Mississippi charges sales tax (motor vehicle rate) of 5% statewide on vehicles, with no local add-on. A trade-in does reduce the taxable price, which is real money on the deal.
Type your own numbers and see the same car priced as cash and as a loan, with the taxes and state fees for Mississippi. Nothing you type leaves this page.
To see a lease, pick a vehicle. A lease is priced on one car: what it is expected to be worth at the end (its residual) and the leasing company's money factor change by model and by month.
An estimate on the numbers you type, not an offer of credit or a quote from any dealership. Starting loan rates are Rateous's rates for each credit range and term; they are not an offer from any lender. The documentary fee starts at an example figure, the state's legal cap where it has one or $599 where it does not, not any dealership's fee; each dealership sets its own. Taxes and state fees are estimates for Mississippi; the dealership's paperwork and your motor vehicle agency have the final numbers. Nothing you type is sent, saved, or used to check your credit.
Mississippi has no local sales tax on vehicles (a few cities have special tourism taxes that do not apply to vehicle sales).
Manufacturer rebates are included in the taxable gross proceeds (taxed before rebate).
The annual ad valorem tax, not the sales tax, is the large recurring cost for Mississippi owners.
On a $35,000 new car with a $37,000 sticker, registered in Jackson, no trade-in: the same figures the calculator above uses. The dealership's documentary fee is its own and is not included.
| Fee | Amount |
|---|---|
| Title fee | $9.00 |
| Registration (est., flat based) | $30.00 |
| In all | $39.00 |
Mississippi taxes a lease one payment at a time: the tax is added to each monthly payment, so you pay it as you go.
Pick your city for the exact combined rate where you register, plus what title and registration run there.
5%. Mississippi applies one rate statewide on vehicles, so it does not change from city to city.
Tax applies to the net difference when a motor vehicle is taken in trade (Miss. Code 27-65-17).
On a $35,000 new car with a $37,000 sticker, registered in Jackson: Title fee $9.00, Registration (est., flat based) $30.00, about $39.00 in all. State privilege tax on private passenger vehicles $15 per year plus small state/county fees (roughly $30 in fees), collected with the county ad valorem tax, which is the dominant cost. Fast Track title $39 optional.
Yes, at $425. Mississippi Motor Vehicle Commission Regulation 8.1: document/service fee may not exceed $425 and must carry the statutory notice.
Mississippi taxes a lease one payment at a time: the tax is added to each monthly payment, so you pay it as you go.