Vehicle ownership tax · used vehicles
Used vehicle valuation
For each year after its model year, SRI takes 20% of a vehicle’s original valuation off, down to 10%. Pick yours to see its SRI valuation and annual tax, year by year. There is data for versions sold new since 2017.
The version is the description on the registration. If yours is missing, its model year is before 2017 or it wasn’t sold new since then.
Pick a brand, model, version and model year.
The rule
A $20,000 vehicle of model year 2024, and its full annual tax.
| Tax year | Of the original | Valuation | Annual tax |
|---|---|---|---|
| The model year or earlier | 100% | $20,000 | $420.00 |
| 1 year after | 80% | $16,000 | $260.00 |
| 2 years after | 60% | $12,000 | $140.00 |
| 3 years after | 40% | $8,000 | $60.00 |
| 4 years after | 20% | $4,000 | $20.00 |
| 5 years or more after | 10% | $2,000 | $10.00 |
Regulation of the annual vehicle tax, art. 1 no. 3 (in Spanish): text with the August 2021 amendment.
Does it match SRI?
81%
Of 35,195 cases in the data where SRI registered new units in the year after their model year (version, model year and month), in 81% their most common valuation is exactly the 80% the rule gives, to the cent. In the rest, SRI took another value as the original, often the price of a newer model year.
The later steps hold too: for units SRI registered 2 to 6 years after their model year (outside the site’s new-vehicle figures), the rule gives the exact valuation for 81% to 85% of versions in each year. Measured on 6 November 2026.
What it is and isn’t
- The original valuation is the last SRI valuation the model year had while new: the retail price the importer or assembler declared.
- It is not a market price. It is the tax base. A used vehicle sells on its condition, mileage and demand, and can be worth more or less.
- The tax on a used vehicle is the full annual tax on that year’s valuation (the share by months is only for a new vehicle). Private electric vehicles, except motorbikes, are exempt from 2026, the exemption’s first whole year (more).
- Not included: the ANT registration fee, SPPAT insurance, municipal fees, the Junta de Beneficencia fee in Guayaquil, or personal exemptions.
- Model years before 2017 are missing: SRI’s open data starts in 2017. From the fifth year after its model year, any vehicle’s valuation is 10% of its original.
This is a reference. Your vehicle’s valuation and the amount due are the ones SRI shows for its plate on SRI en Línea (in Spanish).