When it comes to buying used cars, the sticker price isn’t the only factor to consider. If you are shopping for used cars in Brunswick, OH, the Brunswick Auto Mart team can help you understand all the fees and taxes you can expect to pay.
Expected Purchasing Fees
At purchase, you should anticipate paying standard fees and taxes, including purchase taxes. Fees might be determined by your financial institution for securing a car loan or equity. In addition, any dealer insurance and GAP coverage will also be added to your vehicle as a fee. If applicable, we’ll also include administration and maintenance fees to ensure quality service and upkeep on your car before it leaves the lot.
Ohio State and Local Vehicle Taxes
The most noteworthy vehicle tax you should anticipate is the Ohio state sales tax. As of June 2023, this tax is 5.75% of the purchase price.
You’ll also have to pay a local county sales tax when purchasing a vehicle. Brunswick, OH, is located in Medina County, which currently has a 1% local vehicle tax.
One way to lower the sales tax amount is to trade in your current vehicle. When you trade in a car, its value is subtracted from your new car’s price, and sales tax is calculated after this deduction. This could lower your sales tax by a significant amount, depending on the value of your trade-in.
Shop for Used Cars in Brunswick, OH at Brunswick Auto Mart
Regardless of fees and taxes, shopping for used cars doesn’t have to be painful. Shop for used cars in Brunswick, OH at Brunswick Auto Mart today, or contact our finance team to discuss used vehicle financing options!
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Pre-Owned Inventory