Live in Georgia; register in Georgia?
I am selling my class A to an RVing newbie, who is wondering where to register the coach. She lives in Georgia, but is thinking of trying to register it in North Carolina to save some fees. I'm not ev...
Forum Discussion
Motor Vehicle transfers in Georgia are subject to a "title tax". It is about 8% of the vehicle value, and takes the place of all current and future ad valorem (property) taxes on the vehicle, and every year after the first year, you only pay the $20 tag fee. This applies to all transactions both dealer and private party sales. There are no sales taxes charged. If you have a vehicle titled under the old system, prior to the "title tax", you continue to pay the yearly $20 tag fee plus the ad valorem tax calculated on the value of the vehicle and the local county/municipal/fire/school/etc millage rate. When a vehicle under the old system is transferred to another person, it then moves to the new "title tax" system.
The percentage of tax is reduced under certain circumstances, such as transfer to certain specified relatives.
non-motorized "vehicles" such as trailers do not pay the "title tax", they pay under the old system, tag fee and ad valorem tax each year.
If the Georgia resident buyer owns a S&B house on which they have a homestead exemption, they stand a very good chance of losing the homestead exemption if local tax officials discover they have vehicles registered elsewhere (out of state) or even to a different address within the state
As others have noted, give no advise to the buyer, remove your Georgia tag from the vehicle, and notify your county tax commissioner that you have transferred the vehicle to another person.
Charles
Charles
The percentage of tax is reduced under certain circumstances, such as transfer to certain specified relatives.
non-motorized "vehicles" such as trailers do not pay the "title tax", they pay under the old system, tag fee and ad valorem tax each year.
If the Georgia resident buyer owns a S&B house on which they have a homestead exemption, they stand a very good chance of losing the homestead exemption if local tax officials discover they have vehicles registered elsewhere (out of state) or even to a different address within the state
As others have noted, give no advise to the buyer, remove your Georgia tag from the vehicle, and notify your county tax commissioner that you have transferred the vehicle to another person.
Charles
Charles
