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State: Minnesota

Minnesota Auto Loan Calculator 2026

Calculate your car payment in Minnesota with 6.875% state sales tax included. Monthly payments shown for $25K–$75K vehicles using a 60-month loan at 7.05% APR.

$35K Car · 60mo · 20% Down

$602.80/mo

Total interest: $5762 over 60 months

Amount Financed

$30,406

Sales Tax (35K car)

$2406

State Tax Rate

6.875%

Loan APR

7.05%

Loan Term

60 months

Down Payment

20%

Minnesota Car Payment by Vehicle Price (60-month, 20% down)

Car Price	Sales Tax	Amt Financed	Monthly Pmt	Total Interest
$25,000	$1719	$21,719	$430.57	$4115
$35,000	$2406	$30,406	$602.80	$5762
$45,000	$3094	$39,094	$775.03	$7408
$55,000	$3781	$47,781	$947.25	$9054
$65,000	$4469	$56,469	$1119.48	$10700
$75,000	$5156	$65,156	$1291.71	$12346

Assumes 20% down payment, 0 trade-in, 7.05% APR (Federal Reserve avg 60-month), 6.875% Minnesota state sales tax. Local taxes not included.

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Frequently Asked Questions — Minnesota

What is the car sales tax in Minnesota?: Minnesota's state sales tax rate on vehicle purchases is 6.875%. On a $35,000 car, that's $2,406 in sales tax added to the purchase price before financing.
How much is a $35,000 car payment in Minnesota?: In Minnesota, a $35,000 car with 20% down ($7,000), 6.875% sales tax ($2406), and a 60-month loan at 7.05% APR results in a financed amount of $30,406 and a monthly payment of approximately $602.80. Total interest paid over 60 months: $5762.
Does Minnesota sales tax apply to vehicle purchases?: Yes. Minnesota applies a 6.875% state sales tax to vehicle purchases. The tax is typically calculated on the purchase price minus any manufacturer rebates (rules vary by state). Local county and city taxes may add additional percentage points on top of the state rate.
Should I buy a car in a neighboring no-tax state?: Buying a car in a no-sales-tax state (Alaska, Delaware, Montana, New Hampshire, Oregon) to avoid Minnesota's 6.875% tax may seem appealing, but most states require you to pay your home state's sales/use tax when you register the vehicle. Unless you establish residency there, you'll likely owe the 6.875% use tax when registering in Minnesota.

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Minnesota Auto Loan Calculator 2026

Calculate your car payment in Minnesota with 6.875% state sales tax included. Monthly payments shown for $25K–$75K vehicles using a 60-month loan at 7.05% APR.

$35K Car · 60mo · 20% Down

$602.80/mo

Total interest: $5762 over 60 months

Amount Financed

$30,406

Sales Tax (35K car)

$2406

State Tax Rate

6.875%

Loan APR

7.05%

Loan Term

60 months

Down Payment

20%

Minnesota Car Payment by Vehicle Price (60-month, 20% down)

Car Price	Sales Tax	Amt Financed	Monthly Pmt	Total Interest
$25,000	$1719	$21,719	$430.57	$4115
$35,000	$2406	$30,406	$602.80	$5762
$45,000	$3094	$39,094	$775.03	$7408
$55,000	$3781	$47,781	$947.25	$9054
$65,000	$4469	$56,469	$1119.48	$10700
$75,000	$5156	$65,156	$1291.71	$12346

Assumes 20% down payment, 0 trade-in, 7.05% APR (Federal Reserve avg 60-month), 6.875% Minnesota state sales tax. Local taxes not included.

Frequently Asked Questions — Minnesota

What is the car sales tax in Minnesota?

Minnesota's state sales tax rate on vehicle purchases is 6.875%. On a $35,000 car, that's $2,406 in sales tax added to the purchase price before financing.

How much is a $35,000 car payment in Minnesota?

In Minnesota, a $35,000 car with 20% down ($7,000), 6.875% sales tax ($2406), and a 60-month loan at 7.05% APR results in a financed amount of $30,406 and a monthly payment of approximately $602.80. Total interest paid over 60 months: $5762.

Does Minnesota sales tax apply to vehicle purchases?

Yes. Minnesota applies a 6.875% state sales tax to vehicle purchases. The tax is typically calculated on the purchase price minus any manufacturer rebates (rules vary by state). Local county and city taxes may add additional percentage points on top of the state rate.

Should I buy a car in a neighboring no-tax state?

Buying a car in a no-sales-tax state (Alaska, Delaware, Montana, New Hampshire, Oregon) to avoid Minnesota's 6.875% tax may seem appealing, but most states require you to pay your home state's sales/use tax when you register the vehicle. Unless you establish residency there, you'll likely owe the 6.875% use tax when registering in Minnesota.