New Jersey State to Ask EV Buyers To Pay 4 Years of Registration Up Front

[Watts_Up]

New Jersey Introduces Annual EV Fee, Punishing Owners Who Go Green

We examine a new law introduced in New Jersey that will initially impose a $250 annual electric vehicle registration fee and increase by $10 annually.

insideevs.com

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Starting in July, New Jersey EV owners must pay an annual $250 road tax fee ​

in an effort to offset the state's loss in fuel tax revenue. ​

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The new fee will increase by $10 each of the next four years until it reaches $290 in 2028. ​

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To make matters worse, New Jersey requires buyers and leases of all new vehicles ​

to pay four years of registration fees upfront and the new EV fee will be included in that initial payment. ​

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Therefore, beginning in July, any new electric vehicle purchased or leased in New Jersey ​

will cost $1,060 more than it does today. ​

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That's considerably damaging since the higher initial cost of an electric vehicle​

is one of the biggest impediments to EV adoption. ​

 

[LoudMusic]

That's a flaming load of horse manuer. I'm not even opposed to an additional EV registration fee, but $250 is absurd and requiring 4 years up front is asinine.

Road tax needs to be done by weight of vehicle and miles driven. Make it the same for every vehicle regardless of powertrain and fuel type. Make it ultra simple. $0.01/mile/ton. Drive a 2 ton vehicle 15,000 miles, that'll be $300 road tax.

 

[Watts_Up]

Road tax needs to be done by weight of vehicle and miles driven. Make it the same for every vehicle regardless of powertrain and fuel type. Make it ultra simple. $0.01/mile/ton. Drive a 2 ton vehicle 15,000 miles, that'll be $300 road tax.

The tax should certainly be based on mileage and weight of the car. This is not a democratic law as small vehicles used only for short commute
get taxed the same way as heavy users, such as UBER taxis or limousines, or truckcs used by building contractors.

 

[shahryaran]

Just leave the state

 

[Earl]

Just leave the state

"baby we were born to run"
- Springsteen

 

[LoudMusic]

The tax should certainly be based on mileage and weight of the car. This is not a democratic law as small vehicles used only for short commute
get taxed the same way as heavy users, such as UBER taxis or limousines, or truckcs used by building contractors.

Variable weight vehicles, such as heavy cargo trucks, would need some kind of specialized taxation. But it needs to be simple. Like taxing at the rate of 70% loaded for all miles. That way if they're over 70% it's "free" (untaxed) additional weight, but if they're below, well they get over taxed. So just make sure your vehicle is more often full up.

 

[dachshund]

That sounds like a lot, but we are skipping the taxes paid when buying gas. In California I expect an extra fee will be added to the annual registration for EVs.

 

[Zer0t]

It's not good but against the backdrop of no sales tax it's a little less of a sting. I think that could have been 100 bucks or so per year.