Pre-tax purchase price

$3,150

Owner-ops: 10–20% typical

Prime 7–9% · Median 9–12% · Subprime 14%+

Deducted from financed amount

Drives Federal Excise Tax (FET)

Skip if straight truck under 33k GVWR or trailer under 26k GVWR.

Off — used vehicles are exempt

$0

Often 0% for interstate commercial use

Some states cap (CA $85, NY $75)

State title + lien fee

Lowers monthly; paid as lump at term