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I'm really not sure. There's VAT which is around 20%ish, maybe that's lower in the US? And then registration + carbon taxes cost on top, but I didn't even inclu
by namdnay 6y ago
I'm really not sure. There's VAT which is around 20%ish, maybe that's lower in the US? And then registration + carbon taxes cost on top, but I didn't even include that in the price
It's also just that middle-class and higher incomes are much lower here than in the US + property is on average much more expensive. so people don't have as much disposable income to burn on cars
- xyzzyz 6y agoMany countries also have specific taxes based on engine size and emissions. For example, for 2020 Ford Explorer, a relatively popular SUV in the US (often a police car), you’d pay something like 12k EUR of extra pollution tax in France at purchase.
- mytailorisrich 6y agoIn general registration fees are very small compared to the price of a new car, though it probably varies per country. In the UK it's £55... On the other hand, 20% VAT is painful and unheard of in the US afaik (<7% I believe).
- namdnay 6y agoThe registration fees in France can go from a couple of hundred to tens of thousands of euros, to be paid every time the car changes owner... on top of the pollution tax, paid only the first time
- mytailorisrich 6y agoThe 'beauty' of France is that working this out obviously requires complicated parameters and formulas. France: https://immatriculation.ants.gouv.fr/Vos-demarches/Cout-et-taxes-additionnelles https://immatriculation.ants.gouv.fr/Vos-demarches/Cout-et-t... UK: https://www.gov.uk/vehicle-registration/new-registrations-fee https://www.gov.uk/vehicle-registration/new-registrations-fe... As Frenchman in the UK I like to take the piss out of my 'compatriotes'. ;)
- sgerenser 6y agoThere is no VAT in the U.S. Each state (except for a few) has a sales tax that may or may not apply to vehicles, but if it does the rate is usually 5-8% not 20%. And since it’s variable it’s tacked on at the point of sale not embedded into the “retail price” of the car.