Quote:
Originally Posted by 2010CamaroRS
gotta expect the taxes to be high on a brand new 426hp machine....with MA driving...im satisfied with the 304hp v6....i mean u cant use 304hp in this area...let alone 426...i will be even more satisfied when my tax is lower than what SS owners are paying  |
The excise tax has absolutely nothing to do with a 426hp machine vs. a 304hp machine (unless you're talking about how much the car costs). That would be a factor in the insurance costs.
An excise tax is based on the value of your car. The MA excise tax is $25 for every $1000 your car is worth.
So, for those that got a $680 bill (I'm one of them)... That means the state thinks your car is worth $27,200. Each year the value of the car will drop...so your excise bill will drop.