Sales Tax Exemptions in Kentucky . Documentation of amount paid for such equipment or adaptive devices must be submitted with this certification. The tax due may be passed on to the user of the vehicle. The tax rate is $0.0285 cents per mile. A six percent (6%) motor vehicle usage tax is levied upon the retail value of vehicles registered for the first time in Kentucky. Military Exemption Kentucky Revised Statute 138.470(4), effective 1968 Motor vehicles (both new and used) sold by or transferred from Kentucky dealers to nonresident members of the armed forces on duty in this state are exempt from usage tax. 138.460 Motor vehicle usage tax -- Imposition -- Rate -- Collection -- Refunds. In Kentucky, you can exempt up to $2,500 of equity in your car or other vehicle. Example. EXEMPT TRANSFER AFFIDAVIT 71A245 (5-94) Commonwealth of Kentucky REVENUE CABINET KRS 138.470(6) provides an exemption from the motor vehicle usage tax for motor vehicles previously registered in Ken-tucky, transferred between husband and wife, parent and child, stepparent and stepchild or grandparent and grandchild. Usage Tax A six percent (6%) motor vehicle usage tax is levied upon the “retail price” of vehicles transferred in Kentucky. 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. For new vehicles, this amount is the total consideration given (the total of the cash or amount financed and the value of any vehicle traded in) or 90% of the MSRP, including all additional equipment and destination charges. She owes the dealer $9,000 on the loan, so there is $2,000 of equity in her car. Any tax exempt status of the renter or lessee is not applied to the permit holder. Motor Vehicle Usage Tax is a tax on the privilege of using a motor vehicle upon the public highways of the Kentucky and shall be separate and distinct from all other taxes imposed by the Commonwealth. Kentucky use tax applies to non-exempt tangible personal property used in Kentucky that was purchased for use in Kentucky. This page discusses various sales tax exemptions in Kentucky. Motor Vehicle Usage Tax $16.9 million $17.6 million $18.0 million Price Without Trade or Before Trade $ The portion of the retail price attributable to equipment or adaptive devices placed on new motor vehicles to facilitate or accomodate handicapped persons is exempt from motor vehicle usage tax. Average DMV fees in Kentucky on a new-car purchase add up to $21 1, which includes the title, registration, and plate fees shown above.. Kentucky Documentation Fees . On used vehicles, the usage tax is 6% of the current average retail as listed in the NADA Used Car Guide or 6% of total consideration paid. KYU is a tax license issued for all carriers traveling on Kentucky roadways with a combined license weight greater than 59,999 pounds. 11. ... An excise tax on motor vehicle usage is … ... holder or the agents should first explain the U-Drive-It program to their customers and how it relates to paying the usage tax for the state of Kentucky. You are also able to purchase a one-time temporary KYU Permit per truck in the event you are not making regular trips through the state of Kentucky. Kelly owns a 2009 Toyota Corolla worth $11,000. to the Motor Vehicle Use Tax. (1) A tax levied upon its retail price at the rate of six percent (6%) shall be paid on the use in this state of every motor vehicle, except those exempted by KRS 138.470, at the time and in the manner provided in this section. 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