percent plus $50
Title, $85.75
Tag transfer fee, $46.10
Note that, if you trade in a used vehicle, the sales tax is calculated only on the difference between the new car price and the trade value, so you save money by trading. Also, if you do not transfer a tag from another vehicle, you need to get a new tag, which will cost about $300, including the tag, registration, and plate. So, it is cheaper to transfer the tag, if possible.