Motor Vehicle Assessment
Motor Vehicles are assessed at 70% of average retail value accordingly to the JD Power valuation guide (formerly NADA) as of the October 1st assessment date. Vehicles registered to the Town of Portland as of October 1st produce a tax bill the following July.
Motor Vehicle Tax adjustment due to sale or disposal
Motor Vehicle taxes may be prorated to month of vehicle disposal providing;
1. The registration has been canceled through the CT DMV and
2. Sufficient documentation of proof that you no longer own vehicle is submitted to the Assessor's Office within 27 months as the printed October 1 Assessment Date.