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Montana LLC

Discussion in 'Model S: Ordering, Production, Delivery' started by sdorn, Oct 19, 2016.

  1. sdorn

    sdorn Director of Awesome

    Oct 9, 2016
    Has anyone used a Montana LLC to purchase or lease their Model S? I just learned about this from a friend, and wanted to see if anyone has done it before with a Tesla?

    Below is a website of a company that provides the service (forming and maintaining the LLC, registering the vehicle, etc.) for more information on what I am talking about.

    How to register an exotic car in Montana TAX FREE

    It looks like you could run into some real problems doing this (audits and insurance issues), but was wondering if anyone had any experience doing it.
  2. bonaire

    bonaire Active Member

    Aug 24, 2013
    That kind of thing is mostly used for RV ownership by travelling "full timers".
  3. bwanapete

    bwanapete New Member

    Aug 21, 2016
    Manlius, NY
    I'm a retired NY lawyer. I researched doing this, and would not do it for a car which is home-based in New York State.
  4. cpa

    cpa Active Member

    May 17, 2014
    Central Valley
    ^^^^ This. I am not a lawyer. But I know of residents in California who have gotten gobsmacked with delinquent DMV fees and penalties when CHP finds out their cars are not registered in California. CHP even has a toll-free number to call to report these people. My wife used to be in personal insurance, and she said that many companies refuse to insure autos if the owners live in one state but register their cars in another.

    This seems like a penny-wise, pound foolish undertaking.

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