Connecticut Auto Loan Calculator
Calculate your car payment in Connecticut with 6.35% state sales tax (up to 7.3% with local). See monthly payment, total interest, and total cost.
How This Calculator Works
Calculation methodology and assumptions
Auto loan calculation for Connecticut. Connecticut's state sales tax of 6.35% is applied to the vehicle price minus trade-in value. Local taxes may add up to 1% more. Monthly payment uses standard amortization: P × [r(1+r)^n] / [(1+r)^n - 1].
Key State Information
Connecticut auto buying facts: State sales tax 6.35%, up to 1% additional local tax. Average car insurance in Connecticut: $1,950/year. On a $35,000 vehicle, Connecticut sales tax alone is $2,223.
Frequently Asked Questions
How much is sales tax on a car in Connecticut?
Connecticut's state sales tax rate is 6.35%. Local jurisdictions can add up to 1% more, for a maximum combined rate of 7.3%. On a $35,000 car, state sales tax is approximately $2,223.
What is the average car insurance cost in Connecticut?
The average annual car insurance premium in Connecticut is $1,950, or about $163/month. This is above the national average.