What a financed car actually costs out the door in Delaware — the sales tax this state really charges, whether it credits your trade-in, and what the payment does to what you can borrow for a house.
Delaware has NO state or local sales tax — 0% explicitly. BUT a vehicle purchase is not tax-free: Delaware levies a DOCUMENT FEE on titling which functions as the state's equivalent charge. Effective 2025-10-01 (HB 164) it rose from 4.25% to 5.25% of purchase price or NADA book value, whichever is greater — statutorily $5.25 per each $100 or fraction thereof, rounded to the nearest dollar. Minimum fees are unchanged: $8.00 for a price of $0-399 and $13.75 for $400-500. UNLIKE the sales tax that does not exist here, this document fee IS computed net of a trade-in, so a calculator must not use the trade-in boolean to decide the doc-fee base.
Money factor, residual, and the payment — taxed by your state's actual method, since some states tax a lease's full value upfront instead of each payment.
Which dealer offer actually costs less over the life of the loan, and the rate at which they tie.
Income, savings, and debts in — max home price and qualification signal out.
A dealer offers 0% financing or $3,000 cash back. On a $38,000 car over 60 months the two cost exactly the same at 3.70% — and above that, the 0% wins by thousands.
Co-signing a $683-a-month car loan cuts the house payment you can qualify for by $683 — dollar for dollar. And if it defaults, you owe the whole balance, not half.
One number, in writing, itemised — and the scripts that get it. Every line a dealer can add, which of them are negotiable, and what your own state's tax rules do to the total.
One number, itemised, with the taxable amount working your state's trade-in rule live rather than leaving it to you to remember: four states with a sales tax credit nothing against a trade-in, and Ohio credits it against a new vehicle only. Checks a documentation fee against the nine statutory caps this site has confirmed, and is explicit that the other 41 states are unresearched rather than uncapped. Prices the F&I office as the optional extra it is, and adds the trade-in payoff back into the amount financed — because negative equity does not disappear when you trade the car, it moves into the new loan and accrues interest.