I recently bought a 1992 525I with 60k. Today I received my registration renewal notice and I was astonished at the renewal fee, $449.00. I live in the state of Califoria and unless there is a BMW tax which I don't know about, this fee seems pretty high to me. Does that amount sound right? I know it's a BMW, but it is almost ten years old, I am the second owner, and hell it is a used car! Please tell me if you are paying about the same (which would relief me greatly), or if I am right that I "will" be paying too much. Thank You Very Much!