Quote:
Originally Posted by TiltonBB
The insurance is a significantly cheaper in New Hampshire. Also, there is no sales tax in New Hampshire. I did the math and there is a substantial savings, especially when purchasing a new car. In the last three years I have saved over $9,000 in sales tax alone.
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Agreed, although the cost differential varies significantly with the cost of the car. That said, you don’t need to inspect a car that is registered in FL, as they don’t require annual inspections down there. Obviously inspections aren’t a big expense, but the can be a pain in the neck when you arrive back in NH each year.
One option …. Buy a car in NH, so no sales tax. If you keep it in NH for a period of time (I think it is 6 months), you are exempt from sales tax when registering the car in FL. In FL, you can register for 2 years at a time, so no need to do anything for 2 more years.