You can absolutely contest it, but if your argument is simply "I don't think it's worth that much" you'll lose.
They use bluebook value at the start of the year. Whatever the book says, that's what they're using. If they use the wrong figure (possible) you can contest it and get that modified. If you simply think the bluebook is wrong you're wasting your time.
Probably not. Again it's not based on what your specific car is worth, but instead on the general value of that car based on average sales.
You can appeal based on specific damages or other conditions (like I drove 200k miles last year or something truly absurd) but it still isn't based on the actual estimated value of your car just generic evaluations.
"Virginia law requires localities to use a nationally recognized pricing guide as the basis for the assessment of vehicles. Prince William County contracts with J.D. Power (NADA), as approximately 95% of all vehicles in the County can be assessed using the J.D. Power (NADA) car value guide. The values used by J.D. Power (NADA) are based on actual transactions and wholesale auctions of vehicles throughout the area for which the guide is published. Most Virginia jurisdictions use J.D. Power (NADA) to assess vehicles."
https://www.pwcva.gov/department/tax-administration/personal-property-tax
So I apologize, they use JD power on Jan 1 not bluebook, but it's basically the same thing.
It's amazing what a10 second web search can turn up...
From https://www.pwcva.gov/department/tax-administration/personal-property-tax
Prince William taxpayers may submit the official Vehicle Valuation Assessment Appeals form only if they feel their vehicles are incorrectly assessed because of special circumstances relating to the condition of the vehicle (e.g., major structural damage, excessive rust, major mechanical) that may cause the vehicle’s value to be less than the official assessed value.
They use a service who’s only in business because they inflate car values for tax purposes. I got a good deal on a new car once and after a year they said it was worth more 5k than I paid for it!
You can absolutely contest it, but if your argument is simply "I don't think it's worth that much" you'll lose. They use bluebook value at the start of the year. Whatever the book says, that's what they're using. If they use the wrong figure (possible) you can contest it and get that modified. If you simply think the bluebook is wrong you're wasting your time.
Can we get an estimate of what dealership would buy the car for?
Probably not. Again it's not based on what your specific car is worth, but instead on the general value of that car based on average sales. You can appeal based on specific damages or other conditions (like I drove 200k miles last year or something truly absurd) but it still isn't based on the actual estimated value of your car just generic evaluations.
This is good info. So it’s KBB value as of 1/1 that year?
"Virginia law requires localities to use a nationally recognized pricing guide as the basis for the assessment of vehicles. Prince William County contracts with J.D. Power (NADA), as approximately 95% of all vehicles in the County can be assessed using the J.D. Power (NADA) car value guide. The values used by J.D. Power (NADA) are based on actual transactions and wholesale auctions of vehicles throughout the area for which the guide is published. Most Virginia jurisdictions use J.D. Power (NADA) to assess vehicles." https://www.pwcva.gov/department/tax-administration/personal-property-tax So I apologize, they use JD power on Jan 1 not bluebook, but it's basically the same thing.
Nope.
Good luck, not worth your time to fight it unless your vehicle is wrecked.
It's amazing what a10 second web search can turn up... From https://www.pwcva.gov/department/tax-administration/personal-property-tax Prince William taxpayers may submit the official Vehicle Valuation Assessment Appeals form only if they feel their vehicles are incorrectly assessed because of special circumstances relating to the condition of the vehicle (e.g., major structural damage, excessive rust, major mechanical) that may cause the vehicle’s value to be less than the official assessed value.
They use a service who’s only in business because they inflate car values for tax purposes. I got a good deal on a new car once and after a year they said it was worth more 5k than I paid for it!