Anyone set up a Montana Loc to register their cars

What motorcycles do you have? You’ve been holding out!


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I agree with the principle of "paying our fair share" of federal / state / sales / property taxes but the implementation is the problem. Perhaps I'm jaded from watching Illinois politicians flush $$$ down the toilet, break promise after promise, steer $ from every revenue source to prop up an entirely outdated and unsustainable pension system, with graft and corruption at every level of state government.

So when IL wants to amend the state constitution to implement a progressive income tax with a top rate of 7-8% instead of 5%...or if they want to switch from a flat vehicle registration fee to a value based system like AZ, etc- I'm OK with that in theory but only a small % (if any) of the money goes to provide affordable housing, better schools, roads, infrastructure, medical care. It all goes to paying down debt and propping up pensions here.

If IL were to change to a value based auto registration fee (ie $10K+ for a F8)...I'd rather take the cash, go to Costco and buy a $10K of nonperishable food and clothing, go to my local homeless shelter and pass it all out to the needy with my kids. Or, I'd be happy to volunteer $10K worth of my time seeing patients at a free clinic. At least in both instances there is a direct, tangible, quantifiable, efficient ie 100% benefit to those in need. The state of IL has done ZERO in my 50 yrs here which would give me any confidence the money is going to be used wisely or efficiently. I wouldn't entrust Pritzker, Madigan, and Co with a single extra $ at this point and if there are legal alternatives to vehicle registration, etc, I'd do it in a heartbeat.

 

Police are using license plate readers in concert with DMV enforcement . I know of someone who had an exotic registered in Montana who was accosted by CA DMV enforcement officers at a Starbucks in crystal cove shopping mall in Orange County. The DMV people were going through the mall parking lots throughout the area looking for Montana plates .



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This goes for most states and certainly the federal government. Imagine if you could allocate where your tax dollars went. Many people feel that our tax dollars go to good causes but in reality much of our hard earned money is wasted on useless and antiquated programs. I would much rather keep more of my money and give to charities that directly help people in need.

 

I totally agree with you Kyle. I too live in the Tampa area. I payed my tax when I purchased my 458 yrs. ago, but once that was taken care of plate fees are more than reasonable unlike Co. which was the fee that keeps on goosing you! Looking for trouble by cheating. A ticket, an accident, an observant Police officers will not make the day very pleasant.

 

Very well said. I agree 100%

 

I dunno, maybe they just like the design of the montana plate better.

 

FL is actually very reasonable compared to some other states. You pay a sales tax and in fact get some credit on a trade in. Others like VA, you get none of that. Not only do you pay a comparable sales tax, registration fees, etc they ding you annually. On top of that radar detectors are illegal and driving 20 over is an automatic reckless. So my view in regards to states that are so over the top is F you. Be reasonable and reap the rewards, be greedy and get F'd. I don't have Montanna plates but totally get why someone would. I'm not judging them at all. Pigs get fat and hogs get slaughtered.

 

Agree 100%. I don’t run Montana plates but I see why people do in va. Absurdly expensive for cars that maybe see a few k miles a year.

 

The argument that using the vehicle should pay for the creation and maintenance of the roads is lame. The vast majority of $400k cars sit in the garage and are never driven. Pay your fair share by the vehicle weight and miles driven. That's what impacts roads. Which means trucks and those heavy EVs need to pay up.

 

The problem I see with your statement is why in the heck do $400k cars sit in garages and are never driven? That’s the real tragedy

 

Mostly folks don't want to lose value which kind of means they weren't really willing to trade the cash for the car in the first place. Next would be the opposite where you have a decent collection and not enough time to get to them all. Another would be a change in lifestyle like an injury, illness, or potential loss of income. But you knew the answer already!

 

Don’t shoot! But I admittedly checked into this & found one very large issue. By registering the car with an LLC you have signed up for commercial car insurance. I made a call to my long term insurance broker who immediately informed me of the fact that State Farm will not insure LLC vehicles. I don’t know if that’s true, but he claimed that he couldn’t do it. I got an insurance quote with USAA & Farmers….72% higher than if I insured it in my name. Tax savings lost! I was just doing research & on paper it made zero sense for me. I just wanted to share my personal experience that led me to pass on the Montana deal altogether.

Cheers


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And another thing; if you have a loan on the car you plan to register…once again, it makes no sense. You need to pay cash for the car to even begin to think about actually doing this.


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Even more painful then most of the examples here…I live south of Detroit, about 15min from the Ohio border. To register my 599 in Ohio would cost me ~$75 a year, Michigan has a value based registration, it costs me $1,500/yr.

I see both sides of the debate, while I can afford it, it is incredible painful as it doesn’t seem fair, which is probably what drives many to look for ways to avoid it…it’s just not fair.

Just thought I would share…its’ always a painful check to write come May every year!!!


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Is there a sales tax difference between the two states?


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This is not true. I own a car in an LLC and have State Farm insurance on it.

 

My Farmers LLC registered Ferrari is the same annual premium as my personal policy.

You are likely dealing with someone who doesn’t know what they’re doing.

You do not use a corporate policy with a Montana LLC car. You take out a personal policy no different than anywhere else, the insurance is in your name, but the car is simply registered in the LLC. Most insurance company monkeys processing your paperwork have no clue what they’re doing and just hear “LLC” and make you do a corporate policy. Not accurate at all.

Farmers is one of the few who allow you to take out a personal insurance policy on a Montana LLC car. You need to ask for a new rep or contact a Farmers insurance agent in Montana and have them explain to your local Farmers rep how to do it.


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Inaccurate.

 

Depends on the Ohio county, ranges from the same to +3%. (Don’t quote me on that, I just know the sales tax in cuyohoga v stark county is 8% vs 6.5%, as an example).


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Right. I’ve registered cars in dc under my company and pure and Chubb not care.

 

Actually State Farm is the only company that will insure LLC vehicles without any commercial rate increases. They don’t care where the LLC is set up. In fact most MT LLC’s get insurance through State Farm. Talk with State Farm agent directly, don’t use brokers.


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Farmers as well.


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USAA as well. I have four cars, two owned by LLC's, two personal. All insured at the same rate with USAA regardless of ownership and registration.