The question of where is the cheapest place to buy a new car is becoming increasingly important in the United States, with gas prices exceeding $4 a gallon. The answer is Florida, where you can find the best prices. However, if you want a compact car with great fuel economy, you’ll have to pay a good deal more for it as a used car. A hybrid model, like the Toyota RAV4 Hybrid, will usually cost you over $5,298 more.
If you’re buying a new car, you’ll likely want to shop in states with lower sales tax rates. States like Oregon, Delaware, and Maine don’t collect statewide sales tax, which can make a new car price more affordable. However, you’ll have to take other fees and taxes into consideration as well before purchasing your car. In other words, if you’re planning to purchase a used car, you might want to look outside your state.
As you can see, the best state for buying a car depends on your personal needs and preferences. New Hampshire, for example, offers some of the best prices in the country, with average auto insurance premiums of $1,083, a whopping 24.1% lower than the national average. Additionally, New Hampshire is a low-cost state to own a car, with registration and tag fees of around $25, or less than the national average.