How this calculator works
Sales tax is charged on the price minus your trade-in value, which is how most states handle it. A few states tax the full price, so check your state's rule if you're trading in a car.
The amount financed is the price plus tax and fees, minus your down payment and trade-in. The monthly payment uses the standard loan formula for a fixed-rate loan with equal monthly payments.
Using it at the dealership
- Ask for the out-the-door price in writing, then enter it here instead of the sticker price.
- Compare total cost, not just the monthly payment. A longer loan lowers the payment but usually raises what you pay overall.
- If a dealer's payment is higher than this calculator shows for the same price and rate, ask what was added.