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VEHICLE TAX UPDATE by BUDGET
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<blockquote data-quote="creed1" data-source="post: 22433057" data-attributes="member: 45736"><p>Depreciation Table for the Valuation of Used Motor Vehicles</p><p> </p><p> <span style="font-size: 12px"><strong>Period of Use Depreciated FOB Value</strong></span></p><p><span style="font-size: 12px"><strong>CARS</strong></span></p><p><span style="font-size: 12px"><strong>Less than or equal six months 100%</strong></span></p><p><span style="font-size: 12px"><strong>More than 6 months and less than or equal 1 year 95%</strong></span></p><p><span style="font-size: 12px"><strong>More than 1 year and less than or equal 11/2 year 80%</strong></span></p><p><span style="font-size: 12px"><strong>More than 1 1/2 years and less than or equal 2 years 70%</strong></span></p><p><span style="font-size: 12px"><strong>More than 2 years and less than or equal 2 1/2 years 65%</strong></span></p><p><span style="font-size: 12px"><strong>More than 2 1/2 years and less than or equal 3 years 60%</strong></span></p><p><span style="font-size: 12px"><strong>More than 3 years and less than or equal 3 1/2 years 55%</strong></span></p><p><span style="font-size: 12px"><strong>More than 3 1/2 years and less than or equal 4 years 50%</strong></span></p><p><span style="font-size: 12px"><strong></strong></span></p><p><span style="font-size: 12px"><strong>VANS </strong></span></p><p><span style="font-size: 12px"><strong>More than 4 years and less than or equal 4 1/2 years 45%</strong></span></p><p><span style="font-size: 12px"><strong>More than 4 1/2 years and less than or equal 5 years 40%</strong></span></p><p><span style="font-size: 12px"><strong></strong></span></p><p><span style="font-size: 12px"><strong></strong></span></p></blockquote><p></p>
[QUOTE="creed1, post: 22433057, member: 45736"] Depreciation Table for the Valuation of Used Motor Vehicles [SIZE="3"][B]Period of Use Depreciated FOB Value CARS Less than or equal six months 100% More than 6 months and less than or equal 1 year 95% More than 1 year and less than or equal 11/2 year 80% More than 1 1/2 years and less than or equal 2 years 70% More than 2 years and less than or equal 2 1/2 years 65% More than 2 1/2 years and less than or equal 3 years 60% More than 3 years and less than or equal 3 1/2 years 55% More than 3 1/2 years and less than or equal 4 years 50% VANS More than 4 years and less than or equal 4 1/2 years 45% More than 4 1/2 years and less than or equal 5 years 40% [/B][/SIZE] [/QUOTE]
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