New Jersey Auto Loan & Sales Tax Calculator
Calculate your New Jersey auto loan monthly payment and vehicle sales tax. New Jersey charges 6.625% on vehicle purchases.
New Jersey Sales Tax Rules
New Jersey charges 6.625% state sales tax on vehicles. Trade-in credit applies. New Jersey has no county or local sales taxes — 6.625% is the final statewide rate.
Source: N.J. Rev. Stat. § 54:32B-3
Frequently Asked Questions
What is the vehicle sales tax rate in New Jersey?
New Jersey charges a 6.625% state sales tax on vehicle purchases under N.J. Rev. Stat. § 54:32B-3. New Jersey has no county or local sales taxes — the 6.625% state rate is the total rate throughout the state.
Does New Jersey reduce sales tax for trade-ins?
Yes. New Jersey allows a trade-in credit — the value of your trade-in vehicle reduces the taxable purchase price before the 6.625% state sales tax is calculated.
Are there local vehicle sales taxes in New Jersey?
No. New Jersey does not allow county or local sales taxes on vehicle purchases. The uniform 6.625% statewide rate applies across the entire state. Note: Salem County has a special reduced rate — check local rules for Salem County purchases.
Related Calculation Tools
Calculate and track other financial and legal metrics for New Jersey:
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.