Vehicle License Tax
A vehicle license tax (VLT) is assessed in place of personal property taxes charged by other states. There may also be a weight fee and commercial registration fee, if the vehicle is registered as commercial.
The VLT 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. Then, as of the Dec 1, 2000 reduction, the rate is calculated as $2.80 (new vehicles)/$2.89 (used vehicles) for each $100 of the assessed value.
Example
- The first year assessed value of a new $25,000 vehicle would be $15,000.
- The VLT would be $420.00.
- The second year the assessed value would be $12,562.50
- $15,000 x (1 – 0.1625) = $12,562.50
- The VLT would be $363.06.
- $12,562.50 x 2.89% = $363.06
For a mobile home the title fee is $7.00 per section or unit. No other mobile home fees are payable to MVD.
Source: http://www.azdot.gov/mvd/faqs/scripts/FAQsResponse.asp?Category=0&Keyword=Tax
Contact Information
Economic Development Office:
Lori M. Gary, CEcD
Economic Development Administrator
16705 E. Avenue of the Fountains
Fountain Hills, AZ 85268
Tel: (480) 816-5109
Fax: (480) 837-3145
Email: lgary@fh.az.gov