Does your car down payment include taxes?

"I want to make a down payment on a vehicle. Does a car down payment include taxes?"

Answer
“Usually not. Your down payment doesn’t take into account any taxes. It’s merely a lump sum you pay towards the pre-tax value of the car.
That said, the dealer will add these taxes at closing. Most people simply roll them into the car loan; it’s an industry-standard practice.”
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Eric Schad
Answered on Jul 28, 2021
Eric Schad has been a freelance writer for nearly a decade, as well as an SEO specialist and editor for the past five years. Before getting behind the keyboard, he worked in the finance and music industries (the perfect combo). With a wide array of professional and personal experiences, he’s developed a knack for tone and branding across many different verticals. Away from the computer, Schad is a blues guitar shredder, crazed sports fan, and always down for a spontaneous trip anywhere around the globe.
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