Others acquirea mailbox address or property at whichthey can claim Montana residency. We run BAT shipping, so we see where people are moving all the cars around. European Union Sets Scary Precedent for Autonomous Cars. Of course, there is a difference between the supercar driving Silicon Valley technopreneur with a Lambo or Ferrari and a retirement-aged couple who wishes to spend their savings on a high-end luxury car or, as we mentioned before, a high-end RV. Notification icon ), I like paved roads and functional infrastructure, tweeted Ritholz. Businesses authorized by the DMV to handle certain registration services, often with much shorter wait times (if any!). I don't get it, want to live in CA, then obey the laws of CA. Montana has no sales or use tax and no vehicle inspections. It's a strategy that you can agree with or not.. Six of Montana's 56 counties do not collect a local option vehicle tax: Big Horn, Deer Lodge, Flathead, Granite, Phillips and Richland. . Better yet, there are businesses in Montana solely dedicated to helping people avoid a sales tax on exotic cars and expensive recreational vehicles. 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Now, the question is: Should you do this? The reasons why Montana vehicle registrations are so popular expand to businesspeople. 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. Why So Many Supercars Have Montana License Plates - BNN 95121, 2459 Alvin Ave, The only question left is, what will you do? State of California Department of Motor Vehicles. And, yeah, there's meaningful movement.". There are a couple problems which might crop up if you give it a try. Although, of course, they benefit from it in more staggering monetary amounts. Most McLaren P1 owners probably did not earn enough money to buy a McLaren P1 by paying $10,000 per inch of anything. Heres Why So Many Exotic Cars Have Montana License Plates, By using Part of MOTORSPORT NETWORK. A friend of mine, a resident from Oregon driving a Porsche with Oregon plates was pulled over by the CHP. Four of the 100 Pagani Huayras ever made were registered in Montana. To start, it's important to explain the biggest reason why so many exotic cars have Montana license plates: Montana has no sales tax. I always feel better having my cars registered in California., Why so many supercars in California have, Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on Reddit (Opens in new window), Why so many supercars in California have Montana license plates, Janitors say theyre understaffed, overworked at Irvine Co.-owned properties, Yellen says US could hit debt ceiling as soon as June 1, The cost of high-speed rail in California might surprise you, First Republic Banks jumbo mortgages brought on failure, Where did Rivians electric truck come from? The vehicle code is clear that these individuals should have their cars licensed in California, which needs all the tax revenue it can get. Especially if you are using a Montana LLC? CA Ultimately, it comes down to each car ownerspersonal appetite for risk, becausesuch loopholes tend to beclosed eventually. It is such a well-known tax dodge, even my own accountant has suggested I use it to shield my vehicle from California taxes, says Jeff Wright, an LA-based car enthusiast whoowns a ranch in Montana. Youre considering another purchase, and you want o make it tax-free as well. The DMV is unable to guarantee the accuracy of any translation provided by Google Translate and is therefore not liable for any inaccurate information or changes in the formatting of the pages resulting from the use of the translation application tool. San Jose, All told, light vehicle registrations contributeroughly 4% of total revenue collections for the state, according to the primer. The driver has a current, valid license from the state in which he/she resides, and; The license is valid for the type of vehicle the person is driving in California (such as a car, truck, motorcycle, etc.). Any discrepancies or differences created in the translation are not binding and have no legal effect for compliance or enforcement purposes. In the end, I dont recommend anyone doing this. This is a one-time fee, and there are separate additional fees based on the vehicle's weight. Its comical., Randy Nonnenberg, the founder of BAT, is more circumspect, although hes quick to say he has nopersonal vehicles bearingMontana plates. So, an industry has sprung up to assist people from other states who want to take advantage of Montanas laws while living elsewhere.
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