What valuation is used for motor vehicle excise bills?

The excise is based on the value of the motor vehicle as determined by the Commissioner of Revenue upon certain percentages of the manufacturer's list price in the year of manufacture. The excise valuation is not based on the actual purchase price or "book value" of the vehicle. The percentages set forth in the statutory depreciation schedule that are applied to manufacturer's list price are as follows:

In the year preceding the designated year of manufacture: 50%
In the year of manufacture: 90%
In the second year: 60%
In the third year: 40%
In the fourth year: 25%
In the fifth and succeeding years: 10%

For examples and more information about the computation of a motor vehicle excise, see: Calculation of the Excise

Contact Info

Phone:

The Town of Townsend Tax office does not provide TAX information over the phone to anyone but the Owner of record.
Email Tax inquiries to tax@townsendma.gov
978-597-1702
Email Treasurer/Payroll/HR inquires to treasurer@townsendma.gov
978-597-1708

Fax:

Tax Office (978) 597-8135 Treasurer/Payroll 978-277-6368

Address:

272 Main Street

Townsend, MA 01469-1519

United States

See map: Google Maps

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What valuation is used for motor vehicle excise bills?