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ItFliesItDies
LSU Fan
NO MAN's LAND
Member since Apr 2011
1224 posts

Legal stuff buying a boat (Private Seller)

Anyone can help with advice on buying a boat from a private seller, as far as documents to have, paying taxes afterwards, etc. Thanks in advance
This post was edited on 1/14 at 1:07 pm


cgrand
New Orleans Pelicans Fan
HAMMOND
Member since Oct 2009
29878 posts

do a signed and notarized bill of sale, one for the boat and one for the trailer
get the boat’s MSO
get the trailer title
exchange funds
register the boat
register and tag the trailer and pay sales taxes
hit the water
This post was edited on 1/14 at 1:57 pm


TigerATO
LSU Fan
Member since Dec 2013
186 posts

Have him write the bill of sale for the trailer for like $100. You only pay taxes on the trailer sale. Also apply for a lifetime license plate for the trailer, cost more upfront but you won't have to worry about keeping up with frequent registration fees.


ItFliesItDies
LSU Fan
NO MAN's LAND
Member since Apr 2011
1224 posts

So you don't pay taxes on the boat sale?


MTG325
LSU Fan
Shreveport, LA.
Member since Oct 2011
304 posts

Not if it’s from in state. I think if you buy from another state, then there is tax.


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armsdealer
LSU Fan
Member since Feb 2016
4093 posts

quote:

do a signed and notarized bill of sale, one for the boat and one for the trailer


My motor is titled separate from my boat so he might want to check on that. It is dumb, the state titled my boat correctly as a 2021 but put my motor as a 2020... It was manufactured in 2020 but going on a 2021 boat you think they would keep them all 2021.


cgrand
New Orleans Pelicans Fan
HAMMOND
Member since Oct 2009
29878 posts

In LA only the trailer is titled
No boat title and no engine title


bigbuckdj
LSU Fan
Member since Sep 2011
1273 posts

The mso will allow you to title the motor. If you want to. Though it’s not required in Louisiana.


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bayouvette
LSU Fan
Raceland
Member since Oct 2005
3248 posts

quote:

In LA only the trailer is titled
No boat title and no engine title




Not true. You can and should title them all. Especially new boats if you plan to trade in or sell


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20
weisertiger
LSU Fan
Lake Charles, LA
Member since Sep 2007
2427 posts

quote:

In LA only the trailer is titled No boat title and no engine title


This is very wrong. I work for a dealership and since 2008 or so boats, motors, and trailers are all titled separately in the state of Louisiana


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cgrand
New Orleans Pelicans Fan
HAMMOND
Member since Oct 2009
29878 posts

so it’s optional?
I’ve never had a boat or engine title and I own 4 of each at the moment.
I have titles and tags on my trailers but just MSOs on the boats and nothing on the outboards and haven’t had any issue buying or selling

all the boats are registered


Twenty 49
LSU Fan
Shreveport
Member since Jun 2014
15584 posts

WPBTiger
USA Fan
Parts Unknown
Member since Nov 2011
25004 posts

quote:

do a signed and notarized bill of sale, one for the boat and one for the trailer
get the boat’s MSO
get the trailer title
exchange funds
register the boat
register and tag the trailer and pay sales taxes
hit the water


quote:

Have him write the bill of sale for the trailer for like $100. You only pay taxes on the trailer sale. Also apply for a lifetime license plate for the trailer, cost more upfront but you won't have to worry about keeping up with frequent registration fees.


This^^^

I would add, pay the few extra bucks and go to one of those Title/License Plate companies. Let them handle getting it registered, etc.


cgrand
New Orleans Pelicans Fan
HAMMOND
Member since Oct 2009
29878 posts

quote:

You must title a boat or outboard motor (25 horsepower or more) that is financed or currently titled in another state when you’re registering it in Louisiana, a homemade boat, or a boat that has an incorrect hull identification number.

so, if not financed and/or not titled in another state, then no title needed


John_V
LSU Fan
New Roads
Member since Oct 2018
673 posts
 Online 

quote:

pay the few extra bucks and go to one of those Title/License Plate companies. Let them handle getting it registered, etc.


Would those places be able to get the trailer, boat, and outboard titled all in one visit? How much is the cost?


AlxTgr
LSU Fan
Kyre Banorg
Member since Oct 2003
74306 posts

Yes, I did everything on a used boat/motor/trailer at a private place.


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bayouvette
LSU Fan
Raceland
Member since Oct 2005
3248 posts

quote:


so, if not financed and/or not titled in another state, then no title needed




I wouldn't even buy a boat that doesn't have a title. Ldwf don't mess around with titles. Zero work around.


jmkidder
LSU Fan
lafayette
Member since Sep 2005
423 posts

Maybe a long time ago, I have 3 separate tittles. Boat, trailer, and outboard.


Saskwatch
Ole Miss Fan
Member since Feb 2016
12013 posts

You would think there'd be a guide out there for this. Why so complicated?


bigbuckdj
LSU Fan
Member since Sep 2011
1273 posts

This just isn’t true about the titles guys. The only requirement is a boat registration, trailer title and registration, and a MSO for the motor. I think the MSO for the motor is only there for titling the motor if you want to or selling it out of state, I don’t think it’s legally required by anything here. You may get titles for all three if you finance one, or buy one new at a dealership but I’d bet most people riding around only have a title for the trailer.


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