WebAug 25, 2024 · A federal VMT tax rate must average 1.7 cents per mile to cover the highway fund’s expenditures. The actual rate per vehicle should be differentiated based on weight per axle. Introduction America’s highways are largely … WebThe highway use fee for the 26 mpg car should therefore be $10.31. An electric car pays 85% of the taxes paid by the 23.7 mpg car, which means its highway use fee is $116.49. So an electric car owner actually pays a higher fee (although taking into account the at-the-pump tax technically pays less overall).
Big changes for Va. drivers could include fuel-efficient car fee, …
WebApr 25, 2024 · The fee is assessed based on the number of miles the average Virginian drives in a year—11,600 miles. Those who participate in the program will only pay for the actual number of miles they drive... WebSep 2, 2024 · When the new fee system was implemented last year, that worked out to $109 for electric vehicles and about $19 for a typical fuel-efficient vehicle, based on the 11,600 … inbred youtube
Code of Virginia Code - Chapter 7. Highway Use Fee and Mileage-B…
WebJul 7, 2024 · The Virginia General Assembly instituted the highway use fee in 2024 to ensure drivers of fuel-efficient and electric vehicles contribute their fair share toward covering wear and tear on the... WebApplying a registration fee of $100 per year to each one (similar to what has been proposed in other states, and more than would be paid in-state gas tax by a new gasoline vehicle) … WebApr 28, 2024 · Hybrid cars use the roads. I think most municipalities have to find a way to make electric vehicle users pay for using the roads. The need is more as more consumers switch to electric. But Virginia municipalities also have a personal property tax based on the value of your car, and electric cars are worth more, so taxes are higher. inclination\u0027s dm