Enter the value of your car, its age, and the excise tax rate into the calculator to determine your net excise tax.

Massachusetts Car Excise Tax Calculation Formula

The following formula is used to calculate the net excise tax from your car’s value and age. 

Net Excise Tax = Depreciated Value * Excise Tax Rate

Variables:

  • Net Excise Tax is the amount you pay in excise tax ($)
  • Depreciated Value is the car’s value after accounting for depreciation ($)
  • Excise Tax Rate is the percentage of tax applied to the depreciated value (%)

To calculate