You pay taxes on what you “own” not what you drive. As long as the vehicle is still registered in your name and has not been traded, junked, or sold; you are responsible for paying the property taxes due.

To calculate a tax bill, first deduct any exemptions that may apply from the assessed value; thus generating a net assessed (taxable) value. Next, the net assessed value is multiplied by the millage rate to get the tax dollar amount due.