NJ
New Jersey Vehicle Cost Guide 2026
New Jersey charges a 6.625% state sales tax on vehicle purchases with no local add-ons, though there is a $20,000 sales tax cap for qualifying zero-emission vehicles. New Jersey’s Charge Up rebate has been among the more generous state programs, but funding and terms change and the federal EV tax credit ended September 30, 2025. Verify current eligibility with the NJ Board of Public Utilities. New Jersey is a no-fault insurance state with historically higher-than-average premiums. Inspections are required biennially.
State Sales Tax
6.63%
Vehicle purchases
Avg. Annual Insurance
$1,920
Full coverage
EV Tax Credit
Varies
State-level
Registration Fee
$34
Annual
DMV / Registration Fees
| Title Transfer | $60 |
| License Plate Fee | $34 |
| Registration (Base) | $34 |
Insurance Requirements
No-Fault State: Yes
Inspection Required: Yes
Minimum Coverage:
Bodily Injury: $15,000 per person / $30,000 per accident (PIP)
Property Damage: $5,000
Uninsured Motorist: $15,000/$30,000
Calculate Your Costs
Use our auto loan calculator with New Jersey tax rates to estimate your total vehicle costs.
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