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Let’s be honest, buying a car is not cheap. That’s why many people are opting to buy a car from out of state. They might be wondering how to ship a car to another state. Believe it or not, but it’s cheaper to own a car in states like Florida or New Hampshire, compared to New York or California due to the fact that some states slap on additional sales taxes and other fees.
Before we let you in on the cheapest states to buy a car, you should know that there are certain advantages and disadvantages to buying a car out of state. Let’s delve into them to see if it’s the right decision for you.
There are several states that offer cheaper options for buying cars, so be sure not to limit yourself by only looking at one or two states. You have an entire country to search – don’t restrict your search to your home state.
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.
Expanding your search means that you can also compare more prices or find ways to save more money.
Pro Tip: Remember, you could save even more money by buying a car out of state from:
Private owners (avoid being scammed by a private seller!)
There is a misconception that salve or auction cars are all damaged beyond repair. That’s not always the case. Many auctions include vehicles that are in perfect condition after they had been repossessed, used in crimes, stolen, or put out of service by fleets. It’s a matter of doing due diligence and ensuring that you inspect the car properly. Even if you don’t intend on driving the car home, do try to at least do an in-person pre-purchase inspection.
Do however take into consideration the estimated sales tax.
As you can imagine, buying a car from out of state can also be a tad complicated. You have to understand the state requirements, and take into consideration the costs of bringing the car home.
Buying a car from out of state is also great if you can’t find the model you’re looking for locally. Perhaps you found a great deal online. Either way, there are many benefits to buying a car out of state, but it can become a nightmare if you don’t do your research prior to finalizing the purchase. Things to consider would include:
Now that you know what to look for, let’s talk about the actual task of finding your car. Shopping around will definitely benefit you in the end, so don’t rush into something.
Pro Tip: When you have a specific model in mind, consider where it is made.
For example –
Remember that buying a car is about more than just the sticker price. There are associated insurance and maintenance fees to take into consideration, too. Fees differ by state, but New Hampshire is one of the most affordable. Why?
Why New Hampshire is one of the cheapest states to buy a car:
North Carolina is one of the cheapest states to buy a car:
Why Missouri is one of the cheapest states to buy a car:
Why Virginia is one of the cheapest states to buy a car:
Why Ohio is one of the cheapest states to buy a car:
Why Wisconsin is one of the cheapest states to buy a car:
Overall, New Hampshire is the cheapest state to buy a car, since registration fees are low and sales tax non-existent.
Florida is the second cheapest state to buy a car, and the state has a wonderful inventory. In fact, cars cost around ten percent less than the average. Unfortunately, title and registration fees and tax are higher in Florida than in most other states.
As you can see, there are many considerations when it comes to buying a car out of state. Just be sure that you consider all the costs and that you inspect the car properly before signing on the dotted like.
Do you buy vehicles from out of state? What was the cheapest state to buy a car in your experience?