What is car sales tax in Florida?

In Florida, the car sales tax is typically 6% of the purchase price, but this can vary depending on the county. Many counties in South Florida, such as Broward, Miami-Dade, and Palm Beach, have a total sales tax rate of 6% or 7%, with the additional 1% going to the county. This tax is usually paid by the buyer at the time of purchase. When buying a car in Florida, the sales tax is calculated based on the purchase price of the vehicle, minus any trade-in value. Often, lenders will factor the sales tax into the total amount financed, so it's essential to consider this when calculating the total cost of the vehicle. It's also important to note that some exemptions may apply, such as for certain types of vehicles or for buyers who are eligible for special tax exemptions. Typically, dealerships and brokers will handle the sales tax calculation and payment process as part of the car-buying transaction. To get a better understanding of how sales tax will affect your car purchase, consider contacting Elite Edge Auto Broker, who can help you navigate the process and find a vehicle that fits your budget. You can start by visiting their website and using the 60-second Pre-Qualify tool to get an idea of your financing options.

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