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#81rev2 - Excise Tax – N.A.D.A. Average Trade-In Value

03/10/2011
10:09 AM

#81rev2 - Excise Tax – N.A.D.A. Average Trade-In Value

 

February 10, 2009
The value used to calculate the Motor Vehicle Excise Tax on the sale of a used motor vehicle shall be the higher of the declared purchase price or 80% of the N.A.D.A. average trade-in or wholesale value of the vehicle, with limited exceptions as noted in the PQU.

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