2009
Valuation Schedules
Class
21 – Commercial Trailers
Examples of
Class 21 Property Include:
| Commercial
Trailers (all types) |
Lowboy
Equipment Trailers |
| Commercial
Flatbed Trailers |
Grain
Hopper Trailers |
| Converter
Gear |
Refrigerated
Van Trailers |
| Commercial
Livestock Trailers |
Tank Trailers |
| Dry Van
Trailers |
Dump Trailers
(all types) |
The
following schedule is recommended for valuing Class 21 property
in the 2009 assessment year:
|
Year of Acquisition |
Percent Good of Cost New |
| 2009* |
95% |
| 2008 |
92% |
| 2007 |
86% |
| 2006 |
81% |
| 2005 |
75% |
| 2004 |
70% |
| 2003 |
64% |
| 2002 |
58% |
| 2001 |
53% |
| 2000 |
47% |
| 1999 |
42% |
| 1998 |
36% |
| 1997 |
31% |
| 1996 |
25% |
| 1995 |
20% |
| 1994 |
14% |
| 1993 and
prior |
9% |
Taxable value
is calculated by multiplying the model year percent good factor
by the cost new.
The following
methods are used to determine cost new of Class 21, Commercial Trailers:
- documenting
the actual cost of the vehicle when purchased new.
- documenting
the manufacturer's suggested retail price form a recognized publication.
- documenting
the actual cost of the vehicle purchased used and dividing that
purchase price by the percent good factor for the applicable model
year.
- for state
assessed vehicles, the value of attached equipment is included.
The
2009 Uniform Fee for Class 21 is 1.5% of taxable value.
*The
2009 model year percent good applies to 2009 models purchased in
2008.
Commercial
trailers have a residual value of $1000.
|
