Connecticut Auto Loan & Sales Tax Calculator
Calculate your Connecticut auto loan monthly payment and vehicle sales tax. Connecticut charges 6.35% on vehicle purchases.
Connecticut Sales Tax Rules
Connecticut charges 6.35% on vehicles priced under $50,000. Vehicles priced over $50,000 are taxed at 7.75%. Connecticut has no county or local sales taxes — the state rate is the final rate.
Source: Conn. Gen. Stat. § 12-431
Frequently Asked Questions
What is the vehicle sales tax rate in Connecticut?
Connecticut charges 6.35% sales tax on vehicles priced under $50,000, and 7.75% on vehicles over $50,000, under Conn. Gen. Stat. § 12-431. Connecticut has no local sales taxes — the state rate is the total rate.
Does Connecticut reduce sales tax for trade-ins?
Yes. Connecticut allows a trade-in credit — the trade-in value reduces the taxable purchase price before the 6.35% (or 7.75%) sales tax is applied.
Does Connecticut have a higher rate for luxury vehicles?
Yes. Connecticut applies a higher 7.75% rate to vehicles with a purchase price over $50,000. Vehicles at or below $50,000 are taxed at the standard 6.35% rate.
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This tool is for informational and educational reference only and does not constitute financial advice. Calculations are estimates based on the inputs provided and state average data. Actual results will vary. Always consult a licensed financial advisor before making financial decisions.