How much are car taxes in Missouri?
The local vehicle tax rate is added to the Missouri auto tax, meaning that most people in the state will pay between 5 and 11 percent tax on new vehicle purchases. Because of the differences in local tax rates, actual Missouri car taxes can vary greatly. The state has a tax calculator that can help you find the specific tax rate for your situation.
How much is sales tax on a car?
Sales tax is charged on car purchases in most states in the U.S. While you may be used to paying sales tax for most of your purchases, the bill for sales tax on a vehicle can be shocking. If, for example, you pay a 10% sales tax on $20,000, that's an additional $2,000 you must spend – not counting doc fees and DMV fees.
Which cities have the lowest sales tax in Missouri?
When you factor in the local sales tax along with the state sales tax, the cities or counties with the lowest tax are Osceola, Collins, Roscoe, and Rockville, with a combined rate of 4.725% (local tax is 0.5%). In the state of Missouri, your trade-in is not subject to the state sales tax.