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Standard Presumptive Value – FAQs

Understanding Standard Presumptive Value

  Q:  How is the Standard Presumptive Value decided?
  Q:  Who does this new law apply to?
  Q:  Why only private party sales?

When Standard Presumptive Value Applies

  Q:  I purchased my vehicle before October 1, 2006. Does the new law apply?
  Q:  Does this affect a new vehicle purchase?

How Vehicle Values are Determined

  Q:  How often are the values updated?
  Q:  When is the value determined?
  Q:  Why is my value different from what the other major guides say it should be?

Who to Contact

  Q:  Where can I get more information?
  Q:  How do I get more information on whether a vehicle will be subject to SPV?

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