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GH85Carrera GH85Carrera is online now
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Join Date: Nov 2007
Location: Oklahoma
Posts: 86,156
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Quote:
Originally Posted by red-beard View Post
Why?

They get a huge amount of sales tax with an electric car. At 7%, an average Tesla Model 3 ($50K) will put $3500 in the state coffers.

A car that gets 25 mpg will use 4000 gallons over 10 years. At 38.5 cents/gallon and 2.3% inflation has a NPV of $1361.85. A $30K car therefore will put an equal amount of money into the state coffers.
You know why. Because they can. Tax and spend.

The price of a license tag in Oklahoma, and most states is purely predicated on sales price. So a Million dollar 918 pays huge taxes and likely gets driven very little and caused no real damage to the road. Yet a 20 year old F-350 diesel truck that hauls around a heavy work trailer pays 21 bucks per year. And a 18 wheeler pays a lot of taxes, but in relation to the road damage they cause, gets a free ride.
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Glen
49 Year member of the Porsche Club of America
1985 911 Carrera; 2017 Macan
1986 El Camino with Fuel Injected 350 Crate Engine
My Motto: I will never be too old to have a happy childhood!
Old 04-16-2019, 06:58 AM
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