The state of Colorado gets 2.9 percent. This portion of your vehicle registration is distributed as follows: Exceptions: Collector plated vehicles (5-yr. registration) are charged the SB09-108 add-on fees for one year only & the fee increase for farm trucks/tractors is ½ of the amount listed above. The rate then goes down to 1.5 percent for the second year of service, 1.2 percent for the third year of service and .9 percent for the fourth year of service. The late fee is $25.00 per month, with the total amount not exceeding $100 (four months). Tax credits are available in Colorado for the purchase, lease and conversion of light, medium and heavy duty alternative fueled vehicles (electric/EV, plug-in hybrid or PHEV, compressed natural or CNG, liquefied natural gas or LNG, liquefied petroleum gas or LPG, and hydrogen.) The tax is paid when you first register a vehicle and annually thereafter. It is distributed to the various taxing entities in accordance with established mill levies. *PPRTA tax is not due if the address is located within the town limits of Calhan, Fountain, Monument, or Palmer Lake. $100 down on approved credit at 19.9% APR for 30 months at $41.89 per month per $1,000 financed. SALES TAX. A grace period of one month after the expiration is allowed. To find out your auto sales tax, take the sales price of your vehicle and calculate 7.72 percent of this price. Temps nearly steady in the low to mid 30s. The Colorado sales tax rate is currently %. This fee will always stay the same unless there is an increase in the fee through State legislation. With just a quick hop off of Interstate 25, you'll be able to find the EchoPark ® Store and get started on the route to your next excursion. Dealerships may also charge a documentation fee or "doc fee", which covers the costs incurred by the dealership preparing and filing the sales contract, sales tax documents, etc. This information is intended to provide basic guidelines regarding the collection of sales and use tax, ownership tax, and license fees. Putting this all together, the total sales tax paid by Colorado Springs residents comes to 8.25 percent. As for specific ownership tax, this tax is sanctioned by a section of the Colorado Constitution (for purists, Article X, Section 6) going all the way back to 1937. About one inch of snow expected. CITY OF COLORADO SPRINGS SALES TAX RETURN Return must be filed even if no tax due Returns are late if not in tax office or postmarked by due date Always retain a copy for your records Make check or money order payable to The City of Colorado Springs Questions: Tele: 719-385-5903 or Email: Mailing address: If the vehicle is 10 years old, the tax would be $3. For any type of trailer, this is the empty weight. A late fee will be imposed on a registration renewal transacted after the one-month grace period. These late fees, however, may not exceed the limit of $100 total. Sales and purchases of food sold through vending machines are exempt from Colorado sales tax. If you live within the boundaries of the Pikes Peak Rural Transportation Authority, that entity collects a 1 percent sales tax. If you exercise your option to purchase the vehicle at the end of the lease term for its residual value, you'll pay sales tax on that amount. This helps to cover the hit you take when your trade-in credit is based on wholesale value and you could sell your trade in vehicle privately for a higher retail value. On a $30,000 vehicle, that's $2,475. Motor vehicle dealerships, should review the DR 0100 Changes for Dealerships document, in addition to the information on the DR0100 Changes web page. The latest sales tax rate for Colorado Springs, CO. On The Courner Of Circle & Platte Place. Included in this category are trailers, camper trailers, multipurpose trailers, trailer coaches and special mobile machinery, that weigh up to 16,000 pounds and are taxable. El Paso County is the only county in the state to forego collection of the business personal property tax. The taxable value is 85 percent of the manufacturer's suggested retail price and not what was actually paid by a purchaser. Late fees are $25 per month, with the total amount not exceeding $100 (four months). To cite an example, the total sales tax charged for residents of Denver amounts to 7.72 percent. The following table is intended to provide basic information regarding the collection of sales and use tax and reflects rates currently in effect. Home; Cars For Sale . This exemption applies to state, Regional Jim Flynn is a private attorney with Flynn Wright & Bentley LLC in Colorado Springs. South Dakota v. Wayfair, Inc. Taxable Value: 85% of the Manufacturer Suggested Retail Price (MSRP). Sales Taxes: 7.40% [The total of all sales taxes for an area, including state, county and local taxes.Income Taxes: 4.63% [The total of all income taxes for an area, including state, county and local taxes.Federal income taxes are not included.] Renewal of your motor vehicle registration is due in the month of expiration. *PPRTA is due if the address is located in El Paso County, cities of Colorado Springs, Manitou Springs, Ramah, and Green Mountain Falls. The Colorado Springs, Colorado sales tax is 8.25%, consisting of 2.90% Colorado state sales tax and 5.35% Colorado Springs local sales taxes.The local sales tax consists of a 1.23% county sales tax, a 3.12% city sales tax and a 1.00% special district sales tax (used to fund transportation districts, local attractions, etc).. This grace period does not apply to temporary permits. The current tax rates are as follows: Chance of snow 70%. Trailers, Campers, Trailer Coaches , Trucks and Special Mobile Machinery (SMM) Equipment are in a different tax class and subject to a different Specific Ownership Tax scale. Colorado has state sales tax of 2.9%, and allows local governments to collect a local option sales tax of up to 8%.There are a total of 223 local tax jurisdictions across the state, collecting an average local tax of 3.373%. Colorado will give the buyer credit for state sales tax paid up to 2.9% of the purchase price. Late fees may apply when a registration renewal is not completed within the designated time period. In the example above of a $30,000 purchase, if the vehicle is new, the specific ownership tax due at registration would be $630. Contact him at He also is the author of three law-related novels. Click here for a larger sales tax map, or here for a sales tax table.. Explore 1 to 4 Year Old Vehicles in Colorado Springs. Contact. 8.25% is the highest possible tax rate (80901, Colorado Springs, Colorado) The average combined rate of every zip code in Colorado Springs, Colorado is 7.016%.