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Is the new car sales tax rate the same across all states?
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No, the sales tax differs by state. In fact, even within a state, the tax rate varies. That’s because county and city taxes come into play, too.
However, the new car sales tax rate doesn’t have to be a mystery – even if you’re buying a car from an out-of-state dealer. Just call the dealership and ask for the state, county, and city tax rates. Then, grab a calculator – or use an online calculator – and figure out how much in taxes you’ll be paying.
It’s important to do this, especially if you’re on a restricted budget. The various sales taxes can push a car from the affordable category into the budget-breaker category. And, don’t forget to add in the dealer fees, too, as they can add up.
However, the new car sales tax rate doesn’t have to be a mystery – even if you’re buying a car from an out-of-state dealer. Just call the dealership and ask for the state, county, and city tax rates. Then, grab a calculator – or use an online calculator – and figure out how much in taxes you’ll be paying.
It’s important to do this, especially if you’re on a restricted budget. The various sales taxes can push a car from the affordable category into the budget-breaker category. And, don’t forget to add in the dealer fees, too, as they can add up.
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