Getting a new or used car, whether buying or leasing is an expense and in Colorado vehicle registration is another part of the equation to budget for.
Travis Sheveland knows the drill all too well, he and his wife often lease new vehicles so he's used to going in to register his vehicle.“I truly think the majority of people that are getting a vehicle this year have no idea what they’re in for,” Sheveland said.
One of the biggest surprises for him? A $50 late fee, after he took the temporary tag in a week after it expired. However, back taxes and fees accumulate at the time of purchase. For example, because Sheveland's temporary plate expired on July 26th, the late fee kicked in on the 27th, and because it wasn't registered by July 31st, another $25 fee was applied at the start of August.
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