Q:

What is a tax, title and license calculator?

A:

Quick Answer

A tax, title and license calculator is an online tool that helps car buyers calculate the taxes, title fee and registration fee due on a newly purchased vehicle. Adding the result to the vehicle purchase price determines the total cost of the transaction.

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Full Answer

The factors that determine tax, title and license fees include the price of the vehicle, its weight and the automobile tax rate in the relevant state. Other influential factors include the county of registration and the desired category of license plate.

Many states offer free tax, title and license calculators, while others only publish calculation tables. The information required to obtain accurate results from a calculator includes the vehicle's make and model, its identification number and the date of purchase.

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