Colorado Auto Loan Calculator
Calculate your car payment in Colorado with 2.9% state sales tax (up to 11.2% with local). See monthly payment, total interest, and total cost.
How This Calculator Works
Calculation methodology and assumptions
Auto loan calculation for Colorado. Colorado's state sales tax of 2.9% is applied to the vehicle price minus trade-in value. Local taxes may add up to 8.3% more. Monthly payment uses standard amortization: P × [r(1+r)^n] / [(1+r)^n - 1].
Key State Information
Colorado auto buying facts: State sales tax 2.9%, up to 8.3% additional local tax. Average car insurance in Colorado: $2,050/year. On a $35,000 vehicle, Colorado sales tax alone is $1,015.
Frequently Asked Questions
How much is sales tax on a car in Colorado?
Colorado's state sales tax rate is 2.9%. Local jurisdictions can add up to 8.3% more, for a maximum combined rate of 11.2%. On a $35,000 car, state sales tax is approximately $1,015.
What is the average car insurance cost in Colorado?
The average annual car insurance premium in Colorado is $2,050, or about $171/month. This is above the national average.