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For example, if you trade in a car with a market value of $10,000 and you buy a new car that's valued at $15,000, you'll only have to pay sales tax on the $5,000 difference.
You can use several pricing guides and consult with more than one guide to give you a more precise value. Some popular online car value calculators include the following: Carfax. Edmunds. Kelly ...
Trade-in value: This is the value of your car after trading it in to a dealer for another car. Trade-in value is calculated after the dealer assesses your vehicle’s condition and factors in what ...
The company reports market value prices for new and used automobiles of all types, as well as motorcycles, snowmobiles and personal watercraft. [16] For both new and used automobiles, Kelley Blue Book provides a fair market range and fair purchase price, based on actual transactions of what others are paying for a vehicle and adjusted regularly as market conditions change.
The Free State is the only province in South Africa that places an expiry date on its registration plate. Every five years the owner is required to replace the plate irrespective of condition. [12] This is only enforced in the Free State and if the owner uses the vehicle with "expired" plates in any other province he/she will not be prosecuted.
The tax horsepower or taxable horsepower was an early system by which taxation rates for automobiles were reckoned in some European countries such as Britain, Belgium, Germany, France and Italy; some US states like Illinois charged license plate purchase and renewal fees for passenger automobiles based on taxable horsepower.
Spending a little extra here and there on your car can mean significant savings, as well as better safety and performance, in the long run. Here are 18 things worth the extra money.
In 2004, South Africa was responsible for the manufacture of 84% of all vehicles produced in Africa, 7 million of which are on the South African roads. Also in 2004, the industry made a 6.7% contribution to the GDP of South Africa and 29% of all South African manufacturers made up the country's automotive industry. 2004 also saw 110,000 ...
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