In Frederick County, Virginia, high mileage for personal property tax purposes refers to specific mileage thresholds a vehicle must meet by February 15th of the current tax year to be considered for a potential adjustment in its assessed value. This adjustment can lead to a reduction in the personal property tax owed.
Understanding High Mileage Criteria
High mileage is determined based on the vehicle's model year. If a vehicle's mileage exceeds the established threshold for its model year by the February 15th deadline, it may qualify. This criterion acknowledges that vehicles with significantly higher mileage typically have a lower market value compared to those with average mileage for their age.
Mileage Requirements by Vehicle Year
The following table outlines the minimum mileage a vehicle must have accumulated prior to February 15th of the current year to be considered high mileage in Frederick County:
| Vehicle Year | Minimum Mileage (Must have prior to Feb 15 of current year) |
|---|---|
| 2019 | 70,001 miles |
| 2018 | 85,001 miles |
| 2017 | 95,001 miles |
| 2016 | 105,001 miles |
How High Mileage Affects Your Tax Assessment
If your vehicle meets the high mileage criteria, the Commissioner of the Revenue's office may adjust its assessed value downwards. This adjustment reflects the accelerated depreciation due to extensive use, resulting in a potentially lower personal property tax bill for that year. It's important for vehicle owners to be aware of their mileage and the specific deadlines to take advantage of any potential tax relief.
