What does OPEX mean in Minnesota?

opex is a measure of the total costs of operating an organization. It includes everything from labor costs to the cost of equipment required to run a business. In order to find the true cost of an organization’s operations, you need to subtract depreciation and amortization (or book value) from the total expenses.

What does OPEX mean in Minnesota license plate?

License plate fees are chosen by the state legislature and are collected by the state’s department of public safety. The money generated from the fees goes to the state’s general fund.

What are the benefits of license plates with OPEX?

A few states have license plates that are on an annual operational expense (OPEX) basis. This means that the cost of registering and licensing your vehicle is included in the cost of vehicle expenses. As a result, you pay less per month for your car insurance and may qualify for better rates.

What does OPEX mean on license plate MN?

The annual fee for an Operator’s License Plate (OLP) consists of two components: plate maintenance and registration. The total cost of a standard plate is $40 plus $20 for annual registration. The value of the plate maintenance fee is $30. For a vanity plate, the cost is $40 plus $30 for annual registration. If you wish to pay in installments, the total cost of a standard plate is $50 plus $20 for annual registration.

What does OPEX mean on a license plate?

It’s a great question! But not many people have asked about this. We did a little digging to find out the answer and found that the current plate design includes the letters “MN” and “STATE” in the company logo. While it’s not clear if the company is using the logo on the plates to suggest that the State of Minnesota is investing in them, we think it’s a pretty safe assumption!