Automobile Values  Effected
By COVID-19?

Yes! COVID has effected everything and the used car market is no exception.

Values do normally go down, but they can go up.

For more details about Automobile values increasing see “A message from the PVA”  (just to the right.)

CALL BEFORE YOU VISIT

Our recent experience has shown that we are able to meet most customer needs without meeting in person.

We may be able to serve you by phone or email and avoid the inconvenience and current health risks of an in person visit.

Call us at 863-7885 or email at scottpva@msn.com.

HAVE YOU SEEN US?

 

Your Scott County PVA Staff are now conducting field review of property. This includes an exterior view and photos of all structures on each property. PVA vehicles and staff are always clearly identified and will never ask to enter your home.

 

Questions? Call us at 863-7885.

A Message from Tim Jenkins PVA

Automobile Values Effected By COVID-19?

Yes! COVID has effected everything and the used car market is no exception.

Typically the taxable value on vehicles will decline from one year to the next, but that isn’t absolutely true this year. Values do normally go down, but they can go up.

The COVID -19 pandemic has caused demand for used cars to outpace supply as large fleet companies are holding on to their existing vehicles and some auto factories have been temporarily closed .

Kentucky uses the NADA guides to value automobiles for taxing purposes. NADA values are based on reported sales and trade in prices to establish taxable values as of January 1 each year.  Usually, values decrease from one year to the next, but this year some pickup truck & SUV values have increased.

The Kentucky motor vehicle tax system values all vehicles of the same make, model, year the same way. The system does not know the condition or mileage of your specific vehicle. Your PVA office may review individual vehicles and when justifiable, can adjust for condition and/or mileage.

If you have questions about the taxable value of your vehicle see Edna Persley in room # 206 of the courthouse or call her at 502-863-7885.

We are here to serve you,

Tim Jenkins, PVA

502-863-7885

email: scottpva@msn.com.

No upcoming events.