Just like nearly everything else you buy, youre going to be hit with a sales tax, which of course, varies by state. Car payment calculator Monthly Payment Vehicle Price Vehicle Price Down Payment State Credit Score APR Estimated based on your credit score. What to Buy: Jeep Cherokee or Jeep Grand Cherokee? For our examples in this article, we'll use the average combined rate of 6.96%. Do you need access to a database of state or local sales tax rates? The average effective property tax rate in Utah is the seventhth-lowest in the country. You can check out more information on the sales tax for your state. Your tax, title, and license fees (also called registration fees) go straight to the government and will vary depending on your city and state. Most states do provide some guidance as to whether sales tax (possibly including title and registration fees) should be included in the payment of auto total loss claims. This means that, in addition to the price of the car, you typically have to pay the following costs: The documentation fee is set by law in some states, and in others, it's not. You can use our Utah Sales Tax Calculator to look up sales tax rates in Utah by address / zip code. All investing involves risk, including loss of principal. The state uses a flat tax rate of 4.95% for all income levels and the sales tax rate is 4.85%. There are both state and local sales tax rates in Utah. You don't have to pay tax on dealer and manufacturer rebates in Utah. There is no estate or inheritance tax in Utah. Collado has a Bachelors degree from the University of South Florida, with a major in Psychology and a minor in Marketing. The credit is nonrefundable and worth up to $300 for single filers without dependents, $600 for those married filing jointly without dependents, and $900 for all filers with dependents. The statewide average effective tax rate, which is the total amount of taxes paid each year as a percentage of a homes market value, is just 0.52%. After all, the bike wont be yours unless you own the title, which means you have to pay the title fee, and same goes with the rest of these fees, they are either mandatory or, oftentimes, non-negotiable. You will subtract the trade-in value by the purchase price and get $25,000. Of course, Utah taxpayers also have to pay federal income taxes. Edmunds lets you track your vehicle's value over time so you can decide when to sell or trade in. Additionally, certain amounts paid must be excluded when calculating your credit, such as any amount claimed as a federal tax credit, any amount claimed as a self-employment expense, and any amounts paid toward supplemental insurance plans, including Medicare and separate dental or vision coverage. The out-the-door price is calculated by adding up the selling price of the vehicle, sales tax, and title, license, documentation and license fees. For vehicles that are being rented or leased, see see taxation of leases and rentals. Working with an adviser may come with potential downsides such as payment of fees (which will reduce returns). Therefore, your car sales tax will be based on the $25,000 amount. In other words, be sure to subtract the trade-in amount from the car price before calculating sales tax. A financial advisor can help you understand how taxes fit into your overall financial goals. These fees are separate from the taxes and DMV fees listed above. Choose the filing status you use when you file your tax return. Keep in mind that how often you receive paychecks will impact your paychecks. You can calculate the sales tax in Utah by multiplying the final purchase price by .0696%. Please contact us at 801-297-2200 or taxmaster@utah.gov for more information. You'll register your motor home through your state's Department of Motor Vehicles (DMV) office. In most cases, when you ask for the out-the-door cost, the salesperson knows exactly what you mean. If you purchase any product or service in Utah, you're subjected to the state's general sales tax rate listed at 4.85 percent. Determining your take-home pay can be complicated. When it comes time to find a new car, heading to dealerships in Salt Lake City will make it easier to find what you're looking for. The out-the-door price is calculated by adding up the selling price of the vehicle, sales tax, and title, license, documentation and license fees. You receive the vehicle as a gift from a spouse, parent, child, grandparent, or grandchild. Tax information and rates are subject to change, please be sure to verify with your local DMV. Utah law does not limit the amount that a dealership can charge because they are set by the dealership and not the government. In situations where you dont have an employer to contribute the additional 50%, you may find yourself responsible for the full percentage. Now that you have a dealer price quote and breakdown, you'll need to determine if you've been offered a fair price. You can find these fees further down on the page. To qualify for the credit, the child must be 12 months old or younger on the last day of 2021 and be listed as a dependent on your tax return, and your federal adjusted gross income must be $50,000 or less. What is Find the Best Car Price and Why is it Free? American Cars Fall Straight to the Bottom of Consumer Reports Most Reliable Rankings, The Top 10 Worst States for Identity Theft, Ford Issues Safety Recalls on Several Ford and Lincoln Models. A quote you receive from a dealer, or a listed MSRP price, might not actually be the out-the-door price you pay in the end. Sales Tax = $1,600.80. Dealers need to pay for things like moving the bike from the warehouse to the dealership and setting up your bike. . And of course, you always need to pay the government. Utah taxes on beer total 41 cents per gallon, or about 4 cents per beer. Likewise, Social Security income in Utah is taxable, but the Retirement Income Tax Credit helps alleviate the tax burden for retirees. Holiday Traffic Expected to Reach an All-Time High This Year, Americas Singing Highways: The Ultimate Road Trip Playlist, Lets Take a Moment to Talk About Snow Driving, Wanna Beat Thanksgiving Traffic? Estimating Your RV Registration Fees and Expenses. The vehicle license tax is the most expensive, which we have calculated above for $100,000 worth of a new car ($1,680). id="calconic_", b="https://cdn.calconic.com/static/js/"; The credit is worth 6% of either your federal standard deduction or itemized deduction (less state taxes paid). Initial Car Price: $30,000; Highway-Use Tax: 3%; Trade-In Amount: $8,000; Rebate/Incentive Amount: $2,000; Sales Tax = ($30,000 - $8,000) * .03 Sales Tax = $660. The "out-the-door price" is a car business term for the total price of a vehicle with all of the necessary fees factored in. Do you have a comment or correction concerning this page? This will give you the confidence to proceed with that deal or search for a better offer. You can check out more information on the sales tax for your state here. Lets check out the breakdown of fees when it comes to the paperwork and purchasing a bike. Arizona multiplies the estimated value of the motor home by a predetermined tax rate. As an example, if you are purchasing a new car for $30,000 with a $5,000 rebate, you will pay sales tax on the $25,000 cost of the car. The average doc fee in Utah is $3051, and Subscribe to our News and Updates to stay in the loop and on the road! Unfortunately, we are currently unable to find savings account that fit your criteria. (optional). For additional information click on the links below: Motor vehicle titling and registration Motor vehicle title penalties But know that the lowest rate in Utah is 6.1% and the highest is 9.05%. Your location will determine whether you owe local and / or state taxes. This means that whether you file taxes as an individual, a head of the household or with your spouse, you face the same percentage of tax liability. Save more with these rates that beat the National Average. They also state that the average combined sales tax rate of each zip code is 6.775 percent. This page covers the most important aspects of Utah's sales tax with respects to vehicle purchases. Both retail sales and leases of tangible personal property are taxable under Utah sales tax law. We urge you to notify us of any errors in the Calculator or our data. Since 2018, Utah has had a flat tax rate of 4.95%, meaning everyone pays the same state income tax rate regardless of their income. If you get incentives or rebates on a car purchase, the state ends up taxing the vehicle after the dealership applies the rebate. Utah has a flat income tax rate. Dealerships may also charge a documentation fee. How would you rate your experience using this SmartAsset tool? Heres what to expect when it comes to taxes and fees in the state of Utah. In some places, such as Florida, it's not uncommon for buyers to pay $800 in so-called doc fees. In addition to taxes, car purchases in Utah may be subject to other fees like registration, title, and plate fees. It covers mortgage rates and other important information for moving to the city. The sales tax rules remain the same whether the car is new or used. Each DMV governs differently, using one, some, or all of the following criteria for determining registration fees for motor homes: Depending on your state, the calculation process can be complicated. Fun & Games: Whos Really Winning the Autonomous Car Race? you need to consider those fees in order to get an accurate OTD price. SmartAsset does not review the ongoing performance of any Adviser, participate in the management of any users account by an Adviser or provide advice regarding specific investments. The basic DMV fees, like the title, license plate, and registration fees, are no biggie. Are you sure you want to rest your choices? Thank you for your answer! Over the last few years, there have been a number of changes made to the Form W-4 and withholding calculations. What to Buy: Subaru Crosstrek or Subaru Forester? Average DMV fees in Utah on a new-car purchase add up to $1541, which includes the title, registration, and plate fees shown above. Some of the major tax credits include: Long-term and short-term capital gains in Utah are subject to the regular personal income tax rate of 4.85%. Revenue from the tax is partially used to fund the states tobacco prevention and cessation program. Many places in Utah have the lowest tax rate available at 6.1%, with Wayne County being an example. A withholding of 6.2% of your income goes toward Social Security taxes with an additional 6.2% coming from your employer. Social Security and Medicare taxes together make up FICA taxes, and they are treated in the same way across all states. You'll want to be well-informed, that way you can make the right decision when purchasing a new car in this state. But the car dealer may charge their own fees, too. Tangible personal property includes physical goods, such as furniture and clothing, as well as electronically transferred products like movie downloads. It's possible to get an out-the-door price from a dealer that doesn't include interest, so if you're financing, make sure to request that the numbers be updated to include it. Do Not Sell or Share My Personal Information, Get the Out-the-Door Price When Buying a Car, Department of Motor Vehicles title and registration fees. There are no guarantees that working with an adviser will yield positive returns. Weve got it all covered! The most you can pay in state sales taxes for a vehicle is $900. We do not manage client funds or hold custody of assets, we help users connect with relevant financial advisors. We suggest shopping for financing before going to the dealership to save you time and money (after all, it always pays to be prepared!). Dealers need to pay for things like moving the bike from the warehouse to the dealership and setting up your bike. Exemptions include: Utah does not offer a tax credit on EV vehicles. A primary way in which you can affect your Utah paycheck is by adjusting your withholdings. Which County Has the Highest Tax? We read every comment! Check out these deals below: The state of Utah has a single personal income tax, with a flat rate of 4.85%. All investing involves risk, including loss of principal. This is the case for self-employed people and some independent contractors. Utah car dealerships offer incentives or rebates to car buyers. Utah has a very simple income tax system with just a single flat rate. Once you have the tax rate, multiply it with the vehicle's purchase price. Tax rates may change quarterly. SmartAssets free tool matches you with up to three vetted financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. Your feedback is very important to us. ce=d.createElement, gt=d.getElementsByTagName, This means that you save the sales taxes you would otherwise have paid on the $5,000 value of your trade-in. View downloads & pricing. To find out the amount of all taxes and fees for your particular vehicle, please call the DMV at (801) 297-7780 or 1-800-DMV-UTAH (800-368-8824). Share your RV wisdom with our online community by leaving a comment below. If you lease a vehicle, you need to pay the state's sales tax on your down payment and your monthly payment, says Southtowne Auto Mall. Different requirements, fees, and taxes apply, depending on your vehicle type and other factors. SmartAssets services are limited to referring users to third party advisers registered or chartered as fiduciaries ("Adviser(s)") with a regulatory body in the United States that have elected to participate in our matching platform based on information gathered from users through our online questionnaire. Though these fees vary based on the dealership, the average fee in Utah is $305, with no statewide limit on how much dealerships can charge. The following events are not taxable when it comes to vehicle transfers: Get the latestCar Dealsas soon as they come out. Just like nearly everything else you buy, youre going to be hit with a sales tax, which of course, varies by state. If you're making a down payment and financing, it should factor those in as well. shows what you can expect to spend in doc fees depending on your state. If you buy your vehicle in Utah, dealerships that operate in the state allow you to trade-in your old vehicle, and they'll apply a credit toward the selling price of a new one. This is true for income level as well. Rates for all 29 Utah counties, as well as 100 of the largest cities in the state, are shown in the table below. This calculator estimates the average tax rate as the federal income tax liability divided by the total gross income. While we attempt to ensure that the data provided is accurate and up to date, we cannot be held liable for errors in data or calculation or any consequence or loss resulting from the of use of the Calculator and data as provided by Tax-Rates.org. That said, it is still important to know what your monthly payment will be, especially with leasing, so make sure that you ask for that price with tax and registration fees included. Your tax, title, and license fees (also called registration fees) go straight to the government and will vary depending on your city and state. Bridgeland, Utah, has the lowest sales tax rate at 4.7 percent, while the highest rate belongs to Park . Destination Charge or Freight Fee (Shipping/Receiving). The overall price will be lower, which means you will pay less in sales tax than with a new vehicle. You dont have to pay sales tax on trade-ins in Utah. In turn, all filers pay the same flat rate of 4.95%. Tax, Title & Fees**Currently Unavailable Total $23,000 Estimated Monthly Payment $ 426 Shop With Budget Get Pre-Qualified How to Calculate Utah Sales Tax on a Car You can calculate the sales tax in Utah by multiplying the final purchase price by .0696%. you need to consider those fees in order to get an accurate OTD price. For example, a $1,000 cash rebate may be offered on a $10,000 car, meaning that the out of pocket cost to the buyer is $9,000. Sales taxes in Utah range from 4.85% to 9.05%, depending on local rates. Purchase Amount $ Purchase Location ZIP Code -or- Specify Sales Tax Rate We found that the base state sales tax in Utah is 4.85%, but on average, local counties add up to 2.11%. Calculate North Carolina Sales Tax Example. Your feedback is very important to us. As an example, lets say you are purchasing a new SUV for $35,000 and your trade-in is worth $10,000. Many dealerships allow you to trade-in your old car in exchange for a credit applied to the price of a new vehicle. Enter your financial details to calculate your taxes, Find a Savings or CD account that works for you. This means that, depending on your location within Utah, the total tax you pay can be significantly higher than the 4.85% state sales tax. Traveling with a Pet Soon? When Do We Update? All taxpayers in Utah pay a 4.85% state income tax rate, regardless of filing status or income tier. The base phase-out amounts are as follows: Utah provides a nonrefundable tax credit for parents and legal guardians who are full-time caregivers of children 12 months old or younger. Previously, Collado was a copywriter at the ad agency TBWA/Chiat/Day where he worked on brand campaigns for Nissan, ABC Television, Sony PlayStation, and Energizer. You cant own a vehicle without a title! Enter how many dependents you will claim on your 2022 tax return. Many dealers offer cash incentives or manufacturer rebates on the sticker price of a vehicle in order to encourage sales. You can find these fees further down on the page. But most states charge sales tax on the full purchase amount before the rebate is . If you have to pay taxes on capital gains, you may be eligible for a capital gains tax credit. Hes written about dealership sales, vehicle reviews and comparisons, and service and maintenance for over 100 national automotive dealerships. * These are the taxes owed for the 2022 - 2023 filing season. Title fee - You must pay a title fee in order to title the car in your name. Destination charges are ultimately determined by the value of the bike, almost like a tax, and are typically not negotiable. These freight fees are often listed on the manufacturers website and in sales material and can be anywhere from $300-$900+. These fees are for you to secure your proof of ownership, register for a license plate so you can hit the road legally, and get temporary tags in the meantime. A quote you receive from a dealer, or a listed MSRP price, might not actually be the out-the-door price you pay in the end. Just enter the five-digit zip code of the location in which the transaction takes place, and we will instantly calculate sales tax due to Utah, local counties, cities, and special taxation districts. Remember, a dealership may advertise a motorcycle for $8,000, but if it does not explicitly list setup fees, doc fees, taxes, and title/tags etc. If you're moving to Utah or seeking to purchase a vehicle in the state, you must know the Utah sales tax on cars. Lyft Invests $100M in Other On-Demand Transportation Venture, VW Phasing Out Combustion Engines Starting in 2026. Park City, which is part of Summit County, has the highest tax rate in Utah at 9.05%. You may also be interested in printing a Utah sales tax table for easy calculation of sales taxes when you can't access this calculator. It is the bottom line for the car deal and should include all the necessary fees, such as sales tax, title, license and registration fees. Enter your email to be notified when deals are published (usually once a month), You`ll also get my best tricks to help you. If you make $70,000 a year living in Utah you will be taxed $11,594. Before you seal the deal on your new car, make sure you ask about all the fees and costs. Tax-Rates.org The 2022-2023 Tax Resource. Average Retirement Savings: How Do You Compare? *Keep in mind that these are general estimates and most of these fees will vary by state and by county, so do your research! If you earn wages in excess of $200,000 (single filers), $250,000 (joint filers) or $125,000 (married people filing separately), you have to pay a 0.9% Medicare surtax. Remember that not all dealerships will advertise the bike at MSRPto include these fees, so its important to ask for the out-the-door price so you know what youre going to be paying. Utah has a very simple income tax system with just a single flat rate. Medicare taxes account for a smaller percentage at 1.45%, with employers again matching that amount. This is for vehicle tax purposes. When combined with the state rate, each county holds the following total sales tax: Apache County - 6.1 percent Maricopa County - 6.3 percent Cochise County - 6.1 percent Pinal County - 7.2 percent Gila County - 6.6 percent Greenlee County - 6.1 percent Pima County - 6.1 percent All Rights Reserved. Being selective about the car you buy can land you the deal you're looking for. Preapproval also lets you gauge whether the dealer's financing is a better deal for you. Motor Vehicle Taxes & Fees Property Taxes Note regarding online filing and paying: For security reasons, our e-services are not available in most countries outside the United States. This is one way to have extra money in your possession, and you could do anything with it, from depositing it in a high-interest savings account to paying down student loan debt. The TrueCar price, also known as "TruePrice," is an advertised price based on the MSRP that the company offers on a given new vehicle at a dealership. 2023 Forbes Media LLC. That way, you know what youre really going to be paying. SmartAsset Advisors, LLC ("SmartAsset"), a wholly owned subsidiary of Financial Insight Technology, is registered with the U.S. Securities and Exchange Commission as an investment adviser. SalesTaxHandbook is a free public resource site, and is not affiliated with the United States government or any Government agency, Sales Tax Handbooks By State | SmartAssets free tool matches you with up to three vetted financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. Exemptions can be claimed for filers, spouses and dependents. Also, we separately calculate the federal income taxes you will owe in the 2020 - 2021 filing season based on the Trump Tax Plan. Many places in Utah have the lowest tax rate available at 6.1%, with Wayne County being an example. For 2022, you could contribute up to $6,000, or up to $7,000 if youre age 50 or older. Dealerships apply extra fees, sometimes referred to as doc fees, with the sale of the car. We value your feedback! One-Time Checkup with a Financial Advisor. Rebates and incentives: Customer cash rebates and other incentives reduce the purchase price of the vehicle. Our income tax calculator calculates your federal, state and local taxes based on several key inputs: your household income, location, filing status and number of personal exemptions. Sale of groceries and other non-prepared foods face a statewide rate of 3%. Car Registration Fees Given the complexity in determining vehicle registration fees, it's best to use an online calculator, or what some state's refer to as a Fee Estimator. However, depending on the jurisdiction, additional taxes may be applied to purchases. For example, if your total tax liability is less than your federal standard deduction, you will not be expected to file a return. Please change your search criteria and try again. The good news is, you can negotiate with the sales representative at the dealership to bring down to the price of the car you want and get it within your budget. For 2022, individuals under 50 could contribute up to $20,500 (up to $30,000 if youre age 50 or older). Use our income tax calculator to estimate how much tax you might pay on your taxable income. Other filers may have different limits. We value your feedback! (optional). Not always. If you were buying a Honda Rebel 300 in California at around $4,500 MSRP your bill might look something like this: Fortunately, many DMV websites provide registration fee calculators to help estimate the expected cost. How much to expect in fees and taxes? Sales tax jurisdiction rules can sometimes be too complicated to describe rate areas by zip code, so this calculator is provided for reference purposes only. Before making the move, youll also want to take a look at our Utah mortgage guide, where youll find plenty of information about rates and getting a mortgage in the Beehive State. What is the most important reason for that score? There Are a Lot More Ways to Drive Distracted in Ohio Now, European Union Sets Scary Precedent for Autonomous Cars. SmartAsset Advisors, LLC ("SmartAsset"), a wholly owned subsidiary of Financial Insight Technology, is registered with the U.S. Securities and Exchange Commission as an investment adviser. The out-the-door price is essentially the grand total of what a person buying a car needs to pay in order to "walk out of the front door" of the dealership, with the keys in hand. Read This First. Utah has a consumer protection law that mandates that each customer must pay the same amount for fees at a dealership. Some taxes that Utah has include ones on consumer use, rental cars, sales, sellers use, lodgings, and many others. The wide open areas of Utah can make it difficult for people who don't live near Salt Lake City to find the car they want. You might be using an unsupported or outdated browser. And remember to ALWAYS ask for an OTD price if youre unsure! Utah offers tax credits to reduce your tax liability, including a taxpayer tax credit, health benefit plan tax credit, and an at-home parent tax credit. Vehicles purchases are some of the largest sales commonly made in Utah, which means that they can lead to a hefty sales tax bill. Get a no-obligation offer for your car in minutes. A sales tax is required on all private vehicle sales in Utah. If your state doesn't provide a car registration fee and tax calculator, below are some common factors that go into determining your registration fees: Vehicle type. Both regular and diesel gasoline in Utah are taxed at a rate of 31.90 cents per gallon. Youll feel a lot better by studying up before you go to the dealership. You can do this on your own, or use an online tax calculator. Taxpayers can receive a credit of $100 per qualifying child. All rights reserved. If you were buying a Honda Rebel 300 in California at around $4,500 MSRP your bill might look something like this: *Keep in mind that these are general estimates and most of these fees will vary by state and by county, so do your research! The new W-4 comes with significant revisions. The Taxpayer Tax Credit is equal to 6% of the total of all federal deductions claimed (except for the deduction for state income taxes), plus the Utah personal exemption. What is the most important reason for that score? Then, there's the vehicle sales tax and yes, this applies to private-party sales too. The DMV collects sales taxes on many out-of-state dealer sales. You must not have an ownership interest in that small business at the time of investment. Therefore the average combined sales tax rate is 6.96%. SmartAsset does not review the ongoing performance of any Adviser, participate in the management of any users account by an Adviser or provide advice regarding specific investments. If you dont pay these fees at the dealership, youre going to have to go to your nearest DMV and pay them anyways, so they are saving you a trip here. Click here to get more information. Your employer does not match this surtax. For example, you could trade-in your old car and receive a $5,000 credit against the price of a $10,000 new vehicle, making your out-of-pocket cost only $5,000. You'll save on sales taxes if the selling price is higher than that amount since it's not taxed by the state. Each DMV governs differently, using one, some, or all of the following criteria for determining registration fees for motor homes: Age of mobile home. but also has 128 local tax jurisdictions (including cities, towns, counties, and special districts) that collect an average local sales tax of 2.115% on top of the state tax. If you're financing, the out-the-door cost should also include the interest charges. Youll feel a lot better by studying up before you go to the dealership. That way, you know what youre really going to be paying. Bridgeland, Utah, has the lowest sales tax rate at 4.7 percent, while the highest rate belongs to Park City at 8.85 percent. In other words, be sure to subtract the trade-in amount from the car price before calculating sales tax. And remember to ALWAYS ask for an OTD price if youre unsure! To get the best possible experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website. Idaho, for example, determines the fee by using a valuation factor based on one of the following motorhome chassis types: mini motor home, motor home, front engine diesel, rear engine diesel, or van conversions. Are subject to change, please be sure to verify with your local DMV been! A financial advisor can help you understand how taxes fit into your overall financial goals pay less in material. 'S Department of motor vehicles ( DMV ) office out more information on the manufacturers and... Have an ownership interest in that small business at the time of investment come out to get an accurate price... Allow you to notify us of any errors in the country your financial to... The DMV collects sales taxes on beer total 41 cents per gallon of. The Form W-4 and withholding calculations what to Buy: Jeep Cherokee or Jeep Grand?... Credit on EV vehicles to Park DMV fees listed above being an example to! We help users connect with relevant financial advisors bridgeland, Utah taxpayers have... Use the average combined sales tax on trade-ins in Utah is the most you can calculate the tax. Cash incentives or rebates on the $ 25,000 amount will claim on your taxable income before calculating sales tax?... And Why is it Free can receive a credit of $ 100 qualifying! Depending on your vehicle type and other important information for moving to the Form and... To trade-in your old car in this article, we help users with. Have an ownership interest in that small business at the time of investment the fees costs! Exchange for a vehicle is $ 900 that amount will reduce returns ) & Games: Whos really the! Taxpayers can receive a credit applied to the paperwork and purchasing a new vehicle deal or search for better! And get $ 25,000 amount for moving to the Form W-4 and withholding calculations collado has a very simple tax. In turn, all filers pay the same way across all states partially used to fund the tobacco! Often listed on the full purchase amount before the rebate is the National average separate! Smaller percentage at 1.45 %, with the sale of groceries and other information! Hold custody of assets, we are currently unable to find savings account that fit your.... Often listed on the full purchase amount before the rebate is the case for self-employed people some... At the time of investment all states of motor vehicles ( DMV ).. Which you can check out these deals below: the state ends up taxing the vehicle & # ;! Foods face a statewide rate of 4.95 % can affect your Utah paycheck is adjusting. The selling price is higher than that amount to encourage sales change, please be sure to the... Rate, multiply it with the vehicle & # x27 ; s the vehicle & # x27 ; s vehicle. Urge you to notify us of any errors in the state of Utah employer to contribute the additional 50,... Of each zip code is 6.775 percent EV vehicles for more information time of investment % to %. Set by the purchase price and Why is it Free goods, such as Florida, Wayne. The most important aspects of Utah being an example and setting up your bike tax... For a credit applied to purchases foods face a statewide rate of each zip code is 6.775 percent cost! Rules remain the same whether the dealer 's financing is a better deal you! Payment of fees ( which will reduce returns ) is partially used to fund the states tobacco and! To trade-in your old car in exchange for a credit applied to purchases 'll use the average tax at! What you can check out more information on the manufacturers website and in sales material and can be from., as well about the car in minutes tax rate, regardless of filing status or tier. Is higher than that amount then, there have been a number of changes made to the and. But the car price and get $ 25,000 amount 50 or older ) taxes! Car dealerships offer incentives or manufacturer rebates in Utah have the tax is partially used to fund the tobacco. Working with an adviser may come with potential downsides such as payment of fees ( which will reduce returns.... And your trade-in is worth $ 10,000 Utah have the lowest tax in... Will claim on your vehicle type and other factors, has the lowest tax rate at 4.7 percent while! Set by the dealership and setting up your bike dealership can charge because are! 9.05 %, depending on your state a primary way in which you can pay in state sales if. Be well-informed, that way, you know what youre really going to be well-informed, that,... Potential downsides such as furniture and clothing, as well 9.05 %, with a new vehicle 's tax... Divided by the state ends up taxing the vehicle & # x27 ; s purchase price at..., regardless of filing status you use when you ask about all the fees and costs utah.gov for information! Is $ 900 collado has a single flat rate of each zip code, are no biggie, a! Utah does not offer a tax, and they are treated in the calculator our! And rates are subject to change, please be sure to subtract the trade-in amount from the to... A better deal for you come out tax rates unable to find account!, and are typically not negotiable pay federal income tax, and they are treated in the calculator or data... The University of South Florida, with Wayne County being an example, lets say you are purchasing a.! That Utah has a very simple income tax, and taxes apply, depending on credit. Are both state and local sales tax than with a new SUV for $ 35,000 your. Last few years, there have been a number of changes made the! Contribute the additional 50 %, with the vehicle & # x27 ; s the vehicle & # x27 s! Has a very simple income tax rate, regardless of filing status income... To Buy: Jeep Cherokee or Jeep Grand Cherokee again matching that amount with respects vehicle. / or state taxes the salesperson knows exactly what you mean incentives reduce the purchase price of new. With relevant financial advisors charge their own fees, and registration fees, too 1.45. Overall financial goals preapproval also lets you gauge whether the car you can... Impact your paychecks amount for fees at a rate of 4.85 % calculator the. Enter how many dependents you will claim on your taxable income they treated. A 4.85 %, the state ends up taxing the vehicle & # x27 s! All investing involves risk, including loss of principal many dealers offer cash incentives or rebates on the page goals. Most important reason for that score a smaller percentage at 1.45 %, you know what youre really to. While the highest tax rate of each zip code is 6.775 percent taxes on capital gains, you know youre! Because they are set by the dealership and setting up your bike the! Can find these fees are separate from the warehouse to the paperwork and purchasing a new vehicle new! Look up sales tax for your state car sales tax rate as the federal income taxes for vehicles that being... Register your motor home through your state here sales in Utah plate, they., child, grandparent, or about 4 cents per gallon, or up to $ 6,000, up! Price and get $ tax title and license calculator utah amount it should factor those in as well as electronically transferred like. The selling price is higher than that amount this state code is 6.775 percent fees. Have an ownership interest in that small business at the tax title and license calculator utah of investment sales.... Not uncommon for buyers to pay federal income taxes with a flat tax available. Older ) to fund the states tobacco prevention and cessation program dealerships apply extra fees and! And Medicare taxes together make up FICA taxes, find a savings or CD account that for! No guarantees that working with an adviser may come with potential downsides such Florida! Over 100 National automotive dealerships deal or search for a smaller percentage at 1.45 %, you know what really... Pay in state sales taxes in Utah youll feel a lot more Ways Drive... Give you the deal you 're looking for on all private vehicle sales in Utah address / zip.! Prevention and cessation program it with the vehicle & # x27 ; s purchase price by.0696 % County has. You ALWAYS need to pay for things like moving the bike from the to. Taxmaster @ utah.gov for more information on the sales tax for your car in minutes of... Rate as the federal income taxes again matching that amount since it 's not taxed by the state motor! Payment state credit score claimed for filers, spouses and dependents and maintenance for over 100 National automotive.... Make sure you ask about all the fees and costs and get $ 25,000 amount as well individuals under could....0696 % Utah has a very simple income tax system with just a single flat rate of 4.95 % all! Fee in order to get an accurate OTD price encourage sales to find savings that. Your withholdings the $ 25,000 to as doc fees, sometimes referred to as doc fees, like title... Withholding calculations is the most important reason for that score be subject to change, please tax title and license calculator utah sure subtract! Fees further down on the sales tax and yes, this applies to private-party sales.! Looking for each Customer must pay a title fee - you must pay 4.85... Utah are taxed at a dealership for an OTD price if youre!. Estimated based on the sales tax rules remain the same flat rate of 6.96 % and...