Vehicle Sales Tax Increase in South Carolina on July 1, 2017

By Product Expert | Posted in Godwin Motors on Thursday, June 22nd, 2017 at 4:30 pm


A notice to Godwin Motors customers:

South Carolina currently charges a vehicle sales tax of 5% with a maximum of $300 on the sale or lease of motor vehicles, boats, aircraft, and motorcycles. This SC sales tax cap of $300 has been in place since 1984. Both Georgia and North Carolina have since removed this cap. Georgia charges the sales tax on vehicles, which is 7 percent in most counties, while North Carolina charges a 3 percent highway use tax.

South Carolina will change this cap to $500 on July 1, 2017 costing you an additional $200 to purchase a vehicle. This can be as much as $9 per month if you are financing your purchase.

The time to act is now! If you purchase a vehicle before July 1 you will enjoy up to a $200 savings.

Have you purchased from Godwin Motors in the past? Did you know about Godwin Motors loyalty program? We lower your interest rate by 3% with each consecutive purchase. That is on average a savings of $600 when financing with us. What does all this mean to you? Purchase a new to you vehicle from Godwin Motors before July 1, 2017 and save up to $800.

View our inventory on the web at www.godwinmotors.com, give us a call at 803.252.8774 or stop by our West Beltline Blvd. lot. Let us help you.

Sources:
http://www.scnow.com/news/state/article_9462e73e-8732-5b7e-9aff-25b2d2a9b2f2.html
https://dor.sc.gov/tax/max-tax

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