Minnesota § 297B.025 OLDER PASSENGER AUTOMOBILE

Minnesota Statutes

§ 297B.025 — OLDER PASSENGER AUTOMOBILE

Minnesota § 297B.025

PartEXCISE AND SALES TAXES

Ch. 297BSALES TAX ON MOTOR VEHICLES

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Bluebook

Minn. Stat. § 297B.025 (2026).

Text

Subdivision 1.Noncollector vehicle.
Purchase or use of a passenger automobile as defined in section168.002, subdivision 24, shall be taxed pursuant to section297B.02, subdivision 2, if the passenger automobile (1) is in the tenth or subsequent year of vehicle life, and (2) does not have a resale value of $3,000 or more, as determined using nationally recognized sources of information on automobile resale values, as designated by the registrar of motor vehicles.

Subd. 2.Collector vehicle.
A passenger automobile that is registered under section168.10, subdivision 1a, 1b, 1c, 1d, or 1h, or a fire truck registered under section168.10, subdivision 1c, shall be taxed under section297B.02, subdivision 3. If the vehicle is subsequently registered in another class not under section168.10, subdivi

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Subdivision 1.Noncollector vehicle.
Purchase or use of a passenger automobile as defined in section168.002, subdivision 24, shall be taxed pursuant to section297B.02, subdivision 2, if the passenger automobile (1) is in the tenth or subsequent year of vehicle life, and (2) does not have a resale value of $3,000 or more, as determined using nationally recognized sources of information on automobile resale values, as designated by the registrar of motor vehicles.

Subd. 2.Collector vehicle.
A passenger automobile that is registered under section168.10, subdivision 1a, 1b, 1c, 1d, or 1h, or a fire truck registered under section168.10, subdivision 1c, shall be taxed under section297B.02, subdivision 3. If the vehicle is subsequently registered in another class not under section168.10, subdivision 1a, 1b, 1c, 1d, or 1h, within one year of the date of registration under those subdivisions, it shall be subject to the full excise tax imposed under subdivision 1.