Any Alabama full-timers?
If so, please help me with this question. Approximately how much does it cost per year to renew your tag, including any ad valorem taxes? Are there any other annual fees that I might not be aware ...
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From Kiplinger:
"Car sales are taxed at 2% by the state (half of the general tax), and municipalities can add to that, with the maximum local levy at 5.25%. Most vehicles are subject to an annual property tax, with rates set by municipality. The levy applies even to vehicles not used on the road.
In Shelby County, for example, the tax on a private passenger vehicle valued at $16,800 would be approximately $124 per year."
Link
You'll also want to check into the legal requirements for establishing legal domicile there - some states are easier or more difficult than others.
Rob
"Car sales are taxed at 2% by the state (half of the general tax), and municipalities can add to that, with the maximum local levy at 5.25%. Most vehicles are subject to an annual property tax, with rates set by municipality. The levy applies even to vehicles not used on the road.
In Shelby County, for example, the tax on a private passenger vehicle valued at $16,800 would be approximately $124 per year."
Link
You'll also want to check into the legal requirements for establishing legal domicile there - some states are easier or more difficult than others.
Rob
