Introduction
The United States is one of the largest vehicle markets in the world. The U.S. has also historically had a long relationship with the automobile with many cities being designed around roads and the use of cars. Also, the U.S. is home to the “Big Three” in vehicle manufacturing: Ford Motor Company, General Motors, and Chrysler.
There are many costs associated with motor ownership, and when purchasing a vehicle one must take into account the tax on its sale. Each state has its own sales tax on a vehicle, resulting in often unexpected higher costs than the listed selling prices and turning into a nasty surprise for many buyers. For instance, if you purchase a car for US$10,000 in a state where the sales tax is 10%, you would have to pay an additional US$1,000 on top of other costs such as car insurance or DMV registration fees. Therefore, it is important to learn in which states it is easier and/or cheaper to buy a car beforehand.
Many states have websites that list additional costs such as registration fees and insurance costs, but if you want to know more about car sales taxes by state, you can refer to the data in the charts.
[shield-db-table]Need to survey a highly targeted audience?
Talk to our Experts