NoVA Property Tax

s0ul · 04-05-2016, 08:27 PM

How long did it take for you to receive your prorated property tax? I got my car on Jan 22nd and I have registered the car in Fairfax but I here I am April, and I haven't received any bill to pay, I checked online and I see 0$? so wtf?

chillindrdude · 04-05-2016, 09:29 PM

did you lease?

s0ul · 04-05-2016, 09:42 PM

Quote:

Originally Posted by chillindrdude

did you lease?

No, financing

cotmfk · 04-06-2016, 06:47 AM

Fairfax bills once per year, in October.

C-ARchitect · 04-06-2016, 08:11 AM

I recently leased an X5 (first time) for my mom through BMW FS, do I get the annual personal property tax bill from FFX county or does BMW get it/pay it and then bill me (Lease is registered under my name)?

jonze · 04-06-2016, 08:22 AM

Quote:

Originally Posted by C-ARchitect

I recently leased an X5 (first time) for my mom through BMW FS, do I get the annual personal property tax bill from FFX county or does BMW get it/pay it and then bill me (Lease is registered under my name)?

BMW will pay the taxes and your payment will be sky high for that month. You'll see the huge payment deducted, say WTF, and then remember it's tax time.

s0ul · 04-06-2016, 08:45 AM

Quote:

Originally Posted by cotmfk

Fairfax bills once per year, in October.

I am under the impression I will get billed in October for next year? Which is why I am wondering if I will receive the bill for this year?

Or do I have this wrong?

kim6jj · 04-06-2016, 09:03 AM

Quote:

Originally Posted by s0ul

I am under the impression I will get billed in October for next year? Which is why I am wondering if I will receive the bill for this year?

Or do I have this wrong?

Pretty certain a bill will come in in October for however long you had the vehicle for the current year.

s0ul · 04-06-2016, 09:13 AM

Quote:

Originally Posted by kim6jj

Quote:

Originally Posted by s0ul

I am under the impression I will get billed in October for next year? Which is why I am wondering if I will receive the bill for this year?

Or do I have this wrong?

Pretty certain a bill will come in in October for however long you had the vehicle for the current year.

Ah! Thanks

Dinh335 · 04-06-2016, 01:08 PM

Quote:

Originally Posted by s0ul

Ah! Thanks

yep, that is correct...i got mine Jan 2015, and received the bill end of summer, with it being due in October...

prepare for tax sticker shock!

golovko · 04-06-2016, 02:40 PM

Quote:

Originally Posted by jonze

BMW will pay the taxes and your payment will be sky high for that month. You'll see the huge payment deducted, say WTF, and then remember it's tax time.

One thing to note here, this only happens if you have auto-draft setup to pay the balance and not just the lease payment.

When you setup auto-draft for a lease through BMW FS, you get the option of a) just paying your lease payment or b) paying whatever the balance is. If you went with option A then you need to login and pay the balance carried over from the property taxes yourself.

Relak · 04-07-2016, 05:31 AM

Fairfax makes you pay property tax on vehicles..?

cotmfk · 04-07-2016, 06:07 AM

Quote:

Originally Posted by MKitSS

Fairfax makes you pay property tax on vehicles..?

Yes, all counties in Virginia do this.

Maryland has higher income taxes, Va gets their money in other ways (like through the car tax each year).

cotmfk · 04-07-2016, 06:09 AM

Quote:

Originally Posted by Dinh335

Quote:

Originally Posted by s0ul

Ah! Thanks

yep, that is correct...i got mine Jan 2015, and received the bill end of summer, with it being due in October...

prepare for tax sticker shock!

Yup! I budgeted $3k for it for the first year. I'm thinking based on others' comments it will be between $2,600-2,800, so it was easier for me to just overestimate with $3k.

shortseller · 04-07-2016, 07:53 AM

Quote:

Originally Posted by cotmfk

Yup! I budgeted $3k for it for the first year. I'm thinking based on others' comments it will be between $2,600-2,800, so it was easier for me to just overestimate with $3k.

That's what I got hit with my first year! Yeah it was a bit of a shock to say the least. I immediately when out for a drive...and felt better.

TillyM · 04-15-2016, 07:59 AM

just got my bill in loudoun county for first 1/2 year @ 1055.46 ,, not bad,,

s0ul · 07-27-2016, 04:36 PM

Just got mine for 11 months.

Came up to 2600$ before tax relief. Car was assessed as $62,000 a lot less than I expected.

but fuck dude...

elias · 07-27-2016, 05:23 PM

I paid $670 for six months!

s0ul · 07-27-2016, 05:29 PM

Quote:

Originally Posted by S65-M3

Move out of Virginia and your problem is solved lol

But in all seriousness, VA taxes on everything. Income, real estate property, car property, sales tax (6%, 4% for car)....they is no tax break on anything!

Man if I move out, they'll just be taxing me on something else. They'll always find ways to fuck you over dry.

Look! That guy has a glorious beard! Tax that shit out of him!

SpeedandTechM · 07-28-2016, 07:12 AM

it always balance out. if tax is lower than something else is higher

MrSmileyDC · 07-28-2016, 11:02 PM

Quote:

Originally Posted by S65-M3

Quote:

Originally Posted by s0ul

Just got mine for 11 months.

Came up to 2600$ before tax relief. Car was assessed as $62,000 a lot less than I expected.

but fuck dude...

Move out of Virginia and your problem is solved lol

But in all seriousness, VA taxes on everything. Income, real estate property, car property, sales tax (6%, 4% for car)....they is no tax break on anything!

No kidding. Plus the tolls! Mine is $2563 after the tax credit.

Msmall143 · 08-02-2016, 06:19 PM

the assessed value is typically the base price. they dont know what options you ahve.

04-05-2016, 08:27 PM	#1
s0ul Coder 573 Rep 1,540 Posts Drives: '13 F30 328xi, '16 F82 (soon) Join Date: Sep 2015 Location: NoVA iTrader: (2)	NoVA Property Tax How long did it take for you to receive your prorated property tax? I got my car on Jan 22nd and I have registered the car in Fairfax but I here I am April, and I haven't received any bill to pay, I checked online and I see 0$? so wtf? __________________ 2016 ///M4: SO / SS — Lovin' it!
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04-05-2016, 09:29 PM	#2
chillindrdude Lieutenant Colonel 1161 Rep 1,726 Posts Drives: anything with 4 wheels Join Date: Feb 2015 Location: Virginia iTrader: (1)	did you lease? __________________ My Trackable Street Car 2016 BMW M4 GTS
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04-06-2016, 06:47 AM	#4
cotmfk Major General 2038 Rep 6,101 Posts Drives: M3 Join Date: Mar 2009 Location: Somewhere between DC and FL iTrader: (12)	Fairfax bills once per year, in October. __________________ When you say impact instead of affect/effect, you are communicating that you don't understand the difference between the two words, and are too lazy to learn.
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04-06-2016, 08:11 AM	#5
C-ARchitect Banned 281 Rep 473 Posts Drives: Miniature Ferrari Join Date: May 2014 Location: DC/MD/VA/PA iTrader: (0)	I recently leased an X5 (first time) for my mom through BMW FS, do I get the annual personal property tax bill from FFX county or does BMW get it/pay it and then bill me (Lease is registered under my name)?
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04-07-2016, 05:31 AM	#12
Relak Battle Buddy 247 Rep 453 Posts Drives: X3 Join Date: Nov 2015 Location: Maine iTrader: (2)	Fairfax makes you pay property tax on vehicles..? __________________
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04-15-2016, 07:59 AM	#16
TillyM First Lieutenant 158 Rep 381 Posts Drives: 2022 G82 Xdrive Join Date: May 2015 Location: Northern Virginia iTrader: (0) Garage List 2022 M4 Xdrive [9.83] 2016 MINI JCW [10.00]	just got my bill in loudoun county for first 1/2 year @ 1055.46 ,, not bad,,
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07-27-2016, 04:36 PM	#17
s0ul Coder 573 Rep 1,540 Posts Drives: '13 F30 328xi, '16 F82 (soon) Join Date: Sep 2015 Location: NoVA iTrader: (2)	Just got mine for 11 months. Came up to 2600$ before tax relief. Car was assessed as $62,000 a lot less than I expected. but fuck dude... __________________ 2016 ///M4: SO / SS — Lovin' it!
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07-27-2016, 05:23 PM	#18
elias Lieutenant 81 Rep 424 Posts Drives: M4 Join Date: Sep 2011 Location: Virginia iTrader: (0)	I paid $670 for six months!
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07-28-2016, 07:12 AM	#20
SpeedandTechM Banned 49 Rep 119 Posts Drives: e36 M3s, e46 M3 Join Date: Apr 2016 Location: VA/DC/MD iTrader: (0)	it always balance out. if tax is lower than something else is higher
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08-02-2016, 06:19 PM	#22
Msmall143 Lieutenant 270 Rep 486 Posts Drives: BMW M4, BMW S1000RR Join Date: Mar 2016 Location: Loudon VA iTrader: (0)	the assessed value is typically the base price. they dont know what options you ahve.
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