Property Taxes on Boats

[sandm]

https://dor.sc.gov/tax/casual-excise

In the first part of this description, I see it says not to exceed $500.

I saw that when I looked as I couldn't believe it was that much. as near as I could figure out, what you posted is just on the actual purchase. there's a yearly tax on the boat similar to car registration only they call it a use tax and then charge a fee for the numbers on the side.
go here and plug in a 180k boat in the "other" and see what you get: http://www.lex-co.com/scripts/cgiip....ng/vTaxEst.htm

nevada is similar in that our cars get charged a "registration" and then a tax on the vehicle based on nada value but it's nowhere near what SC is charging. our 2020 camaro ss runs us $600/yr on a 45k ride. boats don't pay it as it's vehicle not watercraft. taxes go to roads afaik. looks like SC is using it to fund schools.

** edit mgs replied prior to me