Indiana Auto Loan Calculator
Calculate your car payment in Indiana with 7% state sales tax. See monthly payment, total interest, and total cost.
How This Calculator Works
Calculation methodology and assumptions
Auto loan calculation for Indiana. Indiana's state sales tax of 7% is applied to the vehicle price minus trade-in value. Local taxes may add up to 0% more. Monthly payment uses standard amortization: P × [r(1+r)^n] / [(1+r)^n - 1].
Key State Information
Indiana auto buying facts: State sales tax 7%. Average car insurance in Indiana: $1,420/year. On a $35,000 vehicle, Indiana sales tax alone is $2,450.
Frequently Asked Questions
How much is sales tax on a car in Indiana?
Indiana's state sales tax rate is 7%. There is no additional local sales tax. On a $35,000 car, state sales tax is approximately $2,450.
What is the average car insurance cost in Indiana?
The average annual car insurance premium in Indiana is $1,420, or about $118/month. This is below the national average.