Virginia Auto Loan Calculator
Estimate your monthly car payments in Virginia. Include Virginia sales tax on vehicles and registration fees in your calculation.
Why calculating finance in Virginia is different
Virginia has a progressive income tax system.
State Income Tax
2% - 5.75%
Base Sales Tax
5.3%
State Min Wage
$12.00 / hr
Abbreviation
VA
Virginia Finance Interactive Tool
This calculator uses the latest 2026 data for Virginia, including the minimum wage of $12.00 and the specific state income tax rates (2% - 5.75%).
Frequently Asked Questions about Virginia Finance
How is sales tax calculated on cars in Virginia?
When buying a car in Virginia, you must pay the 5.3% state sales tax plus any local taxes. In many states, this is calculated on the purchase price minus the value of your trade-in.
What are the average auto registration fees in Virginia?
Vehicle registration fees in Virginia vary by vehicle weight, age, and value. These fees are collected annually by the state DMV or equivalent agency.