June 23: Higher tax on car sales coming July 1 (Richmond Times-Dispatch)

June 24, 2013

Starting July 1, buying a car will become a bit more expensive in Virginia.

The state’s tax on motor vehicle sales will increase from the current rate of 3 percent of the sale price to 4 percent.

The increase is enough to add a few hundred dollars to the cost of a typical automobile. The minimum tax will increase from $35 to $75...

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