PennDOT Fact Sheet - Calculation Formula to Determine ...
FACT SHEET
Calculation Formula to Determine Increase Fees Due
PURPOSE This fact sheet explains the correct calculation formula to be used to determine the amount of increase in fees that are due when transferring a registration plate from a lower class vehicle type to a higher class vehicle type.
FORMULA SCENARIO EXAMPLE: Transferring a valid passenger registration plate to a Class 1 truck in September.
REGISTRATION PLATE NUMBER: ABC-1234, which is valid until December.
Step One:
Determine the difference in the amount for both registration plates per month. NOTE: For a complete listing of motor vehicle fees, refer to Form MV-70S, "Bureau of
Motor Vehicles Schedule of Fees," found on our website at dmv..
Passenger registration plate = $39.00 registration fee a year ($3.25 a
month). Truck registration plate = $67.00 registration fee a year ($5.58 a
month).
Step Two:
Determine the amount per month still owed. $5.58 (due per month for the new truck registration plate) - $3.25 (already paid for current passenger registration plate)
$2.33(due per month for the new truck registration plate)
Step Three:
Determine the actual increase in fee due. $2.33 (per month) X 4 (remaining months the passenger registration plate is still valid Sept to Dec) $9.32 (increase in fee due)
NOTE: The transfer fee is required in addition to any increase in fees that may be due.
The increase fee of $9.32(in the scenario) will allow PennDOT to transfer the applicant's current passenger registration plate and issue the requested truck registration plate in exchange for the passenger registration plate. The new truck registration plate will expire in December.
July 2021
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