Maine Auto Loan Calculator
Estimate your monthly car payments in Maine. Include Maine sales tax on vehicles and registration fees in your calculation.
Why calculating finance in Maine is different
Maine has a progressive income tax system.
State Income Tax
5.8% - 7.15%
Base Sales Tax
5.5%
State Min Wage
$14.15 / hr
Abbreviation
ME
Maine Finance Interactive Tool
This calculator uses the latest 2026 data for Maine, including the minimum wage of $14.15 and the specific state income tax rates (5.8% - 7.15%).
Frequently Asked Questions about Maine Finance
How is sales tax calculated on cars in Maine?
When buying a car in Maine, you must pay the 5.5% state sales tax plus any local taxes. In many states, this is calculated on the purchase price minus the value of your trade-in.
What are the average auto registration fees in Maine?
Vehicle registration fees in Maine vary by vehicle weight, age, and value. These fees are collected annually by the state DMV or equivalent agency.