It a review stream for the county. We have an ad valorem tax on automobiles too. This is the first year owning the boat so I don't know what the rate table looks like or how much I should expect to pay.

We own a 2003 Tahoe which I think they value around $20K-$25K. The ad valorem tax on that was around $300. I don't want to over value the boat and be taxed more than I should. But at the same time, I don't want to under value it and cheat the system.

For insurance, I was told the trailer value is about $2500. I just don't know what the split is between hull and engine. I can "back into" the boat value IF someone could clue me in on the engine cost. Has anyone had to repair/replace their engine and can give me an idea what the cost is?