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      02-09-2013, 07:25 PM   #1
tony20009
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Car Tax

I've seen a lot of folks on here mention what they pay for their BMWs, so I know we get a good deal here in the US, when compared to many other countries. I'm just curious and would like to hear from folks in non-US countries what they would have to pay for a BMW with vs without their country's taxes. I'd also be curious to know if your respective country has an automobile industry.

We pay taxes here on our cars, but the taxes aren't even a consideration in determining how much one can spend. It's strange to me that other countries have such high car taxes, particularly if they aren't protecting a domestic auto industry.
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      02-10-2013, 04:08 AM   #2
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In norway car tax is based on weight, CO2 and HP. So a 335 cost about $30000 more than a 328, which cost $ 30000 more than a 320d. Sick, but thats literally the price to pay not to have a budget deficit.
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      02-10-2013, 04:55 AM   #3
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In the UK the cars are subject to 20% VAT (Value added Tax), I think similar concept to Sales Tax in US.

On top of this, usually included in the On the Road (OTR) prices is a one off 80 car registration fee and the Manufacturer's delivery charge (700 for BMW)

After that, the Cars are then subject to an annual VED (vehicle excise duty). this is in several bands dependent on the CO2 emmisions of the car. (historically this used to be based on engine sizes) So for example a

320d (Band B) 30 ($47) per annum
335i (Band J) 250 ($395) per annum


320D MSport
Base Price is 25,525 ($40,319)
VAT is 5105 ($8064)
Retail is 30,630 ($48,383)
OTR is 31,410 ($49,615) with annual Road Tax 30 ($47)

335i MSport
Base Price is 30,525 ($48,217)
VAT is 6105 ($9643)
Retail is 36,630 ($57,861)
OTR is 37,870($59,819) with annual VED 250 ($395)
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      02-10-2013, 05:28 AM   #4
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The main one's in Australia are:
- GST ("Goods and Services Tax" - consumption tax similar to VAT at 10%)
- LCT ("Luxury Car Tax" - 33% for each dollar over ~$57K")
- Import duty
- State Government stamp duty - varies from state to state and levied on the final price.

Plus OTR costs.

Examples from drive.com.au:

BMW 530i
Recommended retail price: $113,500 ($117,064 USD)
GST: $9369
LCT: $10,440
*Import duty (est): $7495
Total taxes: $27,304
Price without tax: $86,196
Tax as % of RRP: 24%
*Stamp duty: $4775


Porsche 911 Turbo
Recommended retail price: $334,400 ($345,003 USD)
GST: $25,732
LCT: $51,348
*Import duty (est): $20,585
Total taxes: $97,665
Price without tax: $236,735
Tax as % of RRP: 29%
*Stamp duty: $15,820


Yes we have a local car industry.
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Last edited by dcg71; 02-10-2013 at 05:43 AM.
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      02-10-2013, 09:39 AM   #5
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In Holland a new base 320i costs €35.990,- That's about $48,000
This is the absolute base model, without any package or options. A "normal" 320i with a few options costs about €45.000,-. That's $60,000

This prices includes all taxes: 21% VAT + "BPM" (depending on CO2 emission).
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      02-10-2013, 10:54 AM   #6
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In China the import duty is usually 100% of the car's MSRP...it's crazy.
Starting price for the 3 series (320i) is about $50,000 USD. Add another $6000 if you want the sport line.
A standard 335xi no line (with some standard options like premium, tech, it's not fully loaded) costs about $100,000 USD.
Active Hybrid 3 starts at $105,000 (almost no options)
Oh...did I mention the price does not include dealer fee, other taxes, and plates?(if you live in a big city, getting a license plate would cost you around $2k )
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      02-10-2013, 12:02 PM   #7
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My 120d will cost me $82,300. Car tax amounts to $19,000 and VAT is another $12,600. So that's $50,700 completely without taxes.
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      02-10-2013, 07:59 PM   #8
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Open Market Value (vehicle dependent, cost of car).....S$55,000 (335i) / S$43,000 (328i)
Registration Fee............................................... ......S$140 (flat)
Additional Registration Fee.......................................100% of OMV
Excise Duty.............................................. .............20% of OMV
Goods and Services Tax...........................................7% on OMV and Excise Duty
Certificate of Entitlement (demand/supply driven).........S$95,000 (currently) > infamous car population control, need this paper before even buying any car
Road Tax (depending on car engine size in cc)..............roughly S$1,000 to S$2,500 (per year)

Govt tax & dealer margin, will be approximately (based on 335i) 438%

SGD/USD exchange rate SGD1.30 = USD1.00

No local car industry to protect

How it hit our pocket... (list price with everything above included, excluding insurance)

328i Sport - S$247,800 / US$190,615
335i Sport - S$295,800 / US$227,538

M-sport is additional S$6,500 / US$5,000

Last edited by kon; 02-10-2013 at 08:12 PM.
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      02-10-2013, 08:28 PM   #9
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The taxes aren't necessarily intended to protect a native industry. They're to support the economy and help prevent having a $16 trillion national debt with nothing to show for it.

Taxes aren't very popular in the US which is precisely why the entire infrastructure of our beloved country is falling apart...
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      02-11-2013, 08:59 AM   #10
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Quote:
Originally Posted by BavarianFanatic
The taxes aren't necessarily intended to protect a native industry. They're to support the economy and help prevent having a $16 trillion national debt with nothing to show for it.

Taxes aren't very popular in the US which is precisely why the entire infrastructure of our beloved country is falling apart...
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      02-11-2013, 09:24 AM   #11
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Norway

BMW 328i:
In store: 99600 dollars
Environment tax: 43223 dollars
VAT: 19921 dollar

Without any taxes the car would have costed 36456 dollars in Norway
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      02-11-2013, 09:53 AM   #12
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I feel bad for the Belgians when I go to my local dealership and see the showroom 316d priced quite a bit higher (With VAT) than I paid for my 335. They have a standard 20% VAT on new cars. I do have to pay the annual road tax, and for a 3.0 liter engine is around €750.

http://www.autoscout24.eu/Details.as...000000&asrc=st
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      02-11-2013, 10:00 AM   #13
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Exclamation

Quote:
Originally Posted by tony20009 View Post
I've seen a lot of folks on here mention what they pay for their BMWs, so I know we get a good deal here in the US, when compared to many other countries. I'm just curious and would like to hear from folks in non-US countries what they would have to pay for a BMW with vs without their country's taxes. I'd also be curious to know if your respective country has an automobile industry.

We pay taxes here on our cars, but the taxes aren't even a consideration in determining how much one can spend. It's strange to me that other countries have such high car taxes, particularly if they aren't protecting a domestic auto industry.
As a general rule, Indonesians are paying approx 200% more of what Americans are paying for a similarly equipped car. 100% to 150% if the car is assembled inside in Indonesia. Oh how I miss living on the other side of the Pacific..
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      02-11-2013, 10:11 AM   #14
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Quote:
Originally Posted by tony20009 View Post
I've seen a lot of folks on here mention what they pay for their BMWs, so I know we get a good deal here in the US, when compared to many other countries. I'm just curious and would like to hear from folks in non-US countries what they would have to pay for a BMW with vs without their country's taxes. I'd also be curious to know if your respective country has an automobile industry.

We pay taxes here on our cars, but the taxes aren't even a consideration in determining how much one can spend. It's strange to me that other countries have such high car taxes, particularly if they aren't protecting a domestic auto industry.
You need to make a distinction between sales tax and import tax, as well as other taxes that come into the equation but that may not be obvious to the end buyer. In most countries the sales tax is only part of the taxes on a car.
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      02-11-2013, 10:14 AM   #15
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Quote:
Originally Posted by dcg71 View Post
Yes we have a local car industry.
That's a matter of debate...
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      02-11-2013, 10:24 AM   #16
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Quote:
Originally Posted by BavarianFanatic View Post
The taxes aren't necessarily intended to protect a native industry. They're to support the economy and help prevent having a $16 trillion national debt with nothing to show for it.

Taxes aren't very popular in the US which is precisely why the entire infrastructure of our beloved country is falling apart...
Taxes are high in the US. Do you own real property in SE PA? If you do, you know taxes are high. Come on. I don't think you'll see a lot of people paying 20k a year in tax for a single family house in Europe. I know, I've lived in both places.

When you consider the big picture, we actually pay a fair amount of taxes in the US. A lot of it is local.

You need to look elsewhere for why the national debt is so high... *cough*war*cough*army*cough* but this is a taboo topic around here.
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      02-11-2013, 10:52 AM   #17
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Quote:
Originally Posted by olemartin View Post
Norway

BMW 328i:
In store: 99600 dollars
Environment tax: 43223 dollars
VAT: 19921 dollar

Without any taxes the car would have costed 36456 dollars in Norway
This is incorrect. You assume that the VAT is calculated from the entire price of the car, but there's no VAT on the fixed tax. Given that the other numbers are correct, the price including 25 % VAT is 99,600-43,223 = 56,377 which means that the VAT amounts to 11,275. So the price of the car - completely without taxes - would be 99,600-43,223-11275 = $45,102
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      02-11-2013, 11:29 AM   #18
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Quote:
Originally Posted by Bradbury View Post
This is incorrect. You assume that the VAT is calculated from the entire price of the car, but there's no VAT on the fixed tax.
You are right, thanks! For alcohol, there is VAT on the taxes :-)
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      02-11-2013, 12:28 PM   #19
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Quote:
Originally Posted by Tsuvoi View Post
Taxes are high in the US. Do you own real property in SE PA? If you do, you know taxes are high. Come on. I don't think you'll see a lot of people paying 20k a year in tax for a single family house in Europe. I know, I've lived in both places.

When you consider the big picture, we actually pay a fair amount of taxes in the US. A lot of it is local.

You need to look elsewhere for why the national debt is so high... *cough*war*cough*army*cough* but this is a taboo topic around here.
I'm not saying taxes are "low". Just that they aren't levied in such a way that they'll support the infrastructure. We've enjoyed just about the cheapest fuel in the civilized world for decades. Registration costs are pretty much inconsequential. The current method of trying to fund the necessary maintenance and repairs from the general fund isn't doing the trick. I personally would not mind paying a bit more if I knew every penny I kicked in was going to be funneled directly back into the road system.

I personally like the methods that either tax based on actual usage, engine displacement or other objective means that have a more or less linear correlation to "consumption" of the highways and byways. Our attempts to levy higher taxes on those causing the most harm in the US, heavy trucks, has backfired since now EVERY citizen has to pay a damn premium regardless of weight class. Diesel is hands down the perfect elixir for our fuel economy woes. But the tax structure negates the great majority of the savings.

And yeah, I know the reasons for the national debt are way beyond this. Those you mentioned are high on the list. Along with a multitude of others. Even when there is an infrastructure project of some sort, it costs 3x what is should because of all of the prevailing wage and PLA requirements.

Sorry for the OT!
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      02-11-2013, 01:00 PM   #20
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I am in US now but in my home country Turkey there are huge taxes on cars based on displacement when buying and also yearly.

<1.6 65%
1.6L-2.0L 112%
>2.0L 270%

328i base= $81k less eqipmment than US base
328i well equipped= $134k
annual tax for 328i =$1500
Gas price=$14/gallon (worlds highest)

335i is not offered with the 270% tax rate. It would be over $100k for base model and well equipped would be close to 200K
It has an annual tax of $3000 since it is 3.0L.

Most expensive Bmw in Turkey
M6 (no options) is $366.000 (230k of it is tax) + annual tax of $9.000
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      02-11-2013, 02:10 PM   #21
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Quote:
Originally Posted by pallymore View Post
In China the import duty is usually 100% of the car's MSRP...it's crazy.
Starting price for the 3 series (320i) is about $50,000 USD. Add another $6000 if you want the sport line.
A standard 335xi no line (with some standard options like premium, tech, it's not fully loaded) costs about $100,000 USD.
Active Hybrid 3 starts at $105,000 (almost no options)
Oh...did I mention the price does not include dealer fee, other taxes, and plates?(if you live in a big city, getting a license plate would cost you around $2k )
Yes. Your information is correct. My dad was just checking out the 525Li which is equivalent to 528Li it costs 110k out of door. Taxes are crazy. And there are two option to obtain a license plate in the major big cities. Either you bid for it or wait for being chosen among thousands of people.
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      02-11-2013, 02:10 PM   #22
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I thought UK was bad at approximately $8.46 per us gallon (£1.40 per litre)
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