Car Loan Calculator Detailed for North Carolina
Calculate by State > North Carolina
How are car loans in North Carolina calculated?
North Carolina includes the sale price and the dealer document fee in the taxable amount of an auto loan but does not include the trade-in value.
Therefore, car buyers get a tax break on trade-in vehicles in North Carolina.
In our calculation, the taxable amount is $ which equals the price of $ plus the doc fee of $ minus the trade-in value of $.
DMV fees are about $ on a $ vehicle based on $108 in registration fees plus a vehicle property tax that varies by weight and location.
View the North Carolina property tax estimator to verify your cost, add $108, and use the DMV Override to adjust the calculator.
Prepaid maintenance plans, extended warranties, and GAP insurance are not taxed in North Carolina and provide considerable savings over paying down the road. You can include maintenance on 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 $599 in North Carolina but may differ as there is no maximum set by the state.
EV surcharges are levied to offset declining fuel tax revenue. Add $130 to the DMV fees for electric vehicles.
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 $.