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Old 02-12-2014, 06:40 PM   #1
dskang91
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Price of a Title Transfer?

Hey, guys. Just bought a motorcycle today, and was just wondering if any of you out there know how much it would be to just transfer over a title?

Bought the bike for $3,000 (don't know if that matters or not for taxes?)

Any information would help! Thanks
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Old 02-12-2014, 06:48 PM   #2
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http://txdmv.gov/spv-calculator
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Old 02-12-2014, 06:51 PM   #3
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trasnfer fee 't' = State Motor vehicle sales Tax (6.25%) x Sale Price (3,000)

T=.0625(3000)
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Old 02-12-2014, 06:58 PM   #4
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They dont use sale price .... They go off of the value of the bike....
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Old 02-12-2014, 07:09 PM   #5
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Quote:
Originally Posted by Rod View Post
licensed vehicle dealer are required to pay motor vehicle sales tax of 6.25 percent on the purchase price or standard presumptive value (SPV), whichever is the highest value.


Its always the SPV as its usually some outrageous inflated price....
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Old 02-12-2014, 07:09 PM   #6
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depending on how new around 200
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Old 02-12-2014, 07:12 PM   #7
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Depends on what the bikes worth. I paid around 360 for a 2008 CBR 1000 I bought last year.
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Old 02-12-2014, 08:22 PM   #8
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I just paid 290 for my 929
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Old 02-12-2014, 09:31 PM   #9
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Thanks guys! Much appreciated
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