WTIC1080
John Rowland Found Guilty On All Counts Read More

Local News

Tax Bills Increasing As Used Car Prices Rise

View Comments
A Toyota Corolla. Photo by WTIC's Matt Dwyer.

A Toyota Corolla. Photo by WTIC’s Matt Dwyer.

To fuel your love of cars,

visit the Autos section.

  autos arrows plug v2 Tax Bills Increasing As Used Car Prices Rise

Because of increased demand in the used car market, some Connecticut property taxpayers are seeing the assessed value of their vehicles rise, even though the car is a year older, and likely has more mileage and wear and tear.

Charles Danna heads the Connecticut Association of Assessing officials, and is the assessor in South Windsor.

“When you look at some of the classic Toyota and Honda vehicles, which have a reputation of having good repair and maintenance histories and good mileage, you may see some of those vehicles showing an increase,” Danna said.

Connecticut law dictates that car taxes are based on 70 percent of the average retail value of a given vehicle the prior October.

View Comments
blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 825 other followers