2017 VEHICLE ASSESSMENT PROCEDURES
| Vehicle Year
|
Assessment Value
|
| 1997 & Older
|
20% Depreciation of last year's value until reaching $225.00
|
| 1998 - 2009
|
Average loan value NADA Older Car Guide
|
| 2010 - 2016
|
Average loan value NADA Guide
|
| 2015
|
85% MSRP if available (For vehicles not in NADA books)
|
| 2016
|
90% MSRP if available (For vehicles not in NADA books)
|
| 2017
|
95% MSRP if available (For vehicles not in NADA books)
|
OLDER VEHICLES, ANTIQUE VEHICLES, RECONSTRUCTED VEHICLES, AND MOST TRUCKS OF 7501 AND HIGHER GW, USE A PERCENTAGE OF ORIGINAL COST. THE PERCENTAGE WILL BE THE FOLLOWING BY YEAR PURCHASED.
| Year Purchased
|
Assessment Value
|
| 2017
|
90% of cost
|
| 2016
|
80% of cost
|
| 2015
|
70% of cost
|
| 2014
|
60% of cost
|
| 2013
|
50% of cost
|
| 2012
|
40% of cost
|
| 2011
|
30% of cost
|
| 2010
|
25% of cost
|
| 2009 & Older
|
20% Depreciation of last year's value until reaching $225.00
|
MISCELLANEOUS VEHICLES
- Utility, boat, horse trailers: % of cost, see chart above
- Boats and Boat Motors (combined): % of cost, see chart above
- Motor Homes; Conversion Vans: % of cost, see chart above
- Camper Trailers: % of cost, see chart above
- Motorcycles: NADA Loan value if available or % of cost, those out of book, use % of cost then reduce by 20% each year until reaching $225
MOBILE HOMES ARE ASSESSED BY THE WINGATE APPRAISAL GUIDE.