The Transport Authority said today that the registration value of used imported cars and motorcycles, featured on www.vehicleregistration.gov.mt will be updated next Monday and at midnight of the first day of every month thereafter.
The registration value of a used car or motorcycle is deemed to be the local average market value of an identical, equivalent, or similar vehicle calculated by depreciating the manufacturer's invoice value and where applicable, the insurance and freight of the vehicle brought to Malta as new.
As from this month, those seeking the registration value of a particular vehicle will be requested to enter, amongst other data, the month of registration and vehicle mileage in either km or miles.
The values provided on the website are subject to verification of vehicle details by the Authority upon inspection.