Re: Montana LLC
Reply #12 –
Yahoo Message Number: 109984
I formed one for this purpose. Found that in addition to the questionable legality of having a MT registered vehicle garaged in my State, the availability of financing was restricted (my bank wouldn't finance it unless my name was on the title, and MT will NOT allow your name to be on the title - just the LLC) and there was a question whether I could use my current auto policy to insure it, which meant the insurance would also be more expensive. In the end, I backed out of the plan, and went ahead and titled/registered it in my State (paying the requisite sales tax). So: check ALL the issues before you waste your time and money doing this.
Don Hutchins
'08 Allure 470, 40' tag w/ Cat C-9 and Cat tranny