Are vehicles priced differently based on region?
"I would like to buy an SUV, maybe the Chevy Tahoe. I live in Minnesota. Would I pay the same price for an SUV regardless of where I live, or is the same vehicle priced differently in different areas of the country?
“The manufacturer’s suggested retail price (MSRP) is the same for vehicles, regardless of where they’re shipped in the U.S. But you may still pay more money if you live in a certain state compared to another. This is primarily due to varying fees, registration costs, and most importantly, taxes.
In Minnesota the sales tax is 6.5%, so factor that into your budget. You’ll also have to pay $20 for a plate transfer fee, $14 for the title fee, and a $300 registration fee.
If you’re searching for a deal, you may want to do your car shopping in one of the states without sales tax, specifically Oregon, New Hampshire, Delaware, or Montana. You may have to go on a road trip, but it’s probably worth it to save the thousands of dollars you’d have to pay on Minnesota sales tax. “
Did this answer help you?
Ask us a question by email and we will respond within a few days.
Have a different question?
You can meet us at our office and discuss the details of your question.
Read advice from car experts at Jerry
Browse by topics
What others are asking
Why did the rate of my HO-3 homeowners insurance suddenly spike?
Why would the cost of my homeowner's policy suddenly increase when I haven't had any claims? I live in south Florida, and yes I know insurance here is expensive. But this renewal jumped by about $350! Why would this happen? I haven't changed anything.
Jul 27, 2021
Does a 100/300/100 liability insurance policy offer too much coverage?
I'm thinking of upping my liability limits, but I don't know if a 100/300/100 policy is too much. I currently have a net worth of $50,000 and I make $55,000 per year.
May 04, 2021
Why did my car insurance skyrocket after trading in my car?
I was leasing a 2019 Audi A3 and recently traded it in for the 2021 model. My premium has gone up $400. The dealership said it was because I didn't have full coverage on my previous vehicle, but I'm almost positive I did. I also recently moved from a suburban area to a city. Why did my rate change?
Apr 20, 2021