The assessment date for vehicles is January 1st. The taxable situs of a motor vehicle is presumed to be the county of registration as of the assessment date (KRS 132.227). The PVA office uses the following guides to determine a value for a vehicle using the trade-in value:

  • Late model used cars one to seven years old, NADA Value Guides, Official Used Car Guide.
  • Automobiles and light trucks 8-18 years old, NADA Appraisal Guides, Official Older Car Guide.
  • Heavy and medium duty trucks, National Market Reports, The Truck Blue Book.
  • Motorcycles, NADA Appraisal Guides, Motorcycles/Snowmobile/ATV/ Personal Watercraft Guide
  • Recreation vehicles and camping trailers, NADA Recreational Vehicle Appraisal Guide.
  • Commercial trailers, Department of Property Taxation, Appraisal Guide Heavy Duty Trailers.
  • Boats, boat trailers, and motors, NADA Marine Appraisal Guide, ABIS Marine Blue Book.

The assessment of all motorboats as defined in KRS 235.010 shall be administered in the same manner and according to the same procedures provided for motor vehicles in KRS 132.487.

Motor Vehicle Tax Exoneration