Car Loan Calculator Detailed for Kentucky

Calculate by State >  Kentucky 

How are car loans in Kentucky calculated?

Kentucky includes extended warranties and doc fees in the taxable amount of an auto loan but does not include the trade-in value nor the rebate.

Therefore, car buyers get a tax break on trade-in vehicles and rebates in Kentucky.

The percentage paid is labled a "Usage Tax."

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Cost Breakdown

In our calculation, the taxable amount is $ which equals the sale price of $ plus the doc fee of $ plus the extended warranty cost of $ minus the trade-in value of $ minus the rebate of $.

DMV fees are about $ on a $ vehicle based on a $21 registration fee plus a $39 title fee plus a yearly property tax that varies by county.

View the Kentucky state and local ad valorem fee schedule to verify your exact amount, and use the DMV Override to adjust the calculator.

Consumer Advice

Prepaid maintenance plans are also taxed in Kentucky and may be added to the warranty line of the calculator for accurate handling.

The documentation fee is set by the dealer, but is not negotiable so clarify upfront what the dealer charges. The customary doc fee is $475 in Kentucky but may differ because there is no maximum set by the state.

Dealer Quote

Thank you for considering our dealership for your new vehicle! I can offer you a net price of $ which equals the dealer sale price of $ minus the factory rebate of $.

I can purchase your trade vehicle for $, payoff your loan up to $, and apply the balance of $ to this purchase. The estimated tax and registration combined is $, but this may vary based on your location. Our required dealer documentation fee is $.

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