35.4 F
Tysons
Tuesday, December 6, 2022
FairfaxTransportationSome Fairfax vehicle owners to see rising tax bills

Some Fairfax vehicle owners to see rising tax bills

Must Read

Swimming against the tide of normal trends, car-tax bills for about 12 percent of Fairfax County residents will rise this year even as their vehicles continue to age.

Why? Blame a confluence of reasons, including high demand for all vehicles and a global computer-chip shortage that is hampering the ability to produce new vehicles, causing used ones to be in more demand.

For those with vehicles valued at $20,000 or less, the average increase will be about $25, Fairfax officials said. Personal-property taxes on vehicles are due on Oct. 5.

The Fairfax County government bases car taxes on a vehicle’s value on the J.D. Power Used Car Guide. For most vehicles, the value is based on the “Clean Trade-in Value” as of Jan. 1 of the tax year.

Sponsored

Car owners can file an appeal of their taxes if they believe their vehicle has been overassessed. A vehicle’s value can be appealed based on body damage, rusting or high mileage – but owners still must pay their tax bill by the due date even if appealing.

- Advertisement -

Latest News

Sports Notebook: Why they win

There are many reasons – not just one – the Madison Warhawks have been winning so much in playoff...
- Advertisement -

More Articles Like This