10-14-2020, 01:49 PM | #1 |
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Taxes on new M3&M4 in your country / state or region
From previous threads it appears that there are massive differences in taxes from one country to another. The focus on CO2 emission reduction is I guess playing a key role here, pushing the taxes up. Would like to get a better idea of these taxes in the various countries (or specific state/region if any different) of the forums members.
Will start with my area i.e Belgium, Wallonie region (south part of Belgium) : VAT : 21%, registration : 6157 Euro for the competition version , 6957 Euro for the manual version, yearly tax : 843 Euro for both Thanks to add yours |
10-14-2020, 03:48 PM | #3 |
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10-14-2020, 05:55 PM | #5 |
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Recurring yearly registration so about $75 or so I believe.
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10-15-2020, 02:49 AM | #7 |
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Thanks all,
USA is definitely a paradise... Would like to further hear situation in other EU countries especially Germany, UK, Italy, Netherlands, Spain, Switzerland, Austria,Nordics,... France was covered in a separate thread with this reportedly crazy 40,000 Euro registration tax starting next year. |
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10-15-2020, 04:21 AM | #8 |
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I pay zero taxes. German VAT 19%. Military gets that waived.
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10-15-2020, 03:05 PM | #9 | |
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21% VAT BPM (belasting op personenwagens en motorrijwielen) 39058€ for 248gr CO²/km or 33346€ for 234gr CO²/km. recurrent "motorrijtuigenbelasting" of 248€ each quarter (mainly based on the weight of the vehicle). When you believe this is already crazy, apparently as from 2021 the 21% VAT will also get applied on the ~40k€ BPM (so tax on tax!). Adding another 8202€ and 7002€ to the BMP. This renders the CO² tax even worse than in France! |
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10-16-2020, 02:25 AM | #10 | |
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By the way just heard yesterday that in France they will introduce, for non electrical cars, a further additional tax based on car weight. It will be 10 Euro per kilo above a certain weight threshold. Initially the threshold was suposed to be 1400 kg but finally it will be 1800 kg. Guess the last minute change was done to avoid to affect French car producers since all their vehicules are below that limit. I however suppose that the threshold will go down every new year. Granted this tax is against big (mainly German) SUV but it will also affect some luxury / GT cars. The new M3/M4 at around 1800 kg will be bordeline. |
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10-16-2020, 11:00 AM | #11 | |
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ICE cars are near dead! |
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10-16-2020, 11:17 AM | #12 | |
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10-16-2020, 11:55 AM | #13 | |
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so tax on purchase 21%, first registration ~10k€, yearly right to drive it on the road ~1000€, 70 % on fuel cost, toll per kilometer driven, tax on entering certain regions. Who is still enjoying driving his car? You still are? There is a new CO² taxation in the makes by the federal government as we speak! |
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10-16-2020, 12:20 PM | #14 |
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VAT = Taxes, no?
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10-16-2020, 12:22 PM | #15 | ||
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10-16-2020, 12:24 PM | #16 |
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Yes, but I turn in a VAT form which waived me having to pay the VAT.
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10-16-2020, 01:39 PM | #17 |
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Not really ...but not because of taxes (they are high but not much different in my region than 25 years ago when I bought my first M3)... because of the traffic which has tremendously increased over the years, the speed traps which are now everywhere and finally the speed bumps in every city/village
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10-17-2020, 08:28 AM | #19 |
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California, San Rafael, sales tax 9.5%, plus registration based on value of car plus a base fee . My m340 was about $800 for the registration in total
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10-19-2020, 06:24 AM | #20 |
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Ontario Canada .... tax 13%
mandatory govt fees all added up to a bit over $100 iirc registration is like 60.. each year the renewal sticker is 120
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09-21-2021, 06:00 AM | #21 |
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Spain:
21% IVA (VAT) about 18.000 eur 16% first registration (about 13.000 eur). 224 eur/yr after that. More than 36.000 dollars on taxes from the initial purchase.
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09-21-2021, 06:04 AM | #22 |
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Not so bad in UK:
20% VAT on purchase £1910 first year registration + emissions tax £490 emissions tax per year after that
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