Quote:
Originally Posted by
AxelWolf
Yes, I know, thus the question. I was wondering if buying something that needs to be registered and licensed in another state, if they end up charging you the sales taxes you would have paid elsewhere, I know they charge you some type of extra fees, I just wasn't sure what they were.
I touched on this when we bought the Newell in Oregon but registered it at our S. Dakota home. We paid a 4% excise tax there, but if we were Oregon residents there'd be no tax. The big difference was with the registration cost. In Oregon, a $1.5mil rv costs around $30,000 to register the 1st year, decreasing slightly every subsequent year. While we paid a one time $60k tax at purchase, the yearly registration fee was just over $1000.
The out-of-state tax paperwork was what I was trying to explain about when some here claimed all kinds of nonsense over our having bought the Newell. The dealership (a used rv dealer--the 2011 was a year old) gave us a heap of paperwork with the purchase: warranty & exclusions, agreements, t's & c's for out-of-state buyers, and a whole host of other stuff. They also provided us with a short form generic sales agreement for use for out-of-state registrations. This is the one kew lied about being my signatures everywhere and others claimed wasn't real. On and on.
Anyone buying an RV: THOROUGHLY check and know all the regulations in the state or states you're dealing with, and incorporate plans on expected length of ownership and usage into your overall financial equation. And, contrary to what the vast majority of buyers do, never finance an RV.
