Luxury Car Owners Use Montana LLCs to Sidestep Colorado Registration Costs
By: Marianne Goodland | Colorado Politics
Coloradans looking to avoid high vehicle registration fees have increasingly turned to what’s known as the “Montana loophole” — a strategy that surfaced recently at a luxury car event near the Cherry Creek Mall.
Here’s how it works.
A Colorado resident buys a high-end vehicle — anything from a large recreational vehicle to a supercar like a 2022 McLaren 765LT Spider, which was recently listed in Boulder for more than $1 million. The buyer then forms a limited liability company in Montana, a service some firms advertise for about $1,000, and registers the vehicle under that LLC.
The vehicle is still owned, maintained and driven in Colorado, meaning it uses state roads and services here. But because it’s registered to an o...