Car Payment Calculator, Car Affordability Calculator, NADAguides, car tax calculator.#Car #tax #calculator


Car Payment and Affordability Calculator

When you’re in the market for new or used cars, it can get rather daunting when you have no idea where to start. One of the keys to a successful car purchase is knowing what you can afford. This car payment calculator takes all the hard work out of making a sound financial decision. Simply enter in your desired monthly payment or vehicle price and it will return your results. In addition to finding results, we will present you with a list of recommended vehicles that is tailored to your budget.

Car tax calculator

Car tax calculator

Car tax calculator

Car tax calculator

Car tax calculator

Car tax calculator

Car tax calculator

Car tax calculator

Car tax calculator

Car tax calculator

Car tax calculator

Car tax calculator

Car tax calculator

Car tax calculator

Car tax calculator

Car tax calculator

Car tax calculator

Car tax calculator

Car tax calculator

Car tax calculator

Car tax calculator

Car tax calculator

Car tax calculator

Car tax calculator

Car Payment and Affordability Calculator Help

Auto Ownership Education Center

This tool provides estimated monthly payments and estimated APRs for illustrative purposes only. Actual price and payments may be different due to local rebates, specials, fees, and credit qualifications. Consult your dealer for actual price, payments, and complete details.

Pricing shown may exclude a document fee, destination/delivery charge, taxes, title, registration, service contracts, insurance or any outstanding prior credit balances. Optional equipment not included. Option pricing is based on the manufacturer’s suggested retail price.

For purposes of calculating your monthly payment, the estimated Manufacturer’s Suggested Retail Price (MSRP) was used. Not all terms are available in all areas. Terms may vary based on creditworthiness.

The price shown is for qualified, eligible customers. Actual dealer price will vary.

Many variables, including current market conditions, your credit history and down payment will affect your monthly payment and other terms. See your local dealer for actual pricing, annual percentage rate (APR), monthly payment and other terms and special offers. Pricing and terms of any finance or lease transaction will be agreed upon by you and your dealer.

The estimated monthly payment is based upon the credit rating of 800.

An APR is the cost of your credit as a yearly rate. User APR Payment calculations are based an APR and term. The initial APR is provided for estimation purposes only and you may change it at any time. However, you may not be able to finance your vehicle at this rate. See your local dealer for details and actual available terms and conditions.

You may not be able to finance your vehicle at the rate provided.

Incentives and Rebates

Incentive and finance offers shown may not be available to all customers. Incentives lists are examples of offers available at the time of posting and are subject to change.

Not all incentives can be redeemed together. To take advantage of rebates, incentives and/or financing offers you may be required to take new retail delivery from dealer stock by the expiration date noted.

The “Net Trade-in” is an estimate only and many factors that cannot be assessed without a physical inspection of the vehicle may affect actual value. NADAguides is not responsible for and does not guarantee the \”Net Trade-in\” information. Please see your local dealer for information regarding actual trade-in availability and value.

Your ZIP Code helps us calculate your payments and offers.

Photos, Pictures and Vehicle Images

Images shown may not necessarily represent the actual vehicle used to calculate the estimate. Vehicles shown may have optional equipment at additional cost.


Vehicle excise duty, Car tax band, AA, car tax bands.#Car #tax #bands


CAR TAX RATES

What are the latest rates for car tax (VED)?

From April 2017, car tax for a new car will depend on its list price and the CO2 band it falls into

If your car was first registered before 1 April 2017 then you’ll continue to pay car tax (VED) under the current CO2-based system, but for new cars it’s all change from 1 April.

What are the new car tax (VED) rules from April 2017?
  • The first year rate will be based on official CO2 figures.
  • A flat standard rate of 140 will apply to all cars except those releasing 0 grams CO2/km for which the standard rate will be 0.
  • An extra charge of 310 a year will apply to cars with a list price over 40,000 in the first 5 standard rate years .
  • Read more details below
VED basics

All vehicles registered in the UK and used on public roads must be taxed.

If you re not using it, you must either let the DVLA know it s being kept off-road with a SORN (Statutory Off Road Notification) or continue to tax it.

  • The cost of car tax (Vehicle Excise Duty) depends on how old your vehicle is and its engine size or official CO2 emissions. From April 2017 it ll depend on the car s list price when new, too.
  • The CO2 figure for your car is on the V5c registration document, as it s measured in official tests before the car s available to buy.
  • The DVLA stopped issuing paper tax discs from 1 October 2014.
  • Check the tax status of any vehicle all you need is the vehicle s make and registration number.
  • Rules for cars first registered before 1 March 2001
  • Rules for cars first registered between 1 March 2001 and 31 March 2017
  • Rules for cars first registered on or after 1 April 2017

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Tax – Tags Calculator for New – Used Cars, car tax calculator.#Car #tax #calculator


Tax and Tags Calculator

Find Your State’s Vehicle Tax Tag Fees

When purchasing a vehicle, the tax and tag fees are calculated based on a number of factors, including:

  • The county the vehicle is registered in.
  • The vehicle weight.
  • The type of license plates requested.
  • Whether or not you have a trade-in.
  • The state in which you live.
  • New car sales tax OR used car sales tax.

Auto sales tax and the cost of a new car tag are major factors in any tax, title, and license calculator. Some states provide official vehicle registration fee calculators, while others provide lists of their tax, tag, and title fees. Find your state below to determine the total cost of your new car, including the car tax.

NOTE: Not ALL STATES offer a tax and tags calculator. (See below for states that do and don’t offer these services.)

In addition, CarMax offers a free tax and tag calculator for some states only. This calculator can help you estimate the taxes required when purchasing a new or used vehicle.

Anytime you are shopping around for a new vehicle and are beginning to make a budget, it’s important to factor in state taxes, titling and registration fees, vehicle inspection/smog test costs, and car insurance into your total cost. After calculating sales tax (depending on the new car sales tax rate), you may find your total fess have increased significantly.

A major part of the final cost of a new vehicle purchase can be the taxes you’ll need to pay and the registration/titling fees you’ll owe to your state’s Department of Motor Vehicles (DMV), Motor Vehicle Division (MVD), Motor Vehicle Administration (MVA), Department of Revenue (DOR), Secretary of State (SOS), or local county clerk’s office.

States with Online Tax Tag Calculators

The following states offer FREE calculators to help you determine sales and/or registration taxes:

To use the calculators above including the car payments calculator NJ, you’ll usually need to enter some basic information about the vehicle you plan to purchase. The information you may need to enter into the tax and tag calculators may include:

  • The vehicle identification number (VIN).
  • The make, model, and year of your vehicle.
  • The date that you purchased (or plan to purchase) the vehicle.
  • The date the vehicle entered (or will enter) the state you plan to register it in.
  • The type of license plates/registration you need for the vehicle.

If you experience any issues with any of the free tax and tag calculators above, please contact your state’s DMV, MVD, MVA, DOR, SOS, or county clerk’s office directly.

States with Tax Tag Charts Only

The following states provide TAX CHARTS INFORMATION (no calculators) to help you determine sales and/or registration taxes:

Generally, these lists/charts will be organized and broken down by:

  • Vehicle model years and weight classes.
  • Sales tax percentages.
  • Vehicle types and classification.
  • Titling procedures.
  • Duration of the registration.

If you need help interpreting your state’s chart or have questions about which category your vehicle will fall under, please contact your state’s DMV , MVD, MVA, DOR, SOS, or county clerk’s office directly.

Other Costs to Consider When Purchasing a Vehicle

In addition to your state’s sales, use and property taxes, and any DMV, MVD, MVA, DOR, SOS, or county clerk titling and registration fees, you’ll need to consider the cost and fees for the following aspects of a vehicle purchase:

  • Ordering a VIN check or vehicle history report.
  • Getting a vehicle inspection, smog check, or emissions test.
  • Buying car insurance.
  • Performing any maintenance or upgrades.

For more information about some of those topics, please visit our pages on:

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Federal Tax Credits for All-Electric and Plug-in Hybrid Vehicles

Car tax

Federal Tax Credit Up To $7,500!

All-electric and plug-in hybrid cars purchased in or after 2010 may be eligible for a federal income tax credit of up to $7,500. The credit amount will vary based on the capacity of the battery used to power the vehicle. State and/or local incentives may also apply.

Small neighborhood electric vehicles do not qualify for this credit, but they may qualify for another credit.

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Requirements

To be certified for the credit by the manufacturer, the vehicle must meet the following requirements:

  • The vehicle must be made by a manufacturer (i.e., it doesn’t include conventional vehicles converted to electric drive).
  • It must be treated as a motor vehicle for purposes of title II of the Clean Air Act.
  • It must have a gross vehicle weight rating (GVWR) of not more than 14,000 lbs.
  • It must be propelled to a significant extent by an electric motor which draws electricity from a battery which
    • has a capacity of not less than 4 kilowatt hours and
    • is capable of being recharged from an external source of electricity.

The following requirements must also be met for a certified vehicle to qualify:

  • The original use of the vehicle commences with the taxpayer it must be a new vehicle.
  • The vehicle is acquired for use or lease by the taxpayer, and not for resale. (The credit is only available to the original purchaser of a new, qualifying vehicle. If a qualifying vehicle is leased to a consumer, the leasing company may claim the credit.)
  • The vehicle is used mostly in the United States.
  • The vehicle must be placed in service by the taxpayer during or after the 2010 calendar year.

Phaseout

The credit begins to phase out for vehicles at the beginning of the second calendar quarter after the manufacturer has sold 200,000 eligible plug-in electric vehicles (i.e., plug-in hybrids and EVs) in the United States as counted from January 1, 2010. IRS will announce when a manufacturer exceeds this production figure and will announce the subsequent phase out schedule (Plug-In Electric Drive Motor Vehicle Credit Quarterly Sales).

Car tax

Claiming the Credit

Fill out Form 8936Car tax, Qualified Plug-in Electric Drive Motor Vehicle Credit.

For vehicles acquired for personal use, report the credit from Form 8936Car tax on the appropriate line of your Form 1040, U.S. Individual Income Tax ReturnCar tax.

For vehicles purchased in 2010 or later, this credit can be used toward the alternative minimum tax (AMT).

If the qualifying vehicle is purchased for business use, the credit for the business use of an electric vehicle is reported on Form 3800Car tax, General Business Credit.

Additional Information

The information on this page should not be viewed as an official or legally binding document. Other requirements or exceptions may apply. For more detailed information, please consult an IRS tax representative and/or official IRS publications.


Tax Brackets (Federal Income Tax Rates) 2000 through 2017 and 2018, car tax.#Car #tax


Federal Tax Brackets

Your tax bracket is the rate you pay on the “last dollar” you earn; but as a percentage of your income, your tax rate is generally less than that. First, here are the tax rates and the income ranges where they apply:

To take an example, suppose your taxable income (after deductions and exemptions) is exactly $100,000 in 2012 and your status is Married filing jointly; then your tax would be calculated like this:

This puts you in the 25% tax bracket, since that’s the highest rate applied to any of your income; but as a percentage of the whole $100,000, your tax is about 17%.

This next calculator lets you try it out with your own numbers:

Where Tax Brackets Apply

Payroll Tax (Social Security and Medicare), and Qualified Dividends and Long Term Capital Gains are separate calculations.

The obvious way to lower your tax bill is to increase the untaxed area at the bottom of the diagram. Contributions to deductible retirement accounts count as adjustments; mortgage interest and contributions to charity count as deductions.

Car tax

Tax Hikes, Tax Cuts

1993 saw a tax hike on the wealthy (via two new brackets at the top), and then 2001 through 2003 saw a series of tax cuts that lowered the tax brackets as follows:

From 2000 to 2002 most brackets dropped by one percent, and there was a new low bracket added at the very bottom. In 2003 most brackets got an additional cut of two percent with a 3.6 percent cut at the top. (But note that the rich still paid more in 2003, and everybody else paid less, than was the case in 1992.)

In 2013, the 2003-2012 rates were permanently extended for everyone except singles making over $400K and couples making over $450K.

Car tax

Tax Changes for 2013 – 2017 and 2018

– 2012 rates have been extended for everyone except high income filers. (See chart, below.)


Car Tax Online UK, How to Renew Car Taxes Online, car tax bands.#Car #tax #bands


How to Renew Car Taxes Online

Renewal of car taxes in UK becomes essential in case the old one is nearing expiry. The driving and licensing authority sends a reminder to vehicle owners whose car tax disc is nearing its expiration. The task of renewing the car taxes can be done through phone, post office or simply through the internet.

Car tax bands

The task of renewing car taxes online is fairly simple and the website for the purpose provides step-by-step guidance for this:

The first step is the application of the car tax renewal. The applicant must visit the DVLA s official website and select to renew the car taxes.

After this, the website asks for the number plate and the 16-digit reference number that is given on the car tax renewal reminder sent to the vehicle owner.

The applicant then clicks on the button that reads Apply for tax disc .

The next page displayed is a questionnaire that asks certain important questions about the car. These questions include whether the applicant is the registered keeper of the vehicle or not, whether the owner has the car insurance or not and whether the car has a valid MOT test certificate.

Renewal of car tax online is possible only if the answers to all these questions are in the affirmative. Any negative answer would not enable the applicant to renew the car tax online. The applicant has to click next in case all details are okay.

The next screen would ask for the reminder number sent by the DVLA through post.

The next screen would show the make and registration number of the car of the applicant. If these details are correct, he/she can continue with the car tax renewal application.

The website checks the validity of the MOT certificate and car insurance, the details of which have been entered earlier.

On confirmation, the applicant is encouraged to choose between the six month or twelve month tax disc.

Clicking on next takes the applicant to the payment page.

Here the applicant has to make the car tax payment either through a debit or credit card.

The applicant can make the payment after checking and confirming all entries.

The disc is now ready to be printed.

Tax Your Car Online

Image courtesy of svilen001, sxc.hu

Car tax bands


New VED road tax: the 2017 UK car tax changes explained, Auto Express, car tax bands.#Car #tax #bands


New VED road tax: the 2017 UK car tax changes explained

Car tax bands

Baffled by the UK car tax system? Our comprehensive guide to the new car VED tax rules for 2017

As of April 1st 2017, a new set of rules governing VED (Vehicle Excise Duty) came into force, resulting in major changes to UK road tax for car owners and potential car buyers. At the centre of the changes, was the increase in costs for the VED car tax bands. Electric and plug-in hybrid cars remain the cheapest to tax, but petrol and diesel cars became much more expensive to get on the road.

Around the time the new road tax rules came into effect, buyers were faced with a tough decision, to buy before the changes happened, or wait until after. The truth of the matter was that it depended on the CO2 emissions of the car they were buying, so there was no set rule for deciding whether to buy now or later. But happily, the changes have happened and the aftermath of the car tax overhaul has now passed. The question still remains, however, around what the changes mean for someone looking at buying a car right now.

Back in the good old days with the previous VED tax system, a lot of new car buyers were paying a surprisingly small amount of money to tax their car and many small diesel cars were completely tax free. Ex-Chancellor of the Exchequer George Osborne realised this, saw potential for the Government to generate millions of pounds of income, and so set about implementing the new system – increasing the cost of motoring for a lot of motorists.

The current rates will ensure that most new cars are subjected to a significant increase in their first-year tax demands, after which a flat rate of £140 will apply each year. Meanwhile if you purchase an “alternatively fuelled” car (for example a hybrid, or something that runs on LPG or bioethanol), you’ll pay £10 less in your first year of tax and then £130p/a thereafter.

And if you’re concerned about your current car, don’t be: as long as it was registered before 1st April 2017, the changes won’t apply.

Fewer cars now exempt from VED tax

Unlike the old system, where low-emission petrol and diesel cars were tax exempt, the current VED system is only be free for vehicles with no tailpipe emissions – that means electric and hydrogen cars only. That’s not all, though, as there’s a new five-year supplement to pay for cars costing more than £40,000, which is priced at £310 per year and starts in the second year of registration.

The Auto Express consumer team found that most new car buyers stand to lose out under the current system. We calculated the tax hike affects smaller, more economical cars the most, with some owners paying up to nine times more than they would have under the old system.

Owners of higher polluting vehicles will also pay more under the current laws, but face a lower increase proportionally speaking. It’s important to note that the current tax rates only apply to cars registered after 1 April 2017. Cars registered before will continue to pay the old rates.

For example, owners of a new Peugeot 208 1.2 PureTech used to pay £20 a year, but now pay £140. As our table (below) shows, potential buyers will see bills increase nine-fold over three years.

Yet while first year fees for a higher polluting car like Honda’s CR-V 2.0i VTEC SE have gone up from £300 to £800 under the current regime, annual tax drops by £70 from the old £210 – making the CR-V a more attractive nearly-new buy after April 2017 than it is was before. Across three years of CR-V ownership, that works out to a total tax rise of just 50 per cent.


Tax Brackets (Federal Income Tax Rates) 2000 through 2017 and 2018, car tax calculator.#Car #tax #calculator


Federal Tax Brackets

Your tax bracket is the rate you pay on the “last dollar” you earn; but as a percentage of your income, your tax rate is generally less than that. First, here are the tax rates and the income ranges where they apply:

To take an example, suppose your taxable income (after deductions and exemptions) is exactly $100,000 in 2012 and your status is Married filing jointly; then your tax would be calculated like this:

This puts you in the 25% tax bracket, since that’s the highest rate applied to any of your income; but as a percentage of the whole $100,000, your tax is about 17%.

This next calculator lets you try it out with your own numbers:

Where Tax Brackets Apply

Payroll Tax (Social Security and Medicare), and Qualified Dividends and Long Term Capital Gains are separate calculations.

The obvious way to lower your tax bill is to increase the untaxed area at the bottom of the diagram. Contributions to deductible retirement accounts count as adjustments; mortgage interest and contributions to charity count as deductions.

Car tax calculator

Tax Hikes, Tax Cuts

1993 saw a tax hike on the wealthy (via two new brackets at the top), and then 2001 through 2003 saw a series of tax cuts that lowered the tax brackets as follows:

From 2000 to 2002 most brackets dropped by one percent, and there was a new low bracket added at the very bottom. In 2003 most brackets got an additional cut of two percent with a 3.6 percent cut at the top. (But note that the rich still paid more in 2003, and everybody else paid less, than was the case in 1992.)

In 2013, the 2003-2012 rates were permanently extended for everyone except singles making over $400K and couples making over $450K.

Car tax calculator

Tax Changes for 2013 – 2017 and 2018

– 2012 rates have been extended for everyone except high income filers. (See chart, below.)