In determining 1/40th or 1/60th of the purchase price of vehicles, the following schedule may be used:
Purchase Price | Median | ||||
of Vehicle | Cost | 1/40th | 1/60th | ||
$ 900 | to | $1,500 | $1,200 | $ 30 | $ 20 |
1,500 | to | 2,100 | 1,800 | 45 | 30 |
2,100 | to | 2,700 | 2,400 | 60 | 40 |
2,700 | to | 3,300 | 3,000 | 75 | 50 |
3,300 | to | 3,900 | 3,600 | 90 | 60 |
3,900 | to | 4,600 | 4,200 | 105 | 70 |
4,500 | to | 5,100 | 4,800 | 120 | 80 |
5,100 | to | 5,700 | 5,400 | 135 | 90 |
5,700 | to | 6,300 | 6,000 | 150 | 100 |
6,300 | to | 6,900 | 6,600 | 165 | 110 |
6,900 | to | 7,500 | 7,200 | 180 | 120 |
7,500 | to | 8,100 | 7,800 | 195 | 130 |
8,100 | to | 8,700 | 8,400 | 210 | 140 |
Cal. Code Regs. Tit. 18, div. 2, ch. 4, art. 16, Appendix
Note: Authority cited: Section 7051, Revenue and Taxation Code. Reference: Sections 6094,6244 and 6403, Revenue and Taxation Code.