GEORGIA MOTOR VEHICLE AD VALOREM ASSESSMENT …

2019

GEORGIA MOTOR VEHICLE

AD VALOREM ASSESSMENT

MANUAL

STATE OF GEORGIA

DEPARTMENT OF REVENUE

MOTOR VEHICLE DIVISION

Georgia Department of Revenue

2019

Motor Vehicle Ad Valorem Assessment Manual

Motor Vehicle Division

FOR MOTOR VEHICLES ACQUIRED ON OR AFTER MARCH 1, 2013 AND YOU ARE

SEEKING THE FAIR MARKET VALUE UNDER THE TITLE AD VALOREM TAX

(TAVT), PLEASE REFER TO THE TAVT ASSESSMENT MANUAL.

INTRODUCTION

The Commissioner of the Georgia Department of Revenue is charged by law (Title 48, Chapter 5 Article 10) with the

annual valuation of the motor vehicles subject to taxation in this state. Each valuation shall reflect the average of the

current fair market value and the current wholesale value for all motor vehicles. This manual was prepared by the

Motor Vehicle Division of the Georgia Department of Revenue and contains the official assessments and the

assessment procedures to be followed for the 2019 tax year.

The Department utilizes a model identification method that permits precise assignment of fair market values to

vehicles through the use of a aluation entification number (VID) to all vehicles that have the standardized

Vehicle Identification Number (VIN). Beginning with model year (MY) 1981, the National Highway Traffic Safety

Administration required that all over-the-road-vehicles sold must contain a 17-character VIN

Explanation of VID Number

All of the motor vehicle models in this manual have been assigned a non-repeating VID number to uniquely identify

each one for tax purposes. The VID consists of six digits, the first five representing a serialized number between 10001

and 99999, and the last one representing the year of manufacture of the vehicle (10th digit of the VIN).

Explanation of Original Bill of Sale (OBS) Codes

All vehicles manufactured before 1981, all recreational vehicles, buses, commercial vehicles and motor vehicles with

special equipment, commercial and homemade trailers will be uniformly valued using an OBS code (formally known

as tax code). In contrast to the VID, the OBS code is not a unique number. The OBS code is a six digit code derived

from the original cost of the vehicle and an appropriate depreciation table.

The first digit of the OBS code is always a zero. The next four digits of the OBS code represent the original

Manufacturer¡¯s Suggested Retail Price (MSRP) divided by 10 or 100 and rounded to a whole number. The four digits

for most vehicles is the MSRP divided by 100. In the case of motorcycles and small utility trailers, greater precision

is obtained by dividing the MSRP by 10 to arrive at the numeric portion of the OBS code.

This seemingly complex system is simplified by the addition of a letter to the end of the five digits to indicate the

depreciation schedule that is appropriate for the vehicle

An OBS code may be easily distinguished from a VID by noting that the first digit is a zero or alternately by observing

that OBS codes are always less than 10000 and VIDs are always greater than 10000.

Vehicle models 1981 and older using standard OBS codes rather than VIDs for tax identification purposes will be

valued by using the minimum depreciation by the state's motor vehicle assessment system. If a county determines an

alternative value is needed, the county may use the special OBS code "F". This will place a fixed value on the vehicle.

For example, a code of 00050F will place a value $2,000 on a vehicle (50 * 100 * 40% = $2,000).

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Georgia Department of Revenue

2019

Motor Vehicle Ad Valorem Assessment Manual

Motor Vehicle Division

OBS codes will always be created by the local county taxing authority at the time of registration and assessment of ad

valorem tax. It will usually follow each year thereafter.

Under this uniform valuation system, the tax value for motor vehicles will be facilitated by the assignment of a VID

if possible, otherwise by the assignment of a riginal ill of ale (OBS) Code.

The chart of possible values for the letter suffix on the OBS code and the corresponding meaning is listed below:

Vehicle Description

------------------------------------------------------------Compact Autos

Mid -Sized Autos

Full-Sized Autos

Light-Duty Trucks

Light-Duty Trucks With Special Equip

Code

------A

B

C

L

E

Buses and Passenger Vans

Heavy-Duty Trucks (based on B.O.S)

Apportioned Heavy-Duty Trucks

Motorcycles

Recreational Vehicles

Commercial Trailers

Small Trailers

< $1,000

Fixed Value (No Further Depreciation)

S

W

I

K

R

X

U

F

Multiplier

--------------100

100

100

100

100

100

100

100

10

100

100

10

100

The following is a table of special handling codes:

Vehicle Description

-------------------------------------------------------

Code

--------

Antique or hobby or special interest vehicles 25 model years and older

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00010J

Fixed Value

-----------------------$ 40

Georgia Department of Revenue

2019

Motor Vehicle Ad Valorem Assessment Manual

Motor Vehicle Division

Special Equipment Assessment Procedure

The values listed in this manual do not include special equipment that may be added to the vehicle and should not be

used if such additions have been made. In such instances, the fair market value of the vehicle with special equipment

should be obtained from the dealer¡¯s bill of sale or a reputable market guide and assessed at 40%. If special equipment

has been added to a vehicle, the special equipment should be assessed at 40% of its Fair Market Value. The special

equipment assessment and the assessment from this manual for the base vehicle should be combined to arrive at an

assessment for the vehicle with the special equipment.

An OBS code should be assigned to the vehicle. Add the MSRP of the vehicle to the cost new of the special equipment

to arrive at a total cost new of the vehicle and equipment. Then take the following step to arrive at the OBS code:

(1) If the vehicle is a light-duty truck, divide the total cost new of the vehicle and equipment by 100 and add

the letter 'E' to the resulting three numeric digits. For example, a truck MSRP was $28,200 and the special

equipment cost new was $1,800, therefore the total cost new of truck and equip is $31,000. Enter 31,000

as the vehicle¡¯s value in GRATIS* with the value as ¡°M¡± for MRSP, vehicle type ¡°E¡±, and ¡°P¡± for a

permanent OBS code.

(2) If the vehicle is a heavy-duty truck with special equipment, follow the same procedure as outlined in #1

above except use the letter 'W' or 'I' as the vehicle¡¯s type.

All special equipment shall be depreciated at the same rate as the vehicle to which it is added.

*GRATIS is the Georgia Registration and Title Information System in use at the county tag offices. Note: GRATIS

will be replaced on May 27, 2019 with the DRIVES system (Driver Record and Integrated Vehicle Enterprise System).

Procedure for Determining Value of Unlisted Vehicles

To obtain the assessed value of any automobile not listed, determine the fair market value determined by a reputable

used car market guide and enter this value into GRATIS as an ¡°F¡± for fair market value. Use the appropriate vehicle

type code and select either ¡°P¡± or ¡°O¡± for permanent or one-time use of the OBS code created. If the vehicle is a newer

vehicle and this type of vehicle is usually listed, then an ¡°O¡± should be used. If the vehicle is not normally valued by

the State, then use a ¡°P¡±.

The Department will normally compute a VID for the purpose of future valuation of vehicles unless the tax

commissioner has entered a permanent OBS code, in which case the OBS code will be used instead.

Recreational Vehicles - Procedures

Due to the variety of models and the limited number of recreational vehicles in the state, the Revenue Department

does not provide an assessment schedule of this type vehicle. Instead, the Department has established the following

uniform procedures to be followed when determining the assessments of recreational vehicles.

Recreational vehicles shall be assigned an OBS code. Use the dealer¡¯s original Bill of Sale or, for a used vehicle not

previously assessed in Georgia, a reliable market guide such as the NADA Recreational Vehicle Appraisal Guide. A

guide such as this will provide the MSRP or ¡°suggested list¡± of the vehicle in question.

Buses and Passenger Van- Procedures

No assessment schedule by individual description has been prepared for this type of motor vehicle.

To obtain the assessed value of any bus, determine the fair market value determined by the dealer original Bill of Sale

or, for a used vehicle not previously assessed in Georgia, a reputable market guide

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Georgia Department of Revenue

2019

Motor Vehicle Ad Valorem Assessment Manual

Motor Vehicle Division

DEPRECIATION TABLES *

* For Motor Vehicles acquired on or after March 1, 2013 where you are seeking the Fair

Market Value under the Title Ad Valorem Tax (TAVT), please refer to the TAVT

Assessment Value..

Commercial and Utility Trailer Depreciation - Schedule 'X' and 'U'

2018 - 36.0%

2017 - 29.3%

2016 - 26.0%

2015 - 24.2%

2014

2013

2012

2011

-

22.3%

19.1%

17.6%

16.3%

2010

2009

2008

2007

-

15.1%

14.1%

13.1%

12.3%

2006 - 11.3%

2005 - 10.4%

2004 - 9.6%

Older ¨C 6.0%

No vehicle in this section shall be assessed at less than $40.

IF YOU HAVE QUESTIONS

Please contact your County Tax Commissioner¡¯s Office. Motor vehicle values listed in this manual may be appealed

pursuant to Georgia Code ¡ì 48-5-450.

The ad valorem tax for the current year, as well as the taxes from previous years can be calculated on the following

web page:

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