Massachusetts Auto Loan Calculator
Calculate your car payment in Massachusetts with 6.25% state sales tax. See monthly payment, total interest, and total cost.
How This Calculator Works
Calculation methodology and assumptions
Auto loan calculation for Massachusetts. Massachusetts's state sales tax of 6.25% is applied to the vehicle price minus trade-in value. Local taxes may add up to 0% more. Monthly payment uses standard amortization: P × [r(1+r)^n] / [(1+r)^n - 1].
Key State Information
Massachusetts auto buying facts: State sales tax 6.25%. Average car insurance in Massachusetts: $1,620/year. On a $35,000 vehicle, Massachusetts sales tax alone is $2,188.
Frequently Asked Questions
How much is sales tax on a car in Massachusetts?
Massachusetts's state sales tax rate is 6.25%. There is no additional local sales tax. On a $35,000 car, state sales tax is approximately $2,188.
What is the average car insurance cost in Massachusetts?
The average annual car insurance premium in Massachusetts is $1,620, or about $135/month. This is near the national average.