Cost of Owning a Car in Tennessee
How Tennessee's gas prices, electricity rates, sales tax and insurance costs affect what you'll typically pay to own a vehicle.
Tennessee at a glance
Gas price
$3per gallon, illustrative averageElectricity
$0.12per kWh, illustrative averageSales tax
7.00%plus ~$30 average registrationInsurance in Tennessee runs close to the national average in this model, reflected as a 1.00× multiplier on our base class rates.
5-year cost by vehicle class in Tennessee
Uses real market-average vehicle prices per class (from our 48-vehicle MarketCheck pull) combined with Tennessee-specific tax, fee, fuel and insurance data.
Sedan
$29,0945-year estimate, $485/moSUV / crossover
$41,7165-year estimate, $695/moTruck
$52,3555-year estimate, $873/moElectric
$38,8505-year estimate, $647/moLuxury
$63,6695-year estimate, $1,061/moYour actual cost depends on the specific vehicle — use the interactive calculator and select Tennessee for a number tailored to your car, or browse real vehicle estimates.