Sales Tax Chart and Fees

Registration fees

Registration fees are comprised of both LICENSE FEES and OWNERSHIP TAX.

License Fees: These fees are based upon the age and weight of the vehicle. They can range from fifty (50) to several hundred dollars. The average LICENSE FEE for passenger vehicles and light trucks is approximately $125.00.

Ownership Tax: Ownership tax is based on the age and TAXABLE VALUE of the vehicle. TAXABLE VALUE is a percentage of the MSRP (Manufacture Suggested Retail Price) or list price when new. See the percentages in the chart below. Take the TAXABLE VALUE times the percentage based on the age of the vehicle.

Example: I purchase a passenger vehicle whose model year is last year. The original list price was $33,580. To estimate my fees, I take the list price x 85% x 1.5% and then add the license fee: 33580 x 85%= 28543 x 1.5%=428.15 plus 125.00 = $553.15

A named owner must be present with their ID in order to title, register and obtain a temporary permit. If you cannot be present, you must provide a Colorado notarized power of attorney form appointing an agent to do your transaction on your behalf. This form is available on the State of Colorado's DMV website.

Business owners must provide a Letter of Authorization stating agents authorized to do transactions on behalf of the business.

Sales / Use Tax

Sales tax is due at the time of titling. The tax is based upon your purchase price and your legal address at the time of purchase.