Forum Discussion
jcapps
Feb 26, 2019Explorer
JusBud wrote:
The VLT, vehicle license tax, is based on an assessed value of 60% of the manufacturer's base retail price reduced by 16.25% for each year since the vehicle was first registered in Arizona.
the rate is calculated as $2.80 (new vehicles)/$2.89 (used vehicles) for each $100 of the assessed value.
For example, for a new vehicle that costs $25,000, and is registered for two years, the first year assessed value would be $15,000 and the VLT would be $420.00. The second year the assessed value would be $12,562.50 and the VLT would be $363.06
You can try this calculator
VLT calculator
Ok so is that since the vehicle was first registered or first registered in AZ? Mine will be 2 years old and registered in my current home state by the time I move there?
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