Personal Property

​​​​​​​​The Commissioner of the Revenue is responsible for the assessment of all personal property with taxable status in Virginia Beach. The Code of Virginia, Section §58.1.3503, provides for the categories of property and the methods of assessment available to commissioners.

The Personal Property Taxpayers Division assesses all vehicles including cars, trucks, trailers, motorcycles, motor homes, aircraft, and watercraft. Mobile homes on temporary foundations are also assessed as personal property.

Personal Property is taxable in the locality where it is normally garaged, docked, or parked. Vehicles with a weight of 10,000 pounds or less registered in VA but normally garaged, docked, or parked in another state shall be taxed in the VA locality where the vehicle is registered (Refer to Code of Virginia §58.1-3511.) If it cannot be determined where your vehicle is normally garaged, stored, or parked, the situs (the location of the property for assessment and taxation purposes) shall be the domicile of the owner.

The assessed value of a vehicle is based on the loan value from the January National Auto Dealers Association (NADA) book. The tax rate is $4.00 per hundred dollars of the assessed value. For an estimate of the tax on your vehicle, contact the Personal Property Division of the Commissioner's office.

Please review the following news articles regarding the increase in the value of automobiles.

Consumer Reports: Used-Car Prices Are Surging, Making It Tougher for Buyers

CNBC: Car shoppers should expect high prices and limited inventory this spring.

Used-car prices soar, values rise, and the sticker shock may get worse.

Please use the convenient personal property calculator to estimate your tax due.

§58.1-3503 of the Code of Virginia also enables commissioners to consider the conditions of taxable property, upon request of the taxpayer. Taxpayers may easily appeal their assessments. Please see the Assessment Appeals page for more information. 

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