What is car tax in North Carolina?

North Carolina vehicle property taxes are levied annually by individual counties based on a vehicle’s assessed valuation. This means the amount of property tax due will vary depending on the make, model, and year of the vehicle, as well as the county in which it is registered.

To calculate vehicle property tax, counties take 80 percent of the current market value of a car, truck, motorcycle, or RV in order to determine the “taxable value” of the vehicle. The county applies a tax rate to the assessed valuation to calculate the amount of car tax due. The tax rates vary by county, but the total rate, combining county, municipal and school district portions, may not exceed $2.00 per $100 in valuation; however, some cities and towns may levy a local motor vehicle tax of up to $150. Some counties also levy a $5 motor vehicle registration fee, with the proceeds earmarked for road maintenance.

How much is car tax in North Carolina?

The average car tax in North Carolina is $450. However, the actual amount you pay will depend on the value of your car and the county in which you live.

For example, the average car tax in Wake County is $500, while the average car tax in Mecklenburg County is $400.

When is car tax due in North Carolina?

Car tax in North Carolina is due on January 1st of each year. If you do not pay your car tax by this date, you will be charged a late fee.

What happens if I don't pay my car tax in North Carolina?

If you do not pay your car tax in North Carolina, your vehicle registration will be suspended. This means you will not be able to legally drive your car until you pay your car tax.

In addition, you may also be charged a late fee and a penalty. The late fee is $15, and the penalty is 10% of the amount of car tax you owe.

How can I pay my car tax in North Carolina?

You can pay your car tax in North Carolina online, by mail, or in person at the county tax office.

To pay your car tax online, you will need to create an account on the North Carolina Department of Motor Vehicles (DMV) website. Once you have created an account, you will be able to log in and pay your car tax using a credit card or debit card.

To pay your car tax by mail, you will need to send a check or money order to the county tax office. The address of the county tax office can be found on the North Carolina DMV website.

To pay your car tax in person, you will need to go to the county tax office. You will need to bring your vehicle registration and a valid form of identification with you.