C5driver

California needs to take several things more seriously than the relative handful of exotics registering their vehicles out of state. Unfunded pension obligations north of $200B might be a good start, but hey...let's go after that guy with his Boxster and build a high speed rail from LA to SFO that doesn't really go to LA or SFO.

CAlexio

Somehow, a sports car with a an out of state plate screams tax dodger more than a jet sitting on tarmac which is a 100% write-off, or a boat serving as a business registered in Bahamas/Cayman. It's what is easy to the average person to get angry about which gets the attention.. where the real hidden money relaxes in secluded peace.

usctrojanGT3

Yeah, let's not kid ourselves where the tax revenues from that gas/registration tax is going...could it be those pesky underfunded pension obligations? Don't even get me started about that high speed rail to nowhere (exact into a money blackhole). Those jokers in Sactown can only go back to the well so often before the well runs dry.

KOTYKB

For the guys buying cars in California and registering them in Montana, have any of the dealers had an issue with this? I'm working on trying to secure an allocation for a 718 GT4 and some out of state dealers are fine with this but it seems the California dealers are a bit skeptical.

Drifting

KOTYKB

So you pay for it, pick it up, and the vehicle registration is on you. Which seems fair, that releases the dealer from any liability.

pitt911

some dealers are reluctant to do that in particular for GT cars . One reason is the fact that Porsche is trying to encourage dealers to sell to local customers. So, say you buy a car from a dealer in NY and register the car in Montana. In the eyes of Porsche , the dealer sold the car out of his region and so the dealer might not be awarded extra bonus allocations which Porsche hand to dealers occasionally.

pitt911

It does not matter if the dealer does the registration or you do . Most dealers use outside companies to register cars and many of the companies are national so they deal with dealers across multiple states

HelpMeHelpU

If planning to register in MT make sure the "buyer" is the MT LLC you will have established. Not sure of consequences if otherwise.

KOTYKB

Has anybody secured a loan through their Montana LLC? If so which bank or credit union? To register your car in Montana, it needs to be under your LLC and not your name. Thus when taking out an auto loan, it needs to be under your LLC. I'm not sure how difficult this will be to secure a loan under my LLC but I will soon find out.

carz80am

You'll be the personal guarantor, most llc loan's for cars, the managing member/president signs a personal guarantee, like your co-signing. The registration can be in the llc

TRAKCAR

usctrojanGT3

^ What he said.

dewilmoth

As much sense as this makes, I couldn't get USAA to let me do it, but maybe I didn't talk to the correct person.

redmonkey928

Or perhaps it's because states are not a huge proponent of this, and financial lenders are privy to that and don't do lending under those terms.