FET (tax) when buying a brand new truck

Discussion in 'Ask An Owner Operator' started by 66seven, May 24, 2024.

  1. 66seven

    66seven Bobtail Member

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    May 9, 2024
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    If anyone out there has bought a new truck, I’ve been wondering if the 12% FET tax is rolled into the loan or do you have to pay that with your down payment?
    Thanks!
     
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  3. Long FLD

    Long FLD Road Train Member

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    It’s figured into the total purchase price and rolled into the loan.
     
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  4. Hayfieldmn

    Hayfieldmn Light Load Member

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    Sep 10, 2016
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    Yup. Just added to purchase price, most dealerships advertise them including FET, but it's always good to ask.
     
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  5. 77fib77

    77fib77 Road Train Member

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    It depends. I had to put 12 k down on a newer used truck. I have 798 credit score. It depends what the seller/lender is willing to do.
     
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