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Buying and Selling

Dealers Offering 'Buy a Car, Get an LLC' Deals: Scam or Secret?

Dealers Offering 'Buy a Car, Get an LLC' Deals: Scam or Secret?

Buying a vehicle that comes with a Montana LLC can offer significant tax advantages, but it's essential to understand the process and potential pitfalls. Here's a breakdown.

The Vermont Loophole has officially closed, but the game is unchanged

The Vermont Loophole has officially closed, but the game is unchanged

Don’t panic, car enthusiasts and drivers of the world. Dirt bikers, military vehicle enthusiasts, even RVers and van lifers can all celebrate Montana for the same beautiful freedoms Vermont once offered to the world. We hear there’s more space for all of us there, too.

Thinking about donating a car to charity? Here's how it works.

Thinking about donating a car to charity? Here's how it works.

Ever thought about donating a vehicle to charity?  Whether you want to support a particular charitable organization, or you want the ease of having someone come and pick up your old car or truck, a charitable donation might work for you (and your tax return).  I recently made a vehicle donation for the second time and learned things I wish I had known the first time!  The process also made me think of things to be careful of the next time I buy a used vehicle.

How to Buy a Car on Bring a Trailer | Dirt Legal

How to Buy a Car on Bring a Trailer | Dirt Legal

When you make your first bid, 5% of that amount will be held on your card with a minimum of $250. If you win the auction, it goes toward your fees. If you don’t win the auction, they release those funds back to you. As with any refund, it could take a few days before you see that money back.

What Does It Mean When a Car Is Advertised as Parts Only?

What Does It Mean When a Car Is Advertised as Parts Only?

If you see a car advertised as “parts only” it’s likely the seller doesn’t think it can be repaired. This is very different from a car with a junk title that cannot legally be driven ever again. Ask the seller to specify what they mean by “parts only.”

7 Steps to Import a Vehicle From Canada to the US by Yourself

7 Steps to Import a Vehicle From Canada to the US by Yourself

Canada’s motor vehicle safety standards closely resemble our Federal requirements. That’s why the NHTSA issues blanket eligibility covering many Canadian-certified vehicles bound for the U.S. market.

Selling a Vehicle With a Lien Is Not a Good Idea

Selling a Vehicle With a Lien Is Not a Good Idea

When your car has a lien, the lienholder has all the legal rights to your vehicle’s title. For all intents and purposes, that means the lienholder owns your car. That might be the bank, the IRS, or even a mechanic’s shop.