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.03% state sales tax of either vehicle purchase price or DMV appraisal at purchase
$25.00 per year for tag renewal
$12.00 safety inspection (brakes, tires, lights, etc.) every year
Annual personal property tax (again by DMV appraisal value)
Mandatory liability insurance (varies by region, driver and motorcycle type)
Crap, this stuff adds up! Don't get me started on toll roads, bridge crossing fees and gasoline tax....
Here in taxachusetts we have to pay 6.25% of the cot of the bike for sales tax. Insurance is a must, max if carrying a loan. Then every year we have to pay excise tax to the town. This covers the cost of repairs to the streets. they get us on every level.
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