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States That Tax Your Car's Value Every Year (2026)

In 22 states, a more expensive car costs you more to own every single year — because those states levy an annual tax on the car's value (a property, ad-valorem, or value-based registration tax) on top of the registration fee. In the other 28, the annual cost is the same whether your car is worth $30,000 or $60,000. On a $60,000 car, the annual "value penalty" ranges up to about $716 more per year than the same-age $30,000 car.

States that tax car value (22)

Ranked by the annual "value penalty" — how much more a $60,000 car costs to own each year than the same-age $30,000 car.

StateAnnual value penalty ($30k → $60k car)
Virginia+$716/yr
Connecticut+$422/yr
Nebraska+$393/yr
Minnesota+$378/yr
Missouri+$372/yr
Nevada+$315/yr
South Carolina+$313/yr
Arizona+$306/yr
Iowa+$300/yr
Maine+$300/yr
Massachusetts+$300/yr
New Hampshire+$270/yr
Wyoming+$270/yr
California+$269/yr
Mississippi+$247/yr
Colorado+$229/yr
Kentucky+$220/yr
Michigan+$129/yr
Alabama+$111/yr
North Carolina+$96/yr
Indiana+$63/yr
Louisiana+$18/yr

States with no annual value tax (28)

Flat or weight-based registration only — a pricier car costs the same to own each year.

Computed July 2026 by running a standard 3-year-old car at $30,000 and $60,000 through each state's fee formula. County-tax states use a representative county. See the full cost to own a car by state.

Frequently asked questions

Which states tax your car's value every year?

22 states levy an annual value-based tax on cars — a property, ad-valorem, or value-based registration/excise tax. The biggest annual hit on a $60,000 car (versus the same-age $30,000 car) is in Virginia, Connecticut, Nebraska, Minnesota.

Which states don't tax car value?

28 states charge only a flat or weight-based registration fee, so a $60,000 car costs the same to own each year as a $30,000 one: Alaska, Arkansas, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Kansas, Maryland, Montana, New Jersey, and more.

What kind of tax is this?

It goes by different names — 'motor vehicle tax,' 'ad valorem tax,' 'personal property tax,' 'vehicle license fee,' or a 'specific ownership tax' — but they all do the same thing: charge you annually based on what your car is worth, so the bill shrinks as the car ages.

How was this calculated?

We ran the same 3-year-old gas car through each state's actual fee formula at a $30,000 and a $60,000 value. If the annual cost went up with the value, the state taxes value; the difference is the annual 'value penalty' shown here.

Cite this data

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