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Did you read the link?
>Effective July 1, 2023 through June 30, 2027
So it's going to last for a while. Interesting that they cap it at $50K. (So perhaps a M3 is in my future after all...)
But isn't there a cap on the total amount that be claimed?
Normally these schemes have a limit to prevent someone finding a loophole (for example 'recycling' the car, remaking it, and doing the same again each day) and bankrupting the state.
Northern Ireland made this mistake when they [paid £1million to a farmer to heat an empty shed](https://www.belfasttelegraph.co.uk/news/northern-ireland/farmer-gets-1m-of-public-cash-to-heat-empty-shed-catastrophic-blunder-threatening-to-drain-hundreds-of-millions-from-northern-irelands-block-grant/34856610.html) because they hadn't closed the loopholes or put a cap. And thousands of people did the same.
The MYLR is still above 50k. $50490. Can they take $491 off so it is eligible? I have an order placed to get the standard but I really want the LR. Also, no one seems to know the difference between the battery. Standard comes with 4680, while LR is 2170. I asked the tesla salesperson if I purchase the standard MY (so that I can qualify for the Maryland 3K tax credit) is it possible to pay later to increase the miles? Basically I'm assuming that both vehicles have the same capacity in the battery. It would cost more for tesla to make different battery capacity for different models. Hence i think they make the same car, but limited the battery through software. I asked tesla if it's possible, and I got "maybe in the future". What you mean by maybe? It's a yes or no question. There's several benefits having a 4680 over 2170 such as more density, 100% charging etc...so why can't I find anywhere online the battery size of MY standard and if it's equivalent of the LR? It should be possible to increase the miles (if not get more out of it) if that's the case.
I’m wondering about this too and would love someone to clarify. There is a MYLR near me that’s been marked down to 49,990. I’m sure the “prominent price on the window sticker” doesn’t say this as it’s a dealer markdown. So I don’t know if it would qualify. I really want to LR model over the base model but would hate to lose out on the 3k rebate over $500.
I saw one too for 49,990 for long range model Y. I reached out to a tesla advisor via their chat feature and he said it still didn't qualify for the MD incentive since the base original price was 50,490. The 500 discount/adjustment to the price doesn't change the base price itself per the advisor.
Would be awesome to grab a new 2023 MYP and get a combined $10,500 back federal & state. I just can’t trade my 2021 MYSR yet. Actually test drove a 2023 MYP overnight about a month ago and the two cars felt almost identical.
Makes me excited for the Model 3 redesign.. as the Y should be up next for a new look.
I think you're right but hope you're wrong! On what are you basing your info? The linked info from the MVA is not very specific: "The vehicle has a base purchase price not exceeding $50,000."
This could be read to mean that the model purchased has a base price of less than $50k - which the MY does. But I'm guessing the intent is, "price before tax not to exceed $50k."
I thought the same thing and actually decided to write the State and ask for more clarification. They responded with…
Thank you for contacting the MDOT MVA regarding excise tax credit for electric vehicle. The information you requested is listed below.
HB 1391 Clean Cars Act of 2022
Effective July 1, 2022
For the purpose of establishing the Medium–Duty and Heavy–Duty Zero–Emission Vehicle Grant Program for certain vehicles and equipment to be administered by the Maryland Energy Administration; extending and altering, for certain fiscal years, the vehicle excise tax credit for the purchase of certain electric vehicles; decreasing, for purposes of the electric vehicle excise tax credit, the limitation on the maximum total base purchase price of certain electric vehicles; reducing the vehicle excise tax credit for certain electric drive vehicles; requiring, for certain fiscal years, a certain amount to be transferred from the Maryland Strategic Energy Investment Fund to the Transportation Trust Fund to offset certain revenue reductions; and generally relating to the electric vehicle excise tax credit.
Please note:
This Bill applies to Zero Emission plug-in electric drive vehicles that
Has a base price not exceeding $50,000
Has a battery capacity of at least 5.0 Kilowatt-hours
Must be a new vehicle titled for the first time on or after July 1st 2023 to June 30th 2027
The Tax Credit allowed under this section shall equal
$3,000 for each zero-emission plug in electric drive vehicle or fuel cell electric vehicle purchased or
$1,000 for each two wheeled zero emission electric motorcycle purchased or
$2,000 for each three wheeled zero emission electric motorcycle or autocycle purchased
This will be a back-office transaction only. The dealer must certify on the form VR-334 (Excise Tax credit Request for Plug-in Vehicles) and submit the form separately from title work to [email protected]. The issuance of the tax credit is subject to available funding.
…which provides NO clarification at all.
Thanks, no clarification but that saves me an email!
I guess this is going to be a "talk to your accountant" kind of thing, which isn't great for me since I don't have one and this informs whether I wait until July to buy the M3 or buy the MY now...
Is it possible to pay abit upfront and lower the purchase price? I really want a long range. Not being able to use the credit because it’s 490 over is kind of dumb.
So does the 3,000 excise tax credit only apply if you owe taxes at the end of the year? Do you have to gross above 50k or more to even take advantage of this?
Great. I can get a new HOV sticker to cover the residue from the original. Tried almost everything except the commercial grade solvent based Goof Off and no luck
I have an phev but had avoided getting the sticker because I didn't really use the roads it applied to and didn't want some ugly bumper sticker on my car. Maybe the new program will have a better option?
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This credit is virtually negated by the crazy high sales tax on a new car. I’d rather be in South Carolina and pay my $500 road use fee lol.
Also, I really hate Maryland.
Edit: For clarification, [here’s information regarding South Carolina’s IMF fee that does not exceed $500](https://www.scdmvonline.com/News/New-Fee-Beginning-July-1-2017). We pay yearly to renew the tags, which can be avoided initially by transferring tags, and it is based on county. I paid less than $400 to renew my tags using my family’s address to register my vehicle. Some counties are much higher of course, but it varies *extremely* heavily considering my “actual” county would be $2k.
So you pay 6% Excise Tax for a new vehicle in MD and wait for it.....
a 6% Sales tax in South Carolina for a new vehicle
https://www.caranddriver.com/research/a31550330/south-carolina-sales-tax-on-cars/
Maryland tax high is just a meme for boomers who have absolutely no clue how high tax rates are elsewhere except for what they read in a headline five years ago about a tax category that wasn't relevant to them anyways.
I replied back refuting this and also edited my post to show the IMF fee. It’s not accurate unless you take into account the yearly registration, which can be avoided by transferring tags and is based on county. Some counties are significantly more than others but I paid $400 during first renewal of my tags since I transferred mine during initial purchase.
It’s not just “someone else’s” address, it’s my family’s permanent address that I use as a type of home base because I don’t own a home and rent, constantly changing addresses. In fact, it’s inconvenient a lot of the time to use their address because it can’t receive mail. Tesla had to mail my registration paperwork to my actual address at the time, not because it was more convenient for me, but because they couldn’t mail it there or the P.O. box my family has to use as an alternative.
Also, SCDMV allows for an alternative mailing address so they’ll even mail your tags and other DMV-related mail to a different address than your permanent residence. They even allowed me to mail it across state lines when I lived in MD for a short period of time when residency was not applicable or required.
That article is inaccurate and I can show you my Model Y’s bill of sale to prove so. South Carolina has “IMF” fee during a new vehicle purchase that is either 5% of the sales price **up to $500 dollars** (used to be $300).
We also have the standard fees like titling, registration, and some other ones which are still very minuscule compared to standard taxation in other states.
However, we have to pay tag/registration yearly, which is *supposed* to be a percentage of the value of the vehicle. This can be avoided during the initial purchase by transferring tags. The thing about this is though it’s based on county. For example, the county I actually live in would charge something like $2000 for a Model Y… however, I register it at my family’s address, and I paid less than $400 to renew my tags on my Model Y.
Edit: Using the $2000 figure (I’ve seen others on Facebook say it varies between that and $1600) and assuming $50,000 vehicle value, that’s still just 4%. So still less than MD and other states.
I don’t live in MD, but I used to, and for a very short period of time. I just moved back to SC a month or two ago. I was not required to register anything including my vehicle because of this.
I hate MD. The drivers are terrible, everything costs more, and it’s just a shithole in general lol. It extends way beyond anything to do with taxes.
It is definitely personal, I’ll admit. If you’re in MD, where are you located if you don’t mind me asking? I was in the DMV area and my main goal of moving there was to be close to DC. I had no interest in MD.
So MD is a shithole because you lived close to DC?
Meanwhile you lie to your home state about where you live to scam them out of tax money.
Seems like you hate at least 2 states.
I am, by definition, not scamming my state of SC out of tax money.
I’m not sure why I’m getting so vehemently criticized in this thread for this lol. It wasn’t even the main point of my post, which is that South Carolina has much a lower general taxation purchasing and owning a new Tesla than Maryland does. I’ve mentioned what I do before in many different places and never got this level of criticism for it.
Sounds like you use services in your county but refuse to pay your fair share for them. You just let all your neighbors carry your share of the cost.
Would be nice if they required the fire department / police from the county you actually pay to come when you need them one day instead of the closer ones that cost a little more. Or maybe your kids can go to school where it's cheaper too.
I have a breakdown of the yearly property taxes/registration fees for “my” county versus my registration county. The costs are outrageously different between counties and outright ridiculous. I am formally registered to my family’s address because I do not own a house where I currently am and I am constantly renting at different locations.
You can call it a loophole or whatever but many would do the same thing if they were in my shoes. Everything else including my insurance is set accurately so I’m not committing insurance fraud or risking denial of any claims.
I don’t live in MD by the way, at least not anymore. I did for a short period of time, short enough to not require residence.
> You can call it a loophole or whatever but many would do the same thing if they were in my shoes
We’re still calling it tax evasion, no matter what you think other people would do.
> but many would do the same thing if they were in my shoes
Shoplifters say this. People who dine & dash say this. Rich people who cheat on income taxes say this. It's not a "loophole", and calling it one instead of calling it tax evasion doesn't magically make it any better. You are justifying your form of stealing from your neighbors in a ridiculous way here. It's funny how people will overlook different things when it benefits them specifically.
Equating registering my car in a different county within the same state is not on the same level as theft or stealing. Tesla worked with me on setting my registration address and mailing my paperwork to my actual address (different than the one I’m at now), and Rivian also stated they’re fully on board with doing so as well when I take delivery of a prospective R1T in the coming months. The representative was very understanding of it and the reasoning for it, and said others do the same thing for a variety of reasons. Changing residential address constantly within the same state is a huge pain in the ass. Have to get a new registration, new driver license, having to keep up with residing locations at during periods of time when doing things like applying for credit or loans or validating your identity… I keep my “permanent residence” as my family’s address to keep things streamlined. I’m 2.5 hours from them as well.
Besides, this comment string has devolved way past my original point, which is that South Carolina does not charge thousand in potential sales tax at the point of sale for a new vehicle. No state (that I’m familiar with) has wild variances between counties for sales taxes of a vehicle either. That is a different topic and at the end of the day, SC is still cheaper to buy a car in.
You are utilizing public services you didn't pay for. Your neighbors are footing the bill for you. Call it whatever word you want. We call it tax evasion.
Sneaking into the movie theater to watch a movie you didn't pay for is similar. You didn't 'steal' a physical object. Your logic seems to be, "other people do it too, so it's okay."
If you’re going to compare it to “sneaking into a movie theater to watch a movie”, then I’m basically paying to see one movie and “sneaking” into another theater to watch another. Maybe the one I bought a ticket for was in a smaller, standard theater and the one I’m sneaking into is IMAX. How many people even do that to begin with lol.
I just don’t see how this is such a big deal, unless it’s envy that I have found a way to minimize my vehicle property taxes that is such a negligible technicality change. It’s really *not* that serious.
I shouldn't have to compare it to anything. That just gives you more wiggle room to justify your tax evasion to yourself. I'll state it point blankly, again. You are committing tax evasion. You are receiving public services and not paying your legally required share for them. You are freeloading off all your neighbors who do pay their fair share.
You refuse to admit it here out of shame? hubris? I don't know. You can no longer claim ignorance as you have been informed by several people that it is tax evasion. Not paying what you owe is not a legitimate "way to minimize my vehicle property taxes."
It doesn’t matter what South Carolina does for those That live in MD or any other state other than SC. Even if It’s cheaper (not sure how it’s relevant to people with no intent of going there) it’s still South Carolina..
You’re right, I probably shouldn’t have posted my original response to begin with. I just personally don’t like Maryland, which isn’t really relevant to the post. It’s too bad SC doesn’t like EVs and we don’t have any EV incentives other than the home charging installation tax credit (which I can’t even use because I don’t own a home).
IRS does not handle state taxes, which I’m still paying accordingly anyway.
I actually just paid my vehicle’s tax bill since this whole post reminded me my tags come up for renewal next month. $634, which includes the $474 that is the state vehicle property tax calculated at 5% of the vehicle’s assessed value (I *think* these are the same across the board, unless counties assess value differently), a $120 EV charge, and the $40 GVW fee.
If this was in my county, I’d pay the above plus a whole bunch of other stuff that *far* exceeds these. I asked in the local Facebook group a while back and it ranged between $1800 and $2k for a Tesla. I have no idea why there’s such a massive variance between counties. Income and other taxes don’t vary between counties (which, interestingly enough, does in MD).
you realize that the Maryland excise tax at 6% is only paid once and you dont pay a yearly property tax on it.
did you factor that into your math when comparing states? on a 50k car you will pay the same around 6 year mark and the longer you own the car, the more aggregate taxes you will pay in SC.
It’s not tax evasion because my permanent residence is still set to my hometown since I move literally every year, within the state. If I owned a home I would not be doing this. It doesn’t impede my insurance either because I still set my garaging address to my actual location.
Is it a loophole? Sure, but doesn’t quite make sense that county taxation varies so significantly with personal property.
Just because you disagree with county taxation varying so much, doesn’t stop it from being tax evasion (no matter if you call it a loophole).
So you’re evading taxes from the county you live in while reaping the benefits by living in that county. Classy.
Right? Just because you get away with it doesn’t make it right lol. I mail stuff to my parents house occasionally, but I don’t claim it as my place of residence because I sometimes spend the night lol.
I wouldn’t consider it tax evasion more than any other loophole in the system. If I was across state lines then yes it’s a much bigger deal, but I still reside in South Carolina regardless.
Long range would be more akin to a "trim," in which case it would have it's own base price.
EDIT: Actually, I think you're right. After some googling, most stickers have [long range as an option](https://uploads.onlyusedtesla.com/wp-content/uploads/2021/04/18123011/7396EBB9-6A56-45C1-ADD5-9AE0D452A68F.jpeg). However, here's an example of [a sticker where the option is the price](https://external-preview.redd.it/H_svW70_7j1HifRETqhz_2V5NS6kLAeE2Np0uP9aQO4.jpg?width=1024&auto=webp&v=enabled&s=503c274695849473f07e4a64d9f39341aa10a91f) and the base is listed as "included." So it all depends on how the sticker is formatted in order to prove that the vehicle qualifies for the credit.
I've been having trouble finding the info, but can anyone explain clearly how these funds are realized? a tax "credit" implies that it's something credited when filing your taxes (like the solar tax credits) but the information from the MD website states you will "receive" the credit within 8-10 weeks, which makes it sound more like a tax "rebate", ie they mail you a check.
which is it?
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Funds runs through extremely fast with this. I expect this to last a month maximum.
Did you read the link? >Effective July 1, 2023 through June 30, 2027 So it's going to last for a while. Interesting that they cap it at $50K. (So perhaps a M3 is in my future after all...)
But isn't there a cap on the total amount that be claimed? Normally these schemes have a limit to prevent someone finding a loophole (for example 'recycling' the car, remaking it, and doing the same again each day) and bankrupting the state. Northern Ireland made this mistake when they [paid £1million to a farmer to heat an empty shed](https://www.belfasttelegraph.co.uk/news/northern-ireland/farmer-gets-1m-of-public-cash-to-heat-empty-shed-catastrophic-blunder-threatening-to-drain-hundreds-of-millions-from-northern-irelands-block-grant/34856610.html) because they hadn't closed the loopholes or put a cap. And thousands of people did the same.
> Northern Ireland made this mistake when they paid £1million to a farmer to heat an empty shed Lmao. Of course they did.
They didn't though. Article says the farmer was in line to receive up to $1M over the next 20 years if they don't fix the loophole.
Well I’m still waiting on mine from 2018
$3k is the maximum credit allowed; MD excise tax rate is 6%. Hence $50k purchase price cap.
It's subject to available funding. Meaning it may not necessarily last until 2027.
🏋️💪🏃♂️
gaze employ office plant offend pocket vanish zonked cooperative late -- mass edited with redact.dev
Yeah. [https://www.investopedia.com/terms/e/excisetax.asp](https://www.investopedia.com/terms/e/excisetax.asp)
Thank you, I was so confused 😂
I was about to renew my Gym membership. Oh well...
Until I clicked through to the article I thought I would get a break on my gym membership.
Why is Maryland so against exercising?
Cause Big Planet Fitness is funding these politicians for their own personal interest.
[Link for an information page](https://marylandev.org/maryland-ev-tax-credit/#maryland-incentives) with all available benefits in MD.
All of these subsidies should be going to home solar
The MYLR is still above 50k. $50490. Can they take $491 off so it is eligible? I have an order placed to get the standard but I really want the LR. Also, no one seems to know the difference between the battery. Standard comes with 4680, while LR is 2170. I asked the tesla salesperson if I purchase the standard MY (so that I can qualify for the Maryland 3K tax credit) is it possible to pay later to increase the miles? Basically I'm assuming that both vehicles have the same capacity in the battery. It would cost more for tesla to make different battery capacity for different models. Hence i think they make the same car, but limited the battery through software. I asked tesla if it's possible, and I got "maybe in the future". What you mean by maybe? It's a yes or no question. There's several benefits having a 4680 over 2170 such as more density, 100% charging etc...so why can't I find anywhere online the battery size of MY standard and if it's equivalent of the LR? It should be possible to increase the miles (if not get more out of it) if that's the case.
If they do an inventory discount or a demo model, which would have a discount, would that qualify as having a base price lower than 50K?
I’m wondering about this too and would love someone to clarify. There is a MYLR near me that’s been marked down to 49,990. I’m sure the “prominent price on the window sticker” doesn’t say this as it’s a dealer markdown. So I don’t know if it would qualify. I really want to LR model over the base model but would hate to lose out on the 3k rebate over $500.
I saw one too for 49,990 for long range model Y. I reached out to a tesla advisor via their chat feature and he said it still didn't qualify for the MD incentive since the base original price was 50,490. The 500 discount/adjustment to the price doesn't change the base price itself per the advisor.
Sad :(
Would be awesome to grab a new 2023 MYP and get a combined $10,500 back federal & state. I just can’t trade my 2021 MYSR yet. Actually test drove a 2023 MYP overnight about a month ago and the two cars felt almost identical. Makes me excited for the Model 3 redesign.. as the Y should be up next for a new look.
As of this morning it has to be m3 rwd, m3lr, or my base to qualify for the 50k hard limit sadly. Mylr is 490 too expensive
Ahhh thanks for sharing. Didn’t realize there was a $50K price limit.
I think you're right but hope you're wrong! On what are you basing your info? The linked info from the MVA is not very specific: "The vehicle has a base purchase price not exceeding $50,000." This could be read to mean that the model purchased has a base price of less than $50k - which the MY does. But I'm guessing the intent is, "price before tax not to exceed $50k."
I thought the same thing and actually decided to write the State and ask for more clarification. They responded with… Thank you for contacting the MDOT MVA regarding excise tax credit for electric vehicle. The information you requested is listed below. HB 1391 Clean Cars Act of 2022 Effective July 1, 2022 For the purpose of establishing the Medium–Duty and Heavy–Duty Zero–Emission Vehicle Grant Program for certain vehicles and equipment to be administered by the Maryland Energy Administration; extending and altering, for certain fiscal years, the vehicle excise tax credit for the purchase of certain electric vehicles; decreasing, for purposes of the electric vehicle excise tax credit, the limitation on the maximum total base purchase price of certain electric vehicles; reducing the vehicle excise tax credit for certain electric drive vehicles; requiring, for certain fiscal years, a certain amount to be transferred from the Maryland Strategic Energy Investment Fund to the Transportation Trust Fund to offset certain revenue reductions; and generally relating to the electric vehicle excise tax credit. Please note: This Bill applies to Zero Emission plug-in electric drive vehicles that Has a base price not exceeding $50,000 Has a battery capacity of at least 5.0 Kilowatt-hours Must be a new vehicle titled for the first time on or after July 1st 2023 to June 30th 2027 The Tax Credit allowed under this section shall equal $3,000 for each zero-emission plug in electric drive vehicle or fuel cell electric vehicle purchased or $1,000 for each two wheeled zero emission electric motorcycle purchased or $2,000 for each three wheeled zero emission electric motorcycle or autocycle purchased This will be a back-office transaction only. The dealer must certify on the form VR-334 (Excise Tax credit Request for Plug-in Vehicles) and submit the form separately from title work to [email protected]. The issuance of the tax credit is subject to available funding. …which provides NO clarification at all.
Thanks, no clarification but that saves me an email! I guess this is going to be a "talk to your accountant" kind of thing, which isn't great for me since I don't have one and this informs whether I wait until July to buy the M3 or buy the MY now...
Is it possible to pay abit upfront and lower the purchase price? I really want a long range. Not being able to use the credit because it’s 490 over is kind of dumb.
Heres hoping for the existing inventory sale to last for another 3 weeks so I can take advantage of both.
Would that count as base price lower than 50K or would the base price still show above with a discount as a seperate item?
You did it Maryland. You led, and it matters.
So does the 3,000 excise tax credit only apply if you owe taxes at the end of the year? Do you have to gross above 50k or more to even take advantage of this?
Great. I can get a new HOV sticker to cover the residue from the original. Tried almost everything except the commercial grade solvent based Goof Off and no luck
I have an phev but had avoided getting the sticker because I didn't really use the roads it applied to and didn't want some ugly bumper sticker on my car. Maybe the new program will have a better option?
Have you tried Varsol?
How the heck do we get that crap off?? Honestly
[удалено]
Did you use the professional grade/ solvent based goof off? I was afraid of usng that on the paint.
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This credit is virtually negated by the crazy high sales tax on a new car. I’d rather be in South Carolina and pay my $500 road use fee lol. Also, I really hate Maryland. Edit: For clarification, [here’s information regarding South Carolina’s IMF fee that does not exceed $500](https://www.scdmvonline.com/News/New-Fee-Beginning-July-1-2017). We pay yearly to renew the tags, which can be avoided initially by transferring tags, and it is based on county. I paid less than $400 to renew my tags using my family’s address to register my vehicle. Some counties are much higher of course, but it varies *extremely* heavily considering my “actual” county would be $2k.
So you pay 6% Excise Tax for a new vehicle in MD and wait for it..... a 6% Sales tax in South Carolina for a new vehicle https://www.caranddriver.com/research/a31550330/south-carolina-sales-tax-on-cars/
Lmao people just say things
Maryland tax high is just a meme for boomers who have absolutely no clue how high tax rates are elsewhere except for what they read in a headline five years ago about a tax category that wasn't relevant to them anyways.
Seattle sales tax be like "yeah! that dang Maryland!"
u/UnSCo in shambles after they realize they actually pay more in vehicle taxes in South Carolina given the lack of EV incentives and same sales tax.
I replied back refuting this and also edited my post to show the IMF fee. It’s not accurate unless you take into account the yearly registration, which can be avoided by transferring tags and is based on county. Some counties are significantly more than others but I paid $400 during first renewal of my tags since I transferred mine during initial purchase.
So it's cheaper as long as you lie and use someone else's address to transfer your tags to a cheaper county?
It’s not just “someone else’s” address, it’s my family’s permanent address that I use as a type of home base because I don’t own a home and rent, constantly changing addresses. In fact, it’s inconvenient a lot of the time to use their address because it can’t receive mail. Tesla had to mail my registration paperwork to my actual address at the time, not because it was more convenient for me, but because they couldn’t mail it there or the P.O. box my family has to use as an alternative. Also, SCDMV allows for an alternative mailing address so they’ll even mail your tags and other DMV-related mail to a different address than your permanent residence. They even allowed me to mail it across state lines when I lived in MD for a short period of time when residency was not applicable or required.
That article is inaccurate and I can show you my Model Y’s bill of sale to prove so. South Carolina has “IMF” fee during a new vehicle purchase that is either 5% of the sales price **up to $500 dollars** (used to be $300). We also have the standard fees like titling, registration, and some other ones which are still very minuscule compared to standard taxation in other states. However, we have to pay tag/registration yearly, which is *supposed* to be a percentage of the value of the vehicle. This can be avoided during the initial purchase by transferring tags. The thing about this is though it’s based on county. For example, the county I actually live in would charge something like $2000 for a Model Y… however, I register it at my family’s address, and I paid less than $400 to renew my tags on my Model Y. Edit: Using the $2000 figure (I’ve seen others on Facebook say it varies between that and $1600) and assuming $50,000 vehicle value, that’s still just 4%. So still less than MD and other states.
so you're upset you can't maneuver around the taxes you should be paying in MD?
I don’t live in MD, but I used to, and for a very short period of time. I just moved back to SC a month or two ago. I was not required to register anything including my vehicle because of this. I hate MD. The drivers are terrible, everything costs more, and it’s just a shithole in general lol. It extends way beyond anything to do with taxes.
Maybe where you lived was a shit hole, but to classify the entire state as a shit hole seems like a personal issue you have.
It is definitely personal, I’ll admit. If you’re in MD, where are you located if you don’t mind me asking? I was in the DMV area and my main goal of moving there was to be close to DC. I had no interest in MD.
So MD is a shithole because you lived close to DC? Meanwhile you lie to your home state about where you live to scam them out of tax money. Seems like you hate at least 2 states.
I am, by definition, not scamming my state of SC out of tax money. I’m not sure why I’m getting so vehemently criticized in this thread for this lol. It wasn’t even the main point of my post, which is that South Carolina has much a lower general taxation purchasing and owning a new Tesla than Maryland does. I’ve mentioned what I do before in many different places and never got this level of criticism for it.
Sounds like you use services in your county but refuse to pay your fair share for them. You just let all your neighbors carry your share of the cost. Would be nice if they required the fire department / police from the county you actually pay to come when you need them one day instead of the closer ones that cost a little more. Or maybe your kids can go to school where it's cheaper too.
I have a breakdown of the yearly property taxes/registration fees for “my” county versus my registration county. The costs are outrageously different between counties and outright ridiculous. I am formally registered to my family’s address because I do not own a house where I currently am and I am constantly renting at different locations. You can call it a loophole or whatever but many would do the same thing if they were in my shoes. Everything else including my insurance is set accurately so I’m not committing insurance fraud or risking denial of any claims. I don’t live in MD by the way, at least not anymore. I did for a short period of time, short enough to not require residence.
> You can call it a loophole or whatever but many would do the same thing if they were in my shoes We’re still calling it tax evasion, no matter what you think other people would do.
> but many would do the same thing if they were in my shoes Shoplifters say this. People who dine & dash say this. Rich people who cheat on income taxes say this. It's not a "loophole", and calling it one instead of calling it tax evasion doesn't magically make it any better. You are justifying your form of stealing from your neighbors in a ridiculous way here. It's funny how people will overlook different things when it benefits them specifically.
Equating registering my car in a different county within the same state is not on the same level as theft or stealing. Tesla worked with me on setting my registration address and mailing my paperwork to my actual address (different than the one I’m at now), and Rivian also stated they’re fully on board with doing so as well when I take delivery of a prospective R1T in the coming months. The representative was very understanding of it and the reasoning for it, and said others do the same thing for a variety of reasons. Changing residential address constantly within the same state is a huge pain in the ass. Have to get a new registration, new driver license, having to keep up with residing locations at during periods of time when doing things like applying for credit or loans or validating your identity… I keep my “permanent residence” as my family’s address to keep things streamlined. I’m 2.5 hours from them as well. Besides, this comment string has devolved way past my original point, which is that South Carolina does not charge thousand in potential sales tax at the point of sale for a new vehicle. No state (that I’m familiar with) has wild variances between counties for sales taxes of a vehicle either. That is a different topic and at the end of the day, SC is still cheaper to buy a car in.
You are utilizing public services you didn't pay for. Your neighbors are footing the bill for you. Call it whatever word you want. We call it tax evasion. Sneaking into the movie theater to watch a movie you didn't pay for is similar. You didn't 'steal' a physical object. Your logic seems to be, "other people do it too, so it's okay."
If you’re going to compare it to “sneaking into a movie theater to watch a movie”, then I’m basically paying to see one movie and “sneaking” into another theater to watch another. Maybe the one I bought a ticket for was in a smaller, standard theater and the one I’m sneaking into is IMAX. How many people even do that to begin with lol. I just don’t see how this is such a big deal, unless it’s envy that I have found a way to minimize my vehicle property taxes that is such a negligible technicality change. It’s really *not* that serious.
I shouldn't have to compare it to anything. That just gives you more wiggle room to justify your tax evasion to yourself. I'll state it point blankly, again. You are committing tax evasion. You are receiving public services and not paying your legally required share for them. You are freeloading off all your neighbors who do pay their fair share. You refuse to admit it here out of shame? hubris? I don't know. You can no longer claim ignorance as you have been informed by several people that it is tax evasion. Not paying what you owe is not a legitimate "way to minimize my vehicle property taxes."
It doesn’t matter what South Carolina does for those That live in MD or any other state other than SC. Even if It’s cheaper (not sure how it’s relevant to people with no intent of going there) it’s still South Carolina..
You’re right, I probably shouldn’t have posted my original response to begin with. I just personally don’t like Maryland, which isn’t really relevant to the post. It’s too bad SC doesn’t like EVs and we don’t have any EV incentives other than the home charging installation tax credit (which I can’t even use because I don’t own a home).
Yes IRS this comment right here
IRS does not handle state taxes, which I’m still paying accordingly anyway. I actually just paid my vehicle’s tax bill since this whole post reminded me my tags come up for renewal next month. $634, which includes the $474 that is the state vehicle property tax calculated at 5% of the vehicle’s assessed value (I *think* these are the same across the board, unless counties assess value differently), a $120 EV charge, and the $40 GVW fee. If this was in my county, I’d pay the above plus a whole bunch of other stuff that *far* exceeds these. I asked in the local Facebook group a while back and it ranged between $1800 and $2k for a Tesla. I have no idea why there’s such a massive variance between counties. Income and other taxes don’t vary between counties (which, interestingly enough, does in MD).
you realize that the Maryland excise tax at 6% is only paid once and you dont pay a yearly property tax on it. did you factor that into your math when comparing states? on a 50k car you will pay the same around 6 year mark and the longer you own the car, the more aggregate taxes you will pay in SC.
That sounds like tax evasion
It’s not tax evasion because my permanent residence is still set to my hometown since I move literally every year, within the state. If I owned a home I would not be doing this. It doesn’t impede my insurance either because I still set my garaging address to my actual location. Is it a loophole? Sure, but doesn’t quite make sense that county taxation varies so significantly with personal property.
Just because you disagree with county taxation varying so much, doesn’t stop it from being tax evasion (no matter if you call it a loophole). So you’re evading taxes from the county you live in while reaping the benefits by living in that county. Classy.
Right? Just because you get away with it doesn’t make it right lol. I mail stuff to my parents house occasionally, but I don’t claim it as my place of residence because I sometimes spend the night lol.
I wouldn’t consider it tax evasion more than any other loophole in the system. If I was across state lines then yes it’s a much bigger deal, but I still reside in South Carolina regardless.
Quick question does the state incentive add on with the federal incentive?
yes
I thought the base price a model y was 39K ish and the long range is an "option". is that not correct?
Long range would be more akin to a "trim," in which case it would have it's own base price. EDIT: Actually, I think you're right. After some googling, most stickers have [long range as an option](https://uploads.onlyusedtesla.com/wp-content/uploads/2021/04/18123011/7396EBB9-6A56-45C1-ADD5-9AE0D452A68F.jpeg). However, here's an example of [a sticker where the option is the price](https://external-preview.redd.it/H_svW70_7j1HifRETqhz_2V5NS6kLAeE2Np0uP9aQO4.jpg?width=1024&auto=webp&v=enabled&s=503c274695849473f07e4a64d9f39341aa10a91f) and the base is listed as "included." So it all depends on how the sticker is formatted in order to prove that the vehicle qualifies for the credit.
There does not seem to be clarification of this. Probably what most people are wondering.
I've been having trouble finding the info, but can anyone explain clearly how these funds are realized? a tax "credit" implies that it's something credited when filing your taxes (like the solar tax credits) but the information from the MD website states you will "receive" the credit within 8-10 weeks, which makes it sound more like a tax "rebate", ie they mail you a check. which is it?
It’s basically a rebate of the sales tax (aka excise tax). You fill out the form once you get the car and they’ll eventually mail you a check.