The Best And Worst States To Own A Car | The Compost Bin | Forums

7/13/2011 http://www.forbes.co.....own-a-car/

(Oldish article but likely still accurate.)

If you bought a car in Alaska or Hawaii you’d probably expect it to cost more than if you bought it in, say, Michigan or Ohio, because of the extra freight costs involved. Gas prices are higher in those distant states, too, so you’d expect the car to cost more in the long run.

But why should it cost $9,000 more to own and operate a car in Connecticut than it does in New Hampshire, just 100 or so miles up the road?

The answer is because New Hampshire has no sales tax, and the cost of everything from insurance to fuel and maintenance is lower there. So a $29,000 car will end up costing $49,890 over five years if you live in Connecticut, but only $40,602, if you reside in New Hampshire.

Full List: The Best And Worst States To Own A Car

New Hampshire

There's no sales tax in New Hampshire, and insurance and other costs are fairly cheap, making New Hampshire the least expensive state to own a car. Average 5-year cost is $40,602.