Ricks Lightning
Well-known member
- First Name
- Rick
- Joined
- Jun 13, 2024
- Threads
- 12
- Messages
- 335
- Reaction score
- 320
- Location
- Los Angeles
- Vehicles
- 2023 F150 Lightning Pro, 2024 F150 Lightning Flash
- Occupation
- Plumbing Contractor
California went from $0.00 as an incentive to go electric. To $100. And now $200. For the electric add on fees.
Add in the weight fees for commercial registration and the registration fees, this adds up to over $1000. In registration alone.
Sales tax on the truck is based on your county, Los Angeles is 9.5%.
On a purchase of 50k you pay $4750 on sales tax alone plus all the registration fees.
On a lease, you pay all the registration fees, but only a percentage of the sales tax depending on the terms and residual value percentage. So if the residual is 65%, you pay 35% of the sales tax.
Yes, owning a commercial vehicle with additional weight fees is not cheap.
Add in insurance cost in California, cost of living in California and now the cost of rebuilding after the wildfires that ultimately we will be playing for with added taxes, insurance rates, ect. Please think twice before you decide to move here.
Rick
Add in the weight fees for commercial registration and the registration fees, this adds up to over $1000. In registration alone.
Sales tax on the truck is based on your county, Los Angeles is 9.5%.
On a purchase of 50k you pay $4750 on sales tax alone plus all the registration fees.
On a lease, you pay all the registration fees, but only a percentage of the sales tax depending on the terms and residual value percentage. So if the residual is 65%, you pay 35% of the sales tax.
Yes, owning a commercial vehicle with additional weight fees is not cheap.
Add in insurance cost in California, cost of living in California and now the cost of rebuilding after the wildfires that ultimately we will be playing for with added taxes, insurance rates, ect. Please think twice before you decide to move here.
Rick
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