A tag credit is a credit applied toward the $225 Initial Registration Fee in Florida.
Initial Registration Fee
The $225 Initial Registration Fee is required when a vehicle owner does not have a Florida license plate or a record of a Florida license plate previously registered in their name that can be transferred to a newly acquired vehicle.
How a Tag Credit Works
When a license plate and registration are surrendered, the customer receives a tag credit, assuming the initial registration fee was originally paid. This credit allows the initial registration fee to be waived when registering another vehicle in the future.
Important Things to Know
- A tag credit can only be used one time.
- If the credit is used and the customer later needs to register an additional vehicle, the $225 initial registration fee will be due again, if applicable.
- The credit is tied to the owner and can only be applied to another registration in their name.
Understanding how tag credits work can help you plan ahead and avoid unexpected fees when registering a new vehicle in Florida.