Quote:
Originally Posted by ocbrz66
I never knew people were so passionate about paying DMV fees.
I think there is a misconception that I own the car. I do not. A LLC formed in Montana owns the car, they allow me to drive the car. My name is not on the title or the registration. The LLC is a resident of Montana and pays all applicable taxes and fees.
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I pay more in DMV taxes than most exotic car owners here in Atlanta.
It's basically robbery to
immediately fork over $20k in taxes to the state just to "register" an exotic here. The smarter exotic owners are doing the Montana thing because they don't even keep the cars longer than two years -- those cars simply don't depreciate much within that time frame.
There's a reason why majority of the Bugattis state-side are registered in Montana -- I don't blame them for wanting to save $150k.
