Car Budget Calculator for Tennessee
Find the perfect car budget for your income in Tennessee. Our calculator considers local market conditions and costs to help you make an informed decision.
Average Car Prices in Tennessee
New Cars
$33,000-$47,000
Popular models like SUVs and trucks (e.g., Ford F-150) can be slightly more expensive due to high demand.
Used Cars
$15,000-$25,000
Prices depend on vehicle age, mileage, condition, and whether bought from a private party or dealership.
Car Sales Tax and Fees in Tennessee
Sales Tax Rate: 7.00%
Additional Fees:
- Title: $11
- Registration: $26.50 for standard passenger vehicles
- Road and Bridge Fee: None
Insurance Costs in Tennessee
Full Coverage: $1,300-$1,600/year
Liability Coverage: $475-$700/year
Regional Impact: Higher rates can be expected in urban areas like Nashville due to increased traffic density.
Special Considerations for Tennessee Buyers
Climate: Hot summers require efficient vehicle AC systems, while winter frost may affect roads.
Popular Vehicles: Trucks and SUVs are popular and tend to hold their value well.
Driving Conditions: Mix of urban driving in cities like Nashville and Knoxville, and rural driving in more mountainous eastern regions.