By allowing ads to appear on this site, you support the local businesses who, in turn, support great journalism.
Residents think new vehicle tax reform will save money
Changes eliminate annual ad valorem birthday tax
0218cars
Bill Sams, of Gainesville, strolls through the Milton Martin Honda lot looking at trucks Saturday afternoon. Motor vehicles purchased on or after March 1 will be exempt from sales and use taxes and the annual ad valorem “birthday tax,” and instead there will be a one-time title fee of 6.5 percent when the vehicle is registered or bought at a dealership.
While Forsyth County resident Karen Barrett said the new ad valorem title tax that goes into effect March 1 didn’t influence her recent car purchase, she said she believes the reform will save her money. Motor vehicles purchased on or after March 1 will be exempt from sales and use taxes and the annual ad valorem “birthday tax,” and instead there will be a one-time title fee of 6.5 percent when the vehicle is bought. The upfront fee will also apply to private sales between individuals, new residents to Georgia and vehicle ownership changes.