Phoenix – Were you thinking of buying one of these electric cars? A person driven by natural gas?

If you take action around Christmas, you can save yourself a lot of money, if not now on the road.

And that’s because Arizona is changing the rules on how much it costs to register your vehicle each year.

Simply put, it will be more expensive – but not at the end of the year.

The change is the culmination of years of efforts by some lawmakers to raise more money to build and repair Arizona roads. But it is not a political initiative by promoting petrol tax, which is more acceptable – albeit less financially – to get owners of non-polluting vehicles to pay their fair share.

Arizona vehicle license fees are based on 60% of the original purchase price, with an estimated $ 2.80 tax per $ 100 tax.

So if the original retail price of your new vehicle is $ 30,000, the estimated value is $ 18,000 for the first year of registration. And the fee is $ 504.

However, the estimated value of the $ 30,000 electric vehicle is 1 percent of the total retail price. So it translates to $ 300.

Couples with $ 4 for each $ 100 tax leave the owner for an annual subscription fee of $ 12.

It all starts to change next year.

The law is effective January 1, with subsequent fees set at 20% of the original purchase price. So the same $ 30,000 vehicle purchased next year has a $ 6,000 and $ 240 registration fee.

And from 2023 onwards, the calculation method will be the same, which means that the fee is $ 504 regardless of the vehicle.

But here’s the thing.

To make the change even more exciting, lawmakers agreed on the size of the article. Simply put, if you have one of the cars that the state calls “alternative fuel” by the end of this year, you can keep that 1% rating.

You will maintain that ratio forever – or at least as long as you own the car or truck.

A.D. The same is true for people who buy a car in 2022. This 20% assessment ratio will remain in place until the law changes in 2023.

And that last day of the year is strong.

If you buy from a dealer, the Motor Vehicle Division will receive your temporary registration permit as the official registration date, even if you do not have your correct license yet.

However, if you are buying from another person, regardless of the time of purchase, the new ownership document must be eligible for a lower price before January 1 at the MVD office or authorized agent. And the MVD offices will close on Friday, December 31 to celebrate this year’s New Year’s Eve.

What does not affect your tax rate is the repayment of your vehicle loan and the removal of the lender’s name from the title.

For the record, MVD identifies a viable alternative fuel vehicle as anything that is powered by electricity, hydrogen, solar or natural gas, compressed or liquid fuel. Mixed vehicles with petrol-powered engines, no matter how small, are ineligible.

According to the agency, there are currently 63,000 alternative fuel vehicles out of a total of 7.44 million registered vehicles in Arizona. Of these 63,000, MVD reports that 41,000 are electric.

There are other factors that go into environmental issues, such as electricity, $ 4 per gallon of gasoline and the price of natural gas is unknown.

And there is no other option: MVD will issue a special license plate to access HOV lines at any time, regardless of when the fuel tank was first registered, regardless of the number of passengers in the vehicle.

But there is another factor to consider: It is a very expensive time to buy a new car.

The price of many cars and trucks – no matter how much fuel goes out – is rising, and most of the manufacturers involved in supply chain issues do not get some of the parts they need.

Last month, Tesla introduced a new price increase for some of its vehicles.

According to Autoweek, the Model 3 now costs $ 43,900 to buy, plus $ 2,000. A similar increase hits Model Y and now has a base price of $ 56,900.

And for those who have not yet developed the Model S, prices were as low as $ 69,420 this year. The new figure starts at $ 94,990.

That option is not just a fuel issue.

Kelly Blue Book reported that the average selling price of the new vehicle reached $ 45,031 in September, up more than 12 percent from last year.

On the other hand, there is reason to believe that the price will be lower than expected – and not just those supply chain issues. According to car and driver and automotive news, the cost of electric car batteries, which cover most of the cost of these vehicles, is expected to decrease by 2023 and beyond, and the cost of these cars and trucks can be compared to. Burned with gasoline.