OWNERSHIP TAX
Ownership tax is a personal property tax based on the original taxable value (sticker price) of your vehicle. It is distributed to the various taxing entities in accordance with established mill levies. The chart below illustrates the distribution of the 2008 ownership taxes collected by our office.
Ownership Tax Calculator Estimate ownership taxes.
Although the taxable value always stays the same, the percentage of tax charged is reduced as the vehicle ages. Further information may be obtained by contacting the Motor Vehicle Department via email at carweb@elpasoco.com.
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COLLECTION OF OWNERSHIP TAX
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Vehicle Age |
Tax |
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1st Year of Service |
Taxable Value x .021 |
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2nd Year of Service |
Taxable Value x .015 |
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3rd Year of Service |
Taxable Value x .012 |
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4th Year of Service |
Taxable Value x .009 |
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5th Year through 9 Year of Service* |
Taxable Value x .0045 |
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10th Year of Service and Older |
A Minimum Tax of $3.00/Year |
* Except trailers; campers; trailer coaches; trucks and SMM