HOW TO GET MY VEHICLE TITLE TRANSFERRED TO A MONTANA LLC IF YOU ALREADY HAVE A LOAN
Steve Ludwig Steve Ludwig
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 Published On Jun 17, 2023

A COMMON QUESTION ASKED IS HOW DO PEOPLE GET A MONTANA LLC IF YOU HAVE A LOAN? YOU CAN’T GET A MONTANA LLC WITH A LOAN, RIGHT?

SOME WILL SAY THAT IS NOT POSSIBLE BUT I HAVE FOUND THE IMPOSSIBLE TO BE POSSIBLE.

FIRST THINGS TO BE CONSIDERED. MONTANA DOESN’T HAVE SALES TAX, PERSONAL PROPERTY TAX OR INSPECTIONS WHICH IS WHY MANY HIGH-DOLLAR TICKET VEHICLE OWNERS CHOOSE TO REGISTER THERE.

HOWEVER, IF YOU HAVE ALREADY PAID YOUR SALES TAX, YOU WILL NOT GET REIMBURSED AND YOU WILL LOSE FUTURE CREDIBILITY TO TRANSFER YOUR PAID SALES TAX CREDIT ON YOUR NEXT VEHICLE IN STATES PERMITTED. SO, IF YOU’VE ALREADY PAID THE MONEY YOU WOULD HAVE SAVED BY PREVIOUSLY MAKING THIS MOVE, YOU MIGHT WANT TO WEIGH ALL YOUR OPTIONS BEFORE DOING SO.

IF YOU DECIDE TO GO THE MONTANA LLC ROUTE AND YOU HAVE A CURRENT VEHICLE LOAN, HERE IS WHAT YOU’LL NEED TO DO IN ORDER TO ESTABLISH A CHAIN OF OWNERSHIP FOR YOUR LLC.

* YOU WILL NEED TO CONTACT YOUR FINANCE COMPANY AND HAVE THEM AUTHORIZE YOU TO REGISTER YOUR VEHICLE IN THE STATE OF MONTANA.
* YOU WILL NEED A NEW MT BILL OF SALE SHOWING THAT YOUR MT LLC PURCHASED THE VEHICLE FROM YOUR PERSONAL NAME IN YOUR DOMICILE STATE
* YOU WILL NEED TO APPLY FOR A NEW TITLE IN MT
* THEN YOU WILL NEED TO GO THROUGH THE REGISTRATION PROCESS USING THE COMPANY’S NAME IN MONTANA.
* YOULL NEED TO GET INSURANCE OUT OF MONTANA WITH YOUR VEHICLE BEING INSURED AT WHATEVER STATE’S ADDRESS WHERE THE VEHICLE IS BEING GARAGED AT

IF YOU NEED HELP WITH YOUR INSURANCE NEEDS, PLEASE CONTACT MY TEAM - SELECT INSURANCE GROUP AT 855-GET-SELECT OR VISIT SELECTINSURANCETEAM.COM

IF YOU NEED HELP WITH A MONTANA LLC REGISTERED AGENT, I RECOMMEND GOING TO THE FOLLOWING WEBSITES:
DIRTLEGAL.COM
GETAMONTANALLC.COM
MTLLCSERVICES.COM
OR
MYMONTANALLC.COM

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