Depending on which option residents choose, they have to pay the following fees: Non-residents/temporary residents of Montana will also be issued license plates for their vehicles. You can register directly from the County Treasurers Office. Create an account to follow your favorite communities and start taking part in conversations. For example, the plates on a truck or truck tractor first registered in Montana on April 15, 2006, will expire on March 30, 2007, with the renewal grace period extending until April 30, 2007. Requirements The registration must be done through the County Duplicate plate (same number and type of plate): $15.45. Montana has no sales tax. New bumper-pull travel trailers are well into $50,000. Send us the title work for your car or pickup (or have There are states (i.e., California) that have an anonymous way to report your neighbor if they see that you have an expensive vehicle. Montana Highway Patrol Salary and Retention Fee $10.30, $10 Montana Highway Patrol Salary and Retention Fee, county tax, $9 optional state parks support, certain special plate fees and, for light trucks, the gross vehicle weight (GVW) fees, $5 insurance verification fee if existing plates are kept on the vehicle, $10.30 Montana Highway Patrol Salary and Retention Fee, $5.15 insurance verification fee if existing plates are kept on the vehicle when permanently registered. Montana has no sales or use tax and no vehicle inspections. While the precise sales tax rate varies between states, the national average is around 6%. Value as determined by the NADA guide and corresponding bond. Thats a whole truck! I think this could work but there are mixed messages on the DMV website about whether a State ID or Driver's license is required. Seems I can do everything by mail from a company like Americasmailbox. The titling and the registration of a vehicle take place simultaneously. As you would know from reading any of my columns on insurance, I am not exactly a huge fan of how most insurance companies operate. Montana Llc Company For Cars. Terms Of Service. Registration Rate, 61-3-321(2)(d), MCA based on the age of the vehicle, determined by subtracting the model year of the vehicle from the calendar year for which the registration fee is Non-residents are those who do not live in Montana but want to register here. Lets see what we can find out about that question! 1. He teaches a popular bi-weekly webinar, Tax Tuesday, where business owners and investors can ask any tax question and get answers LIVE on-air. The same four percent tax on a $300,000 motorhome rings up to a stout $12,000. Pickup campers are an exceptionthey must be titled, but are not registered. You will be instructed by your agent on how to attach the sticker to your vehicle properly. These include: national guard, reserve armed forces, amateur radio, and some organization specialty plates, with these exceptions by paying a one-time contribution, light vehicles 11 years and older that are eligible for permanent registration, and trailers that must be permanently registered, may have sponsored plates. By going this route instead of buying it as an out-of-state resident, they avoid hefty sales taxes. One dealer told me he's done this before and there's a special form for Overseas Military/Dependents or Principally Garaging in NC. Thats not the point. John McCoy is a lifelong car and truck enthusiast and has a strong mechanical background off the road. Its wild to think about, but there are plenty of cars that easily MSRP over half a million dollars, and if you are in a state that collects, say, seven percent in sales tax, you are looking at a staggering tax bill of $35,000 or more. You can schedule online or by calling 888.871.8535. Online Registration Renewal. You will run afoul of California law regarding residency and vehicle registration, and the "Montana loophole" of creating an LLC there for registration purposes has been clamped down on. I havent done this myself but I have met a shit load of people when traveling (and staying at RV Parks who do). In the worst-case scenario, the state can impound your car, and you can face prison time for a maximum of 90 days. The bad news is that you shouldnt act upon any of the information without consulting a qualified professional attorney who will, probably, bill you by the hour. Imagine youve bought a 2022 Corvette Stingray for $70,000 in Florida, where the sales tax rate is 6%. Requirements for registration vary in Montana based on whether residents are permanent or temporary. If you decide to go however, you can stay one night, and have your ID and plates in hand. Toby teaches extensively throughout the US to groups of investors and professionals, with many of his courses certified for continuing education credit for legal, accounting, and real estate professionals. For information about reinstating registration after a second or subsequent conviction for no insurance, see the Driver License Sanctions page. This includes RVs that can spend a majority of time on the road and parked at out-of-state campgrounds. There is no sales tax in Montana, but there are two fees that all potential out-of-state registers should be aware of: the luxury vehicle fee and the motorhome fee. I use option 3. Keeping that in mind, the additional costs of registration fees can range from $40 to $200. The Montana Plate Tax Loophole superspeedersRob 807K subscribers Join Subscribe 4.7K 214K views 5 years ago Its easy to get angry and rich people who look like they aren't paying All you need to do is sign up with your email and boom: credit for your preorder on a new Samsung device. We aren't so concerned about those costs when you consider that renting an RV for this duration would be around 40k. You will need to register your car with Montana Motor Vehicle Division (Vehicle Registration Bureau). they can rightfully deny a claim in most states if it is shown that the underlying policy was obtained through fraud, even if the underlying fraud has nothing to do with your claim. Submit your completed vehicle registration packet. Technically, the practice is legal. The debate about registering a car in Montana can seem like a lot of fuss overa piece of metal. Theres a couple of reason why you shouldnt do this: The IRS knows about this scheme and will say, Nice try, but no.. If you purchase a vehicle from someone and no record of the title can be found, you may apply for a bonded title in accordance with 61-3-208, MCA. Overall, vehicles cannot be legally driven in the state without being registered with the department. Seems there's many companies that provide these service (would love recommendations from people who have used one). Others acquirea mailbox address or property at whichthey can claim Montana residency. Recreational vehicles, also known as RVs, can be quite expensive. 3 min read. The only downside is that you have to put an ugly Montana plate on your vehicle. So, I'd appreciate advice on which makes the most sense for us from a legal standpoint. Montana Limited Liability Companies. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo. However, Montana isn't currently cracking down on shell corporations set up for the sole purpose of purchasing vehicles in the state because state law doesn't require someone to specify the LLC business purpose when they register the LLC. A Montana LLC vehicle registration is an option some out-of-state residents choose in order to purchase a vehicle without having to pay sales tax on it. Steve Lehto has been practicing law for 23 years, almost exclusively in consumer protection and Michigan lemon law. So lets run the numbers according to these: The $150,000 light luxury car sales tax at 7.12 percent will cost $10,680. Depending on the circles you travel in, Id be willing to bet that you probably see many Montana plates if you frequent RV parks or car meets. Montana license plates and Montana vehicle registration are not just for the super-rich, although they do benefit significantly. You want to register your car or truck in Montana to save some dough on sales tax. Please renew your license plates during the month shown on your license plates at the county treasurers office in the county you reside in. https://www.reddit.com/r/vandwellers/wiki/index. According to AARP, the national average state and local sales tax comes in at 7.12 percent. And as we touched on before, Montanas lack of inspections and emissions testing are strong reasons. Search for how to register my car in Montana and youll see a dozen sites offering services to help clients form LLCs. Under Montana law, the owner DID NOT owe any sales tax to the state. Where 10 years agothe sight of a Ford GT sporting a blue Montana plate would be rare, adriveto the popular Friday morning car gatherings at Newcombs Ranch outsideLA reveals that even relativelypedestrian 911s carryMontana plates. New residents of Montana have 60 days to register their vehicle with the County Treasurers Office. This is because, with less than half the population of the borough of Queens, N.Y., it has no populated areasfederally classified as having non-attainment status tomeetthe Clean Air Act'sregulations. It would be preferable to have a business connection in Montana if you want this to make sense. You neednt even set foot in the state. That is a pretty lousy deal assuming you still like the car or truck and want to keep it but arent interested in pouring money into fixing emissions equipment, much of which may still be operating but not well enough to pass the test. There are a few key reasons why Montana plates keep popping up, and it is not your imagination. The vehicle must display the license plate or decal from both its home state and from Montana. You can be fined up to $500. There are, in fact, other states that do not require a sales tax. You would then buy the vehicle in the name of that LLC. Check out our Montana Vehicle Registration Service to see how our team can do the hard work for you, or read the articles below to learn more about the process. In the end, I dont recommend anyone doing this. Usually, vehicle plates are issued for 5 years, after which they must be replaced. To register, you must visit the County Treasurers Office with the documents mentioned in the Requirements section. This is particularly important when buying a newer used vehicle. I found myself in Salt Lake City and saw the same thing. You will need to understand and comply with use tax laws in the states where the vehicles are located. After your LLC has been formed, your agent will provide you with all the required documents to start the registration process. Not surprisingly, other states don't appreciate this tactic because they depend heavily on vehicle registration fees and tax revenue. Montana residents do not have to pay the sales tax on their vehicles. Of course we'll pay some ridiculous price for insurancebut we'll still save money in the end compared to renting. Thats weird. But after seeing more of them, I said, I know whats going on here. The people who have Montana license plates are like the people who put the fake handicap badges in their car, says Paul Zuckerman, an attorney in Los Angeles and avid car collector. But I am the first to point out that 1.) Montana Liens. Security Interest Filing Fees $8.24 for a security interest on all motor vehicles, including boats, trailers and snowmobiles. Its diamond blue metallic painta hue so subtle that at some angles, it looked lavenderand throaty 3.3-liter flat-six engine were enough to bring $141,000 and more than 120 comments on its listing. Many see it as asmart move. They depend on that money to fund the following: Someone who resides in a state that has a sales tax is legally prohibited to avoid paying sales or use tax on goods that will be used, consumed, or stored in his or her home state. And you are merely driving your company car. Even though the company is a sham set up for the sole purpose of evading taxes. Owners of a light vehicle 11 years old or older can permanently register their vehicle. Special mobile vehicles are registered, but not titled. Depreciation Multiplier for Calculating County Option Tax. UpCounsel accepts only the top 5 percent of lawyers to its site. Your vehicles registration certificate is absolutely essential. This is a phone call I get too often . But did you know that you cant get an LLC in Montana with a financed vehicle? We run BAT shipping, so we see where people are moving all the cars around. The practice of registering a collectible car there, regardless of where itislocated in reality, is done in orderto avoid paying taxes and shirkemissions standards. Do you plan on insuring your vehicle? Our goal is to broaden your understanding of this process and whether or not it is right for you. The court has requested the legislatures attention to this law. Can anyone legally register their car in Montana? This saves them A LOT of money on the initial purchase of a vehicle, be it a car, a motorbike, a boat, or even an RV. You may also receive a registration sticker on the spot. As I have noted in the past, the solution is to get the law changed. A strong reference would be the case of Thomas v. Bridges, 2013-C-1855 (Sup. Montana sapphire gravel commission for a client! Do a quick Google search and see the various people who ended up being audited trying to defend this scheme. Montana residents moving to another county may continue to use their current plates until their annual registration renewal is due. It can only work with LLCs formed in Montana because Montana is the only state which imposes no sales tax on the purchase of vehicles by its residents, including resident LLCs. Catch more great investing & business tips on our YouTube channel, Build your customized strategy with a complimentary Strategy Session today, How to Start a Business Entity in Pennsylvania, How to Start Stock Investing Through Infinity Investing Part 3. This does not create an attorney-client relationship and is not meant to constitute legal advice, so the good news is were not billing you by the hour for reading this. Overall, vehicles can not be legally driven in the name of that LLC ended being... Resident, they avoid hefty sales taxes Thomas v. Bridges, 2013-C-1855 ( Sup are located to your! And from Montana those costs when you consider that renting an RV this... 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