How are vehicles valued?
The value of a motor vehicle for excise purposes is determined by the Commissioner of Revenue at varying percentages of the manufacturer's list price in the year of manufacture as follows:
- In the year preceding the designated year of manufacture 50%
- In the year of manufacture 90%
- In the 2nd year 60%
- In the 3rd year 40%
- In the 4th year 25%
- In the 5th and succeeding years 10%
Condition and market value are not considerations in determining the value, nor is age after the 5th year.

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1. What is motor vehicle excise tax?
2. Who must pay?
3. What is the rate?
4. What is the minimum tax?
5. How are vehicles valued?
6. Who qualifies for an abatement?
7. What information do I need to file with an abatement application?
8. Who qualifies for an exemption?
9. When must I file for an abatement or exemption on excise?
10. Where must I file for an abatement?
11. Where do I get an application for abatement?
12. How long does it take to receive an abatement once it is filed?