So, about a month ago I helped my daughter buy a vehicle (she bought it, I just checked it out, worked the deal, and co-signed the loan).

It's a 2008 Ford Escape XLT. This was a lease vehicle and had 72k miles on it.

According to CarFax and NADA, the vehicle is worth $15k MAX. (She paid $15k before her trade in)

Today we received the state "your title is in" card declaring the taxable value of the vehicle is $21,239.

$21k+? Are you kidding me. I can buy a BRAND NEW 2011 Ford Escape for that much.

Of course, she will be charged the personal proterty tax portion of the auto registration based off of the $21k value unless we can successfully challenge this amount.

Does anyone know what the process is to contest this assessed value?