abovethe_clouds OP t1_j4vnhcc wrote on January 18, 2023 at 4:09 PM

Reply to comment by hotchips97 in Excise tax insanity at the DMV... More than the cost of the vehicle! by abovethe_clouds

That’s a good suggestion, but VT also uses the NADA Value. I’ll look for an exception, but haven’t found one yet.

hotchips97 t1_j4vp4yd wrote on January 18, 2023 at 4:20 PM

Interesting, just looked it up. Looks like Vermont charges tax regardless of age of the vehicle on the NADA value unless you can get an exception. I would try and explore the MD/VA route using a friends address or something. 2,600 is a lot to pay in tax for an old unrestored truck. In VA antique tags will cost you like $50 and they have lifetime validity (no yearly registration or inspections)

In VA the minimum tax you pay when you get your title in $75

Edit: The truck is 50 years old, I feel the govt has already got it’s fair share of taxes out of it

18_USC_1001 t1_j4wq71i wrote on January 18, 2023 at 8:06 PM

What about Montana?

abovethe_clouds OP t1_j4wsxyr wrote on January 18, 2023 at 8:23 PM

Montana requires, as I understand, you to set up an LLC, and the cheapest service appears to be around $850. South Dakota appears to offer a similar option for around $500. Vermont allows for a dealer to appraise the car, but that requires bringing it to Vermont. At the end of the day, I want to register in DC, and pay the tax to the city I live in, but not if it's the crazy figure I've been given.