California vehicle license fees increase

May 19, 2009 2:50:20 PM PDT
Vehicle license fees in California are rising significantly.

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The fee is increasing from .65 percent to one point, 15 percent of the vehicle's value. It applies to both renewed registration and when purchasing a new car.

So, for instance, if you buy a car for $20,000, the vehicle license fee will be $231. It used to be $131.

The increase is part of the state's budget deal, signed into law in February.

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