What is the Tax? | FerrariChat
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What is the Tax?

Discussion in '308/328' started by Rareusgold, Sep 16, 2005.

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  1. Rareusgold

    Rareusgold Karting

    Sep 9, 2005
    162
    Florida
    Full Name:
    Rich
    #1 Rareusgold, Sep 16, 2005
    What is the tax that rate in Broward County Florida? Do they give Ferrari owners a break on the tax? LOL
     
  2. Mike328

    Mike328 F1 Rookie

    Oct 19, 2002
    2,655
    Boulder, CO
    Full Name:
    Mike
    #2 Mike328, Sep 16, 2005
    That whole area is around 7%, I believe. And no, no break on tax :). Interesting enough, New Mexico does give a break on tax for vehicle registrations (it was only like 4%).
     
  3. msouza

    msouza Formula Junior

    Mar 14, 2005
    292
    Tennessee
    Full Name:
    Milton Souza
    #3 msouza, Sep 17, 2005
    Sales taxes on vehicle registration in New Mexico is only 3% of the purchase price.

    Milton
     
  4. frogwo

    frogwo Formula Junior

    Jan 15, 2005
    283
    #4 frogwo, Sep 17, 2005
    Sales tax on motor vehicles in Broward County, FL. is 6% on the cash part of the transaction.
    ie. Cost of car 10,000 trade value of old car $4,000 you pay 6% sales tax on $6,000.00 = $360.00.
    Also have title, tag & registration fees and sales tax. on vehicle collected either by dealer or due and payable to Broward County Revenue Collector at time individual registers vehicle.
     

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