EVA Tax Credit Rollout

[Jeff Kershner]

I have a GMC Hummer EV and a Cadillac Vistiq EV. Just renewed my plates and it came out to $2,200 for the year.

Michigan bases plate renewals on the vehicle’s original MSRP, which is especially brutal with EVs since they’re generally much more expensive vehicles than comparable gas vehicles. The wild lease programs just make them feel way more affordable than the MSRP suggests.

Then our governor (D) just tacked on another ~$300 EV fee per vehicle.

And that’s not even counting all the taxes I’m already paying on the electricity to charge them, plus the higher insurance costs.

Will I buy another EV? 100%. Best vehicles I’ve ever owned.

DUDE - that's INSANE!!!

plate renewals on the vehicle’s original MSRP

WTF!!!


Let's be real, MOST people can't afford this.

 

[Ryan Everson]

plate renewals on the vehicle’s original MSRP

WTF!!!

Yeah it makes zero sense that a 10-year-old vehicle’s plate renewal fee is still tied to what it cost brand new, but that's Michigan!

And you don’t even want to know what we pay for insurance. Michigan has the highest car insurance costs in the country thanks to unlimited lifetime medical benefits regardless of fault. I have the lowest coverage option with $1,000 deductibles and still pay $455/month with a perfect driving record.

 

[Jeff Kershner]

Yeah it makes zero sense that a 10-year-old vehicle’s plate renewal fee is still tied to what it cost brand new, but that's Michigan!

And you don’t even want to know what we pay for insurance. Michigan has the highest car insurance costs in the country thanks to unlimited lifetime medical benefits regardless of fault. I have the lowest coverage option with $1,000 deductibles and still pay $455/month with a perfect driving record.

Maryland it right behind MI for the highest Vehicle Insurance premiums. I pay $7000 a year for (2) 20+ year old vehicles, a 2019 and my 2023 on $500 deductibles and a CLEAN record.

I just added a 20+ year old Mercedes-Benz convertible to the policy, thinking it would be labeled as a garaged vehicle (less than 1.5K miles a year) and only cost me a few dollars a year to insure. NOPE - they changed up the definition for "collectable and history" tags a few months ago. So instead, what I pay to insure it yearly is almost as most as I paid for the damn thing.

Yet it's a conspiracy theory to believe they're intentially GUTTING the middle class.