What are the 2020 displacement tax collection standards?

[Joseph]

Automobile displacement purchase tax collection standards table: Light: Displacement below 1.0 liters (including 1.0 liters): 1%; Displacement above 1.0 liters to 1.5 liters (including 1.5 liters): 3%. Medium: Displacement above 1.5 liters to 2.0 liters (including 2.0 liters): 5%; Displacement above 2.0 liters to 2.5 liters (including 2.5 liters): 9%. Heavy: Displacement above 2.5 liters to 3.0 liters (including 3.0 liters): 12%; Displacement above 3.0 liters to 4.0 liters (including 4.0 liters): 25%; Displacement above 4.0 liters: 40%.

[VonIsabella]

As a seasoned driver with years of experience, I remember that the displacement tax in 2020 was mainly the vehicle and vessel tax, which was levied in tiers based on the vehicle's engine displacement. For cars with a displacement of 1.0 liters or below, the annual tax ranged from 300 to 480 yuan, averaging 360 yuan. For the 1.0 to 1.6-liter range, it was 360 to 660 yuan, approximately 420 yuan. For 1.6 to 2.0 liters, it was 660 to 960 yuan, around 480 yuan. For 2.0 to 2.5 liters, the tax could exceed 1,000 yuan, such as 1,500 yuan. The tax is paid during the annual vehicle inspection or when purchasing insurance, collected by the insurance company, which is very convenient. When choosing a car, don't just look at the price—smaller displacement means lower taxes and better fuel efficiency, saving a lot of money in the long run. For example, my small-displacement car has low annual taxes and sufficient power for city commuting. It's advisable to check the specific local tax rates before buying a car, as they may vary slightly between cities.

[DiElisa]

When I bought my car, I paid attention to the 2020 displacement tax standard, which is actually the vehicle and vessel tax. The smaller the displacement, the lower the tax: for engines below 1.0L, the annual tax is 300-480 yuan, with a common value of 360 yuan; for 1.0-1.6L, it's 360-660 yuan, typically 420 yuan; for 1.6-2.0L, it's around 660-960 yuan, calculated at 480 yuan; for higher displacements like 2.5L, it's over 1200 yuan. The payment is made through the car insurance company, which is very simple. Considering long-term costs, choosing a model with a displacement below 1.6L is the most cost-effective in terms of taxes, being both economical and environmentally friendly. Many friends are unaware of this tax, thinking it's a minor issue, but since it's included in the insurance policy, it's easy to overlook. It's advisable to check your bills regularly to avoid tax arrears.

[Gemma]

The 2020 vehicle and vessel tax standards based on engine displacement are roughly as follows: for 1.0L and below, the annual tax is approximately 360 yuan; for 1.0 to 1.6L, about 420 yuan; for 1.6 to 2.0L, about 480 yuan; larger displacements incur higher taxes. It can be handled together with auto insurance. Choosing a small-displacement model results in lower taxes, making it suitable for family economy vehicles. For example, our car has a 1.5L displacement, with moderate and affordable taxes. Note that local policies may vary slightly.

[Brandon]

During car repairs, the 2020 displacement tax often comes up in conversation. It refers to the vehicle and vessel tax, which is collected in tiers based on engine displacement: under 1.0L is 360 yuan per year, 1.0-1.6L is 420 yuan, 1.6-2.0L is 480 yuan, and 2.0-2.5L is approximately 1500 yuan. The tax is paid during annual inspections or can be paid by insurance companies on behalf of the owner. Small-displacement cars have lower taxes, making them suitable for daily use, while large-displacement cars incur higher taxes due to environmental considerations. When choosing a car, it's wise to balance power and cost efficiency. Owners are reminded to pay the tax on time to avoid penalties.