Normal Change in Vehicle Values
Vehicle depreciation from one year to the next is the norm, and this remains true for the vast majority of vehicles assessed in Fairfax County. However, the J.D. Power valuation guide can show some value appreciation (increase) in certain vehicle segments in any given calendar year.
New and used vehicle values can fluctuate from one year to the next, based on many factors, such as economic stability and consumer confidence; interest rates and availability of financing options; dealer incentives; and issues of supply and demand. The J.D. Power value guide captures the nuance of annual price fluctuations in its market-based value data.
Valuation for other properties such as boats, trailers, motor homes (RVs), motorcycles, heavy duty trucks and airplanes is based on a percentage of the original cost from 60% to 20%. With the exception of RVs, heavy duty trucks, trailers and motorcycles, taxes on these properties are not prorated. This means that the property is taxed for the full year if it is normally parked in the county on January 1 of the tax year. Merely moving the property to another location on January 1 with the intent to return to the county does not change the property's taxable location. (Code Of Virginia, Section 58.1-3516)
Mobile Homes
A manufactured "mobile" home as defined in Code of Virginia, Section 36-85.3 used as a place of full time residence and titled with the Division of Motor Vehicles (DMV) is assessed as personal property and taxed at the base real estate tax. Assessed at market value based on sales data and supplemented by valuation from a recognized pricing guide, mobile homes are prorated on a quarterly basis if they are moved into the County after January 1. The tax period starts at the beginning of the quarter from the date the mobile home is moved into the County. A property tax return on mobile homes must be filed within 60 days of the date the mobile home attains situs by May 1 every year thereafter. The tax on mobile homes is not prorated when the owner sells or moves the home out of the County.
Please email us at dtamobilehomes@fairfaxcounty.gov or call 703-222-8234 if you have additional questions about mobile home assessments. If you believe your assessment does not accurately reflect the value of your mobile home, please complete the Appeal Form and submit the required documentation.
If you have additional questions about vehicle valuation, please contact the Personal Property and Business License Division via email at dtappd@fairfaxcounty.gov or call 703-222-8234.
