Damn, and I thought my annual car licence (as we call road tax here) in SA of £30 for the //M5 was a lotoohhh:Indeed. I am counting my lucky stars too.
For our US brothers...
In the UK we pay a yearly road tax. You stick the bit of paper that says you have paid in the window - get caught without one and its big fines.
For cars registered before March 2001 with a capacity bigger than 1300cc it is £185 a year.
New taxes starting next month are raising this to £445 a year and this will apply to top bracket cars, (M3's, M5's, Imprezas etc).
A topic that gets us Brits a bit emotional.
Hi - just loooking at the information on the DVLA site it would appear that the massive tax hike on top-band cars post March 2001 - details here - http://www.direct.gov.uk/en/Motoring/OwningAVehicle/HowToTaxYourVehicle/DG_10012524
only applies to cars registered on or after 23/03/06 (which none of our e39 M5's should be).