West Virginia Code of State Rules
Agency 110 - Tax
Title 110 - LEGISLATIVE RULE STATE TAX DEPARTMENT
Series 110-01N - Valuation Of vehicles, watercraft, And aircraft For ad valorem property tax purposes
Section 110-1N-3 - Valuation of Automobiles

3.1. The several county assessors shall appraise motor vehicles as follows: The State Tax Commissioner shall annually compile a schedule of automobile values based upon the lowest values shown in a nationally accepted used car guide, which said schedule shall be furnished to each assessor and shall be used by the several county assessors to determine the assessed value for all motor vehicles in an amount equal to sixty percent of said lowest values.

3.2. The Tax Commissioner may use a separately published schedule, copies of subject guides furnished to assessors, a data file on the statewide property tax computer network, or a combination of any of these methods to accomplish this purpose.

3.3. Older vehicle models in this classification which are excluded from the schedule of the Tax Commissioner because of their age, shall have their last appraised value depreciated by ten percent (10%) per year until the value reaches two hundred dollars ($200). Thereafter, the appraised value will remain constant for so long as the vehicle is owned by the taxpayer.