How do you determine what my motor vehicle is worth?
  • The SC Department of Revenue (DOR) determines the value of motor vehicles within the state by using a set of nationally accepted standards and guidelines established by the auto industry.
  • County auditors throughout the state use the DOR Motor Vehicle Values manual to establish the fair market value in preparing your motor vehicle tax bill.
  • The manual lists each model and make of most available motor vehicles.
  • When values are not provided by DOR, then other nationally recognized sources are used.
  • The vehicle’s fair market value is multiplied by the assessment ratio set by law to determine the assessed value.
  • The assessed value is then multiplied by the millage rate to determine the amount of taxes owed.
  • Motor vehicle taxes are the only personal property taxes due a year in advance (in accordance with state law).

Show All Answers

1. How do you determine what my motor vehicle is worth?
2. What is the assessment ratio on motor vehicles in South Carolina?
3. When are vehicle taxes due?
4. How do I get a high-mileage adjustment?
5. When I bought my car, the dealership told me they would take care of the taxes and tags. Why did you send me a tax bill?
6. I received a tax bill on a motor vehicle that I have sold. What do I need to do?
7. If I want to transfer my license plate to a replacement vehicle, what do I need to do?
8. If I move out of this state, what should I do with my South Carolina license plate?
9. How do I apply for an active-duty military exemption for my vehicle(s)?
10. How do I apply for the senior citizen discount?