New price drops on S / Tax bills in VA

[BigD0g]

Anyone want to collaborate on the wording back to the state for the drop in value due to the price drops across the board for S / X vehicles to get a reduced personal property tax bill.

Our cars just lost another 10k in value overnight.

Bills are coming soon I believe.

 

[boaterva]

My X dropped a lot the second year, as it was based on Kelly depreciated or whatever (not what I paid for it). Not sure how they would ever count in changes in vendor prices, since for ICE cars that happens also (sales, deals, etc), and no one ever gets a tax break, right?

 

[BigD0g]

My X dropped a lot the second year, as it was based on Kelly depreciated or whatever (not what I paid for it). Not sure how they would ever count in changes in vendor prices, since for ICE cars that happens also (sales, deals, etc), and no one ever gets a tax break, right?

Yah, not sure, but seems like something we can petition for, because my PP last year was almost more then what I could buy the car for new today.