How does your state handle renewing trailer tags and what is the typical fee? Our truck plate renewal and trailer plate renewal both arrived in the mail today ... and they were almost the same amount! We have a 2019 open trailer that we paid about $3500 for new and the renewal is about $76 a year ... which is the same as our 2015 Silverado 3500HD LTZ Duramax ... which has a book value of slightly more than $3500. I thought Texas did those figures off the value of the vehicle? Not really complaining about the cost to renew the truck but the trailer seems high ... to do that EVERY year.