Taxes and Fees to Expect When Buying a Car

When you have been preparing and budgeting for a new car purchase at Woodhouse Nissan Bellevue, the last thing you want is unexpected surprises. That’s why it’s important to plan not just for the purchase price of your vehicle, but also the Nebraska vehicle sales tax and fees you will owe.

Nebraska Sales Tax

As with all purchases in the state of Nebraska, you’ll owe sales tax on your new vehicle.

The sales tax breakdown in Bellevue, NE, is as follows:

• Nebraska state sales tax: 5-percent
• Bellevue city sales tax: 5-percent
• TOTAL = around seven-percent sales tax on all vehicle purchases

To calculate sales tax, you take the total value of your vehicle and multiply it by .07. Then, you’ll add that amount to your vehicle’s value, giving you the total cost of your vehicle (plus fees).

Vehicle Registration Fee

This fee is the total cost that the state charges you to register your vehicle, making it legal to own and operate. Your registration fee covers the cost to register your vehicle, get a title, and get a license plate. You will have to continue to renew your registration yearly as long as you own your vehicle.

The cost of your registration fee is dependent on a number of factors such as your vehicle’s cost, its current value, its weight, its age, and more.

Documentation Fee

The documentation fee, also known as the doc fee, covers the cost of preparing your sales contract and filing it.

Destination Fee

This fee is added to cover the cost of preparing your vehicle for purchase.

Still have questions? The experts at our Nissan finance center in Bellevue, NE are happy to help. Don’t hesitate to contact us today with any questions you may have!