WOYM: Are Virginia’s vintage license plates an previous tax ploy? | story

For those who have Montana license plates on their Bugatti but have a mailing address 1,000 miles from Bozeman, Doug DeMuro explained how dodge works in a 2013 blog post on The Truth About Cars website.

First, he made a reservation on his explanation of a plethora of expensive Montana license plate rides, predicting that his views will “alienate wealthy exotic car owners and Montana attorney readership, but may gain a following among the county’s tax commissioners “.

Montana has no sales tax. DeMuro casually postulated that this is a tacit admission that the state has all the money it needs, “which may explain why they drove without speed limits for several years: they couldn’t afford the signs.”

Do you remember the Bugatti? Make a note of the release date as the reporter uses a Veyron model and Georgia tax number as an example. The manufacturer’s suggested retail price for a Veyron is a modest $ 1.7 million, taxed at Georgia’s tax rate of 7%, which equates to a bill of $ 119,000.

If the car were owned in Montana, there would be no sales tax, so the cost of getting the car on the road is limited to a few dollars for license and related fees. All in all, big savings from what the entire transaction would cost in the less-than-peach-colored state for tax purposes on the other side of the country.

The question for the chic out-of-state car owner and tax hater is how to put Montana tags on a car so that it won’t be driven anywhere near the buffalo. DeMuro says it’s easy so let’s assume it still is.