Despite being one great nation, the rates at which cars are being sold in different states varies greatly. This is mainly due to the variance in terms of state and local sales taxes, dealer documentation fees and the registration fees. Before buying a car, you should carry out some research that will enable you to understand the hidden fees that may cause the price of the car to escalate. So what are the best states for car buying? Take a look:
- NEW YORK — What makes car buying in New York exceptional is the fact that the region is densely populated (has over 19 million residents). And, though many New Yorkers use the subway or the ferry, there’s still a large number that drives regularly. So despite having a high demand for cars, the supply is also as high. New vehicles make their way to the New York ports on daily basis and aside from that, there are loads of dealerships around. Thus, fierce competition forces dealerships to lower their prices and offer deep discounts.
- OHIO — Ohio is one of the states in America whose car prices are far below the national average. However, most of these cars fall under the category of used cars. Ohio cities that have been stated to be the best to buy a used car include Cleveland, Akron, Toledo and Dayton. The most logical reason for this is Ohio is a very car-reliant state with a reasonably high population (over 11 million people). Even though used cars are the most common, the rates of buying a new car in Ohio is also quite affordable.
- FLORIDA — Following the economic meltdown that affected Florida residents, many of them were forced to give up some of their luxuries. This included selling their cars. That’s why buying a used car in Florida is so cheap. Buying a new car in the state is also no different as most dealerships in Florida go as far as selling their cars for as high as 10 percent less than the suggested manufacturer’s retail price.
- CONNECTICUT — Connecticut is yet another state where buying a car is very affordable. At the moment, used cars in Connecticut sell at 3.8 percent less than the national average. Also, the prices of new cars are quite low especially in the city of Stamford. This city is located very close to the New York metropolitan area and has to compete aggressively with NYC dealerships with the intention of attracting both local and neighboring car buyers.
Though buying a car in these states is less expensive, you should put into account the fact that cars ought to be registered in the state where one lives and not where it was purchased. As such, the dealership in which you buy the car may end up charging you more when registering an out of state car.
