The computation rules have not changed, it's just the dang expensive vehicles are a shocker at $25 a thousand valuation.No special fees, but the excise tax still seems like Maura’s hand rummaging around my pocket (not in a good way). I know it’s paid to the town, but it’s a state program. Excise tax on my lease for three years is about $3400.
My city excise tax was:
2022 $750.88 on a depreciated value of 72084.6 {90% of msrp 80094 factored 5 remaining months}
2023 $1201.41 on a depreciated value of 48056.40 {60% of msrp} whole year
2024 $800.94 on a depreciated value of 32037.60 {40% of msrp} whole year
Once we hit the 10% floor of msrp, the perpetual tax will still be a good sized bill compared an old beater.
Sponsored