Cheapest States to Buy a Car in the US

Car prices vary from State to State in the US, depending on several factors such as taxes, registration fees, dealer fees, and more and the costs can vary with states. Sometimes the difference is substantial. Buying a car is a big risk even when bought from trusted sources. Nobody wants to invest a huge amount in pre-owned vehicles. Thus, shoppers are always looking for discounts and deals whenever they can. The same is the case with Used cars for sale.

Since car valuation factors include the location of the car, you are quite likely to find the same model at a lower sales price in a different state than the price your local car dealer is asking. A new report from the used-car classified website Mojo Motors, Inc., ranked all 50 states when it comes to fees associated with buying used cars and it can be quite insightful for folks looking to buy a Used car.

Check out the Top 5 Cheapest State to Buy a Car in the US:

5. Ohio

Cars for sale by owners and dealers in Ohio were subject to higher sales tax than other states in the country. However, the sales tax might be mitigated by insurance payments, which are among the lowest in the country. Ohioans also pay less for gas and car maintenance than many other drivers.

Only purchasers in Hawaii and New Hampshire spend less on average for new automobiles than Ohioans, according to data from consumer research site Edmunds.com and credit rating agency TransUnion. According to Edmunds, Ohio has the 11th lowest loan interest rates in the US, making it slightly more affordable to buy a car here than in Texas, Oklahoma, or Hawaii. Low-interest rates also make it easier for low-income customers to purchase used cars here.

 Check out our blog:  Top 10 Websites to Buy and Sell Used Car 

4. Oregon

The state of Oregon boasts the lowest car-purchase costs in the country. This is a crucial element to consider when buying a new car because expenses may quickly build-up, from documentation fees to DMV fees to anything a dealership may charge.

The first expenses associated with purchasing a car in Oregon are limited to a maximum of $150 at a dealership. Car buyers in Alaska and New Hampshire, meanwhile, do not have to worry about hefty fees, as those states' maximum fees are under $360.

Oregon's 0% vehicle sales tax makes it an excellent place to buy a car, but non-residents will have to register their automobiles and pay the applicable taxes in their home state.

3. North Carolina

North Carolina had a 4.75 percent statewide sales tax as of 2021 on new and used car sales. This is up from 3% only a few years ago. However, it is still far lower than several other states of comparable size. North Carolina is also a good place to buy a new car and insure it.

Also, the cost of the title and registration is relatively low which brings down the cost of buying a used car here substantially. 

Insurance is cost-effective and the expenditures of maintenance and upkeep are very reasonable.

2. New Hampshire

New Hampshire boasts some of the lowest fees in the country for car sales. The first one-time charge associated with the purchase of a car was only $25 as of 2016. The average annual cost of owning a car in New Hampshire is $2,691, which includes auto insurance and gas.

When you buy a car, there is no sales tax, so you save a lot of money up front. Alaska, Montana, Delaware, and Oregon are also included. Unexpected fees there average $360, which is still very low compared to many other states making it the second-best state to buy a used car.

1. Florida

If you're looking for a used car for sale, Florida boasts some of the most affordable possibilities. The city of Miami is known for having some of the most affordable autos in the state of Florida. This is largely due to the city's substantial elderly population, which sells its cars at a higher rate than in other cities. As a result, there are more commonly utilized options available at more inexpensive costs.

If you're seeking the cheapest start-up costs, Florida is the place to be. Florida's rates are approximately 10% lower than the national average, according to Autolist, so you can save a lot of money when shopping in the Sunshine State.

The low beginning expenses in Florida are attributed to a number of variables. For starters, Florida has a sizable elderly population. As people drive less, they begin to sell their cars, providing you with additional opportunities to locate a fantastic offer. The senior population in this town is also fairly wealthy, and wealthier people sell automobiles more frequently thus making this state the best state to buy a used car in the US.

Irrespective of which state you live in, Buying a used car is a lengthy and tricky process when it comes to finding the best place to buy a car or getting the best deals.

It can take hours of frustrating searching, but not on 1search.co/cars

We narrow down your search by finding a list of Top results for your Used and New car search from All Top Used car selling websites. Get a list of the best deals to choose from without putting in time and energy. Head to 1search.co/cars to buying a used car at the best price from All Top Car selling websites.

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