Trends Continue To Show Cars & Trucks Remain In High Demand Causing High Taxes

Whether you’re purchasing a new vehicle or paying your tax bills on the vehicles you own – it’s costing Missourians more these days.

Officials say it’s the result of low supply and high demand.

Under State statue county assessors must use values quoted in the monthly-updated Automobile Dealers Association “Blue Book” to determine vehicle assessments.

The October edition of the NADA book saw a significant increase in those values, meaning tax assessments have risen.

It’s unclear whether the trend will continue.