How much will it cost me to pay excise tax on my vehicle?

Most vehicles are assessed an excise tax based on purchase price. Each state, however, applies its own percentage rate on which to base the tax amount. In Maryland, for instance, the excise tax is based on 6% of the vehicle's purchase price. Whereas in Oklahoma the amount is also based on the purchase price provided it falls within 20% of the average retail value for that exact model of car. And in Massachusetts the rate is based on $25 on the thousand.  

The calculation process can get complicated. Realizing this, some state DMV Web sites, such as Maine's, provide excise tax calculators. If one is not available, try calling your local DMV office for a possible quote. Or at least an estimate. By rule, you can expect to pay a higher excise tax rate if you own a newer vehicle. 

Unlike sales tax, which you pay only once during the time of purchase, you must pay excise tax annually, prior to registration.

Visitor Comments

No visitor comments posted. Post a comment

Post Comment for "How much will it cost me to pay excise tax on my vehicle?"

To post a comment for this article, simply complete the form below. Fields marked with an asterisk are required.

User Opinions

25% thumbs up 75% thumbs down (8 votes)

How would you rate this answer?

Thank you for rating this answer.

Continue (the Site) is a privately owned, for-profit Web site owned by OnlineGURU, Inc. The Site specifically disclaims any and all connection with any state bureau, division, or Department of Motor Vehicles, or any state or federal government agency. does its best to get the correct information but does not claim responsibility for the accuracy of the information displayed herein. It is not complete or certified information. The information provided on is not legal advice, is not a lawyer referral service, and no attorney-client or confidential relationship is or should be formed by use of the site. Additionally, the Site expressly disclaims any and all liability for third party links or resources on the Site and any claims of negligence arising from same. For official information, please consult your state motor vehicle department.