View Single Post
  #3   Report Post  
posted to rec.boats.cruising
Sir Thomas of Cannondale Sir Thomas of Cannondale is offline
external usenet poster
 
First recorded activity by BoatBanter: Aug 2007
Posts: 160
Default Buying a boat without sales tax?

Delaware Corp.


"ray lunder" wrote in message
news
Ahoy, I live in Washington state and am thinking about my first "real"
boat- a blue water cruiser in the $30k-$120k. When I buy a car I pay
something like 8% or if it's a gift or a damaged vehicle or you phoney
up the bill of sale you still pay some arbitrary made up blue book
value the state institutes and which is not insignificant. On a $100k
boat this is $8000. Something tells me rich people don't pay this. So
what's the scam? Foreign registry or forming your own corporation or
what? Sorry to be so clueless. Thanks for your time.