Edmunds OTD California Formula:
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The Edmunds Out The Door (OTD) Price represents the total amount you'll pay to drive a vehicle off the lot in California, including the base price, taxes, and all fees.
The calculator uses the Edmunds OTD California formula:
Where:
Explanation: The equation calculates the true total cost of purchasing a vehicle in California, accounting for all mandatory charges.
Details: Knowing the OTD price helps buyers compare actual costs between dealerships and negotiate more effectively, as dealers may present pricing in different ways.
Tips: Enter the vehicle's base price, estimated California taxes (typically 7.25%-10.25% depending on county), and all additional fees. All values must be non-negative.
Q1: What's included in California fees?
A: Common fees include documentation fee ($80 max), registration, license, and possibly dealer-added options.
Q2: How is California sales tax calculated?
A: California has a base 7.25% sales tax plus local district taxes, typically totaling 7.25%-10.25%.
Q3: Are there any hidden costs?
A: Some dealers may add unnecessary fees - always ask for an itemized list of all charges.
Q4: Can I negotiate the OTD price?
A: Yes, while taxes are fixed, you can negotiate the vehicle price and some fees.
Q5: Does this include financing costs?
A: No, this calculator shows the purchase price only - financing interest would be additional.