Quote:
Originally Posted by TrudyM
Most states I have lived in that are without income tax charge Ad Valorem or personal property taxes on cars usually collected when you renew or register the car that are based on the cars value. I believe Florida has no income tax thus inorder to get money they tax what you own real estate and cars I don't know if they have a similar tax on boats and RV trailers but some non income tax states do.
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The high initial registration fee is just that - initial (they changed it - upwards - about 2-3 yrs ago). The renewal is cheap - about $55 per car - not ad valorem. Florida really is cheaper to live in than MOST other states, probably more expensive than some of the southern states such as Alabama, Mississippi and maybe Arkansas. Florida really does want to attract retirees - FL makes their money from the tourists.