Florida Auto Loan Calculator
Calculate your car payment in Florida with 6% state sales tax (up to 8.5% with local). See monthly payment, total interest, and total cost.
How This Calculator Works
Calculation methodology and assumptions
Auto loan calculation for Florida. Florida's state sales tax of 6% is applied to the vehicle price minus trade-in value. Local taxes may add up to 2.5% more. Monthly payment uses standard amortization: P × [r(1+r)^n] / [(1+r)^n - 1].
Key State Information
Florida auto buying facts: State sales tax 6%, up to 2.5% additional local tax. Average car insurance in Florida: $2,560/year. On a $35,000 vehicle, Florida sales tax alone is $2,100.
Frequently Asked Questions
How much is sales tax on a car in Florida?
Florida's state sales tax rate is 6%. Local jurisdictions can add up to 2.5% more, for a maximum combined rate of 8.5%. On a $35,000 car, state sales tax is approximately $2,100.
What is the average car insurance cost in Florida?
The average annual car insurance premium in Florida is $2,560, or about $213/month. This is above the national average.