The Tax Assessor estimates the fair market value of all real property, personal property, and motor vehicles, to establish the fair and equitable levy of local property tax.
All motor vehicles are subject to local property tax under Connecticut State Law, whether registered or unregistered.
Motor vehicles are assessed in accordance with Connecticut State Statutes at 70% of the manufacturer's suggested retail price (MSRP), using a standardized depreciation schedule based on the age of the vehicle.
Assessment of Antique, Rare, or Special Interest Motor Vehicles
Antique, rare, or special interest motor vehicles that are at least 20 years old, maintained in accordance with the manufacturer’s original design and specifications, and of historical interest may qualify for a fixed property tax assessment of $500, as permitted under Connecticut General Statutes §12-71(b)(3). Vehicles must either be registered with antique plates or, if not registered as such, an application for antique classification must be submitted to the Assessor on or before October 1 of the assessment year for which the classification is sought.