$45,000 Car Loan at 10%
What's the monthly payment on a $45,000 car with a 10 percent loan?
After down payment, the auto loan will be $36,000.
At 10% interest with a 48 month loan:
Monthly payment = $913
Total yearly payments = $10,957
Payments by Interest Rate
| Interest Rate |
Monthly |
| 10.00% |
$913 |
| 10.25% |
$917 |
| 10.50% |
$922 |
| 10.75% |
$926 |
| 10.90% |
$929 |
| 10.95% |
$930 |
| 10.99% |
$930 |
Payments by Amount Down
| Down |
Monthly |
| $0 |
$1,141 |
| $2,000 |
$1,091 |
| $5,000 |
$1,015 |
| $8,000 |
$938 |
| $10,000 |
$888 |
| $15,000 |
$761 |
Payments by Loan Length
| Length |
Monthly |
| 24 months |
$1,661 |
| 36 months |
$1,162 |
| 48 months |
$913 |
| 60 months |
$765 |
| 72 months |
$667 |
| 84 months |
$598 |
How to Get a Good Rate on Your Car Loan
When you buy a car, you actually have three separate things you need to negotiate with the dealer.
- The price of the car
- The price of the trade-in
- The loan
To confuse customers, dealers will try to wrap this all together into one monthly payment. Don't fall for it. First negotiate the car, then the trade-in, and finally the loan.
When you're ready to buy a car or truck, go to a couple of banks first. Get pre-qualified for a loan. If the dealer can give you a better rate, that's great. If not, go with the bank loan.
Gas Taxes by U.S. State
Note: These taxes are on top of the $0.184 federal tax.
| State |
Tax per Gallon |
| California | $0.629 |
| Pennsylvania | $0.576 |
| Washington | $0.494 |
| Illinois | $0.434 |
| Maryland | $0.427 |
| New Jersey | $0.414 |
| North Carolina | $0.408 |
| Ohio | $0.385 |
| Oregon | $0.380 |
| Utah | $0.364 |
| Florida | $0.352 |
| Rhode Island | $0.350 |
| Idaho | $0.330 |
| Indiana | $0.330 |
| Montana | $0.330 |
| Vermont | $0.330 |
| Wisconsin | $0.329 |
| West Virginia | $0.327 |
| Georgia | $0.312 |
| Iowa | $0.300 |
| Maine | $0.300 |
| South Dakota | $0.300 |
| Nebraska | $0.299 |
| South Carolina | $0.288 |
| Michigan | $0.286 |
| Minnesota | $0.286 |
| Alabama | $0.280 |
| Virginia | $0.280 |
| Tennessee | $0.274 |
| New York | $0.262 |
| Kentucky | $0.260 |
| Connecticut | $0.250 |
| Arkansas | $0.249 |
| Kansas | $0.240 |
| Massachusetts | $0.240 |
| Wyoming | $0.240 |
| Nevada | $0.238 |
| New Hampshire | $0.238 |
| Delaware | $0.230 |
| North Dakota | $0.230 |
| Missouri | $0.225 |
| Colorado | $0.220 |
| Louisiana | $0.201 |
| Texas | $0.200 |
| Arizona | $0.190 |
| Oklahoma | $0.190 |
| New Mexico | $0.189 |
| Mississippi | $0.184 |
| Hawaii | $0.160 |
| Alaska | $0.090 |