Buying a car in Vermont
Every figure below is sourced to Vermont’s own revenue or motor vehicle publications and dated. Estimates only.
Auto loan calculator
The real out-the-door number — including whether your state credits your trade-in against the sales tax.
Auto lease calculator
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.
Loan payoff calculator
What paying extra actually saves you — in interest and in months — on a car loan, a personal loan, or anything else that amortizes.
0% APR vs. cash rebate
Which dealer offer actually costs less over the life of the loan, and the rate at which they tie.
Personal loan calculator
Payment, total interest, and the effective APR once an origination fee is deducted from what actually reaches your account.
Debt consolidation calculator
Whether one loan actually beats paying your existing debts off as they are — measured against the best you could do without consolidating.
Auto refinance calculator
Whether refinancing your car loan is worth it — including whether a lower payment is being bought with a longer term on a depreciating asset.
Lease vs. buy a car
The same car both ways over the same months, with the resale value credited to the buyer — the part most comparisons leave out.
Vermont at a glance
- State sales tax
- 6%
- Local tax is added on top in most states — treat this as a floor.
- Trade-in credit
- Reduces your tax
- You are taxed on the price less your trade-in allowance.
- Dealer doc fee
- Not confirmed
- We have not confirmed a cap for this state, so we do not claim one.
- Title and registration
- $133.00
- $42.00 title + $91.00 registration.
Local tax in Vermont
Vermont taxes vehicles under a distinct DMV-administered Motor Vehicle Purchase and Use Tax (32 V.S.A. ch. 219), not the general sales and use tax, and there is no local add-on to it — Vermont's 1% local option tax attaches to the sales/use, meals, rooms and alcohol taxes instead. Short-term rentals of pleasure cars are taxed separately at 9% of the rental charge. A maximum tax of $2,486 applies to heavier classes (trucks of 10,100 lb curb weight or more, and trailers); pleasure cars, motorcycles and motor homes are uncapped. LEASE CAVEAT: Vermont taxes a lease up front on acquisition cost MINUS lease-end value — neither the payment stream nor the vehicle's full value — so leaseTaxMethod is omitted as the lesser error. See docs/OVERNIGHT-VERIFY.md.