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Old 12-16-2020, 12:06 PM
 
1 posts, read 770 times
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I'm trying to calculate how much it would cost to live in Madison County Alabama and just saw something about 'Ad Valorem' taxes for personal vehicles. Does anyone know how the market value is calculated for motor vehicles are calculated by the state?


Secondly, I looked all over the Madison County official website and cannot find any where the fees for vehicle registration and license plates are listed. How much does it really cost to plate your vehicle when moving to Madison County from out of state? Thanks in advance for any and all answers/comments.
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Old 12-16-2020, 03:32 PM
 
Location: Huntsville, AL
1,420 posts, read 1,598,785 times
Reputation: 859
Assessed Value = 15% of Appraised Value

Ad Valorem Tax (Huntsville)
Rate = $5.80 per $100 of Assessed Value

Example

Appraised value = $6933
Assessed Value = $6933 x 15% = $1040

Ad Valorem Tax = $5.80 * $1040/100 = $60.32

Ad Val Tax ........ $60.32
Tag fee ........... $25.00
--------------------------
Total Tax & Tag ... $85.32


This does not include any vehicle registration fees

Madison County Property Tax Facts
https://www.madisoncountyal.gov/depa...-facts#MILLAGE

Tags and Title Information
https://www.madisoncountyal.gov/depa...ent/tags-title

Vehicle Registration Fees
https://revenue.alabama.gov/wp-conte...ule_8_1_16.pdf
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