Motor Vehicles 2025GL

New motor vehicle valuation methodology per CT State Statute

Vehicle MSRP less depreciation per the following schedule:

2025+ 90%                      2018    55%

2024    85%                      2017    50%

2023    80%                      2016    45%

2022    75%                      2015    40%

2021    70%                      2014    35%

2020    65%                      2013    30%     

2019    60%                      2012    25%

Vehicles 2011 or older are 20% but not less than $500.