of the purchase price, though this varies by state and local municipality. In some states, trading in an old vehicle can reduce the taxable amount of your new purchase.
Buying a new car involves several costs beyond the advertised sticker price. These generally fall into three categories: , standard industry charges , and negotiable dealer add-ons . 1. Mandatory Government Fees additional fees when buying a new car
: Charged by the state to transfer ownership and issue license plates. Costs vary based on the vehicle's weight, value, or age. of the purchase price, though this varies by
: A non-negotiable fee for transporting the car from the manufacturer to the dealership. It is usually listed separately on the window sticker. of the purchase price