What Taxes Do I Pay When I Buy A Car Instant

Florida imposes a statewide tax on the purchase price, while your county of residence adds a local "discretionary" tax. : 6% on the total purchase price.

If you take out a car loan in Florida, you must pay a tax on the written obligation to pay money. Documentary Stamp Tax - Florida Department of Revenue what taxes do i pay when i buy a car

When you buy a car in Florida in 2026, you will primarily pay , county surtax , and potentially documentary stamp tax if you finance the vehicle. 1. Sales and Local Surtaxes Florida imposes a statewide tax on the purchase

: If you trade in a vehicle, you only pay sales tax on the difference between the new car's price and your trade-in's value. 2. Documentary Stamp Tax (Financing Only) you will primarily pay