Last Updated 27th of January, 2010
Does auto sales tax vary by location?
It sure does.
And, not only does the auto sales tax differ depending on your home state, but it can vary according to where you live within the state. That's because county and municipality taxes come into play, too. While these taxes are fairly small in terms of percentages, they can make a meaningful impact when the purchase price involves thousands of dollars.
Considering this, it's smart to calculate your sales tax (state, county, and local) before you agree to buy a car. If you're dealing with a tight budget, these taxes can make the difference between a car that's within your requirements and one that's out of your financial reach. And, don't forget to add in any dealer fees, too.
If you're not sure about the various sales tax rates, call the dealer and ask about the county and city tax rates within their area.
And, not only does the auto sales tax differ depending on your home state, but it can vary according to where you live within the state. That's because county and municipality taxes come into play, too. While these taxes are fairly small in terms of percentages, they can make a meaningful impact when the purchase price involves thousands of dollars.
Considering this, it's smart to calculate your sales tax (state, county, and local) before you agree to buy a car. If you're dealing with a tight budget, these taxes can make the difference between a car that's within your requirements and one that's out of your financial reach. And, don't forget to add in any dealer fees, too.
If you're not sure about the various sales tax rates, call the dealer and ask about the county and city tax rates within their area.
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