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      01-23-2012, 09:26 PM   #10
auggiem3
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Drives: e92 M3 / former e46 M3 owner
Join Date: Jan 2009
Location: Washington, DC

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Quote:
Originally Posted by Snig View Post
Avoid sales tax by going through an Auto Trust. The owner of the F40 in Va has his car titled in Montana. Another exotic owner has his car titled in Alaska. You will pay a fee, but will avoid taxes on a $70k sports car.
I've seen that guy at Cars and Coffee too - always wondered how much property tax a ferrari driver had to pay if my mid-60's M3 cost me almost $2k the first year and still being taxed at well over $1250 after 3 years.

So what is the deal with the Auto Trust - how do they work? Is it tax evasion in VA? Can it be your daily driver or does it have to be a collector car?