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Delaware Vehicle (RV) Registration


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I'm a big fan of assets being held by single-asset-entities. Whether it be a house, boat, car, plane, etc. I'm not sure that DE is the perfect choice, but is good to be looking at the options. Who know, might be the right choice for you!

 

TX isn't that bad a state to to own a vehicle in, but there are other options that may work better for your.

 

The big thing is to take some time and make an educated decision, based on what works for you not someone else!

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Steve, I would have to imagine that it starts to get a little IFY having a TX DL because that is where your legal domicile is. And then have a $$$$$$$$$$$ RV registered in another state. And 10-20k in sales tax, WOW WOW WOW is all I have to say. I would think you would spend a lot more then that with lawyers and accountants doing things in different states if Uncle Sam or a state comes after you.

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Delaware does have a tax on vehicle registration 3.75%, they go by the book value of the vehicle plus unless it is a brand new unit you need to renew every 2 years and go thru & pass the drive thru inspection. On large trucks from 1 tons to HDT the yearly rate is high as it goes by weight, my HDT tagged as a RV in De. is around $350 @ year 5th wheel close to $ 100 @ year so the savings might not be what you think.

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I was just thinking about the sales tax. If your total rig cost is say $200K, you'd be at $16,500 in tax either here in NY or in Texas. No one that has a boat titled in DE lives there. Many many incorporate there just for the tax break. TX registration would be about the same as DE from what I understand.

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