Enter the total value of your vehicle into the calculator to determine the total amount of TAVT tax owed when purchasing a car.
- Car Depreciation Calculator (% per year)
- Car Affordability Calculator
- LTV Calculator (Loan to Value %)
The following formula is used to calculate the TAVT tax owed.
TAVT = V * .066
- Where TAVT is the title ad valorem tax
- V is the vehicle purchase price
TAVT stands for title ad valorem tax and is paid when transferring titles of a car.
The TAVT rate is 6.6% for in state residents and 3% for out of state residents.