Please bring into our office your most current unaltered original inspection slip before April 15, to receive this deduction. If the inspection slip does not show the exact miles as on the vehicle, you must bring in another document indicating the mileage on the vehicle. Other documents include oil change records, tire purchase/rotation records, or services maintenance records from an authorized dealer.
The National Automotive Dealers Association Guide (N.A.D.A.) determines the deduction amount to be subtracted from the assessment.
The deduction for high mileage cannot exceed 40% of the trade-in value for that model year.
- Motorcycles or recreational vehicles (i.e. Motor Homes) do not qualify for high mileage deductions.