Virginia Auto Loan Calculator
Calculate your car payment in Virginia with 5.3% state sales tax (up to 7.0% with local). See monthly payment, total interest, and total cost.
How This Calculator Works
Calculation methodology and assumptions
Auto loan calculation for Virginia. Virginia's state sales tax of 5.3% is applied to the vehicle price minus trade-in value. Local taxes may add up to 1.7% more. Monthly payment uses standard amortization: P × [r(1+r)^n] / [(1+r)^n - 1].
Key State Information
Virginia auto buying facts: State sales tax 5.3%, up to 1.7% additional local tax. Average car insurance in Virginia: $1,430/year. On a $35,000 vehicle, Virginia sales tax alone is $1,855.
Frequently Asked Questions
How much is sales tax on a car in Virginia?
Virginia's state sales tax rate is 5.3%. Local jurisdictions can add up to 1.7% more, for a maximum combined rate of 7.0%. On a $35,000 car, state sales tax is approximately $1,855.
What is the average car insurance cost in Virginia?
The average annual car insurance premium in Virginia is $1,430, or about $119/month. This is below the national average.