1. What is Out The Door Price?

The Out The Door (OTD) price is the total amount you'll pay to drive the vehicle off the lot. It includes the negotiated price plus taxes, title, registration fees, and any additional dealer fees.

2. How Does the Calculator Work?

The calculator uses the following formula:

Where:

• \( Vehicle\ Price \) — Negotiated price of the vehicle
• \( Taxes \) — Sales tax based on your local tax rate
• \( Fees \) — Additional fees (registration, documentation, etc.)
• \( Trade-In \) — Value of your trade-in vehicle
• \( Down\ Payment \) — Cash amount paid upfront

Explanation: The calculator accounts for all costs associated with purchasing a vehicle to give you the true total cost.

3. Importance of OTD Price

Details: Knowing the OTD price helps you budget accurately and compare offers from different dealerships on an equal basis.

4. Using the Calculator

Tips: Enter the negotiated vehicle price, your local tax rate, any additional fees, and your trade-in/down payment values if applicable.

5. Frequently Asked Questions (FAQ)

Q1: What fees are typically included?
A: Common fees include documentation fees, registration/title fees, dealer preparation fees, and destination charges.

Q2: How is tax calculated?
A: Tax is usually calculated on the purchase price minus any trade-in value, at your local sales tax rate.

Q3: Should I negotiate OTD price or vehicle price?
A: Negotiate the OTD price to ensure you're comparing total costs, not just the vehicle price.

Q4: Are all fees negotiable?
A: While some fees are fixed (like government fees), many dealer fees can be negotiated or waived.

Q5: Does this include financing costs?
A: No, this calculates the cash price. Financing costs would be additional.