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re: Does this justify buying a new car?.?

Posted on 2/19/13 at 5:56 am to
Posted by Will Cover
St. Louis, MO
Member since Mar 2007
38649 posts
Posted on 2/19/13 at 5:56 am to
quote:

All sales-tax states will do that, so you would still end up paying sales tax if you changed residence states too quickly. What is different among the states is how long you have to have the RV registered in the no-sales-tax state before the new state no longer asks you to pay their use tax. It might be six months for some states and it might be never for others.


Assuming this applies for cars and trucks, what is Louisiana's position on this? Also, if I go this route, since I have already purchased and paid for my two other vehicles, can I switch them to Montana and hopefully assume lower insurance premiums, if I set up a legal LLC in Montana?
Posted by BACONisMEATcandy
Member since Dec 2007
46644 posts
Posted on 2/19/13 at 7:54 am to
quote:

I switch them to Montana and hopefully assume lower insurance premiums, if I set up a legal LLC in Montana?


You pay for insurance for where the car is.... Not where it is registered. I have a very unique situation and this is what I do
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