Indiana boat registration $900???!!!

[dlandersson]

Okay, I managed to get the county sheriff together with my new (old) Mac 26X to verify the Boat Identification Number (BIN).

Took the papers down to the world-famous Indiana Bureau of Motor Vehicles. For a $10,000 1997 Mac 26X, the fee was $900.

Am I missing something, or does this seem a bit high?

[Matt19020]

Not from Indiana but would that include any type sales Tax? if not.... it sounds mighty high if it does it sounds about right...

[Russ]

I'm not familiar with your state, but here we have a "permanent registration" which is a one time fee for life. We don't need to renew every year. If I recall it was about $200 for our brand new Mac. So, I'd say yours is high.

[kmclemore]

Yikes.

Did that $900 include liquor and some dancing girls?

[Chinook]

Not sure how things are set up in Indiana, but in Washington State, sales tax is applied to purchases such as boats. It shows up on the dealer's receipt with a new boat purchase, but can come as a surprise if you buy a used boat from a private party. It gets picked up by the state when you go in to register the boat. The initial fee for registering a newly purchased used boat includes the sales tax (around 8.5% in Washington State), plus the boat registration fee. In subsequent years, you only pay the registration fee, which is substantially less than the sales tax amount.

[Divecoz]

Your Registration fee was $18..

Its all right here..http://www.dmv.org/in-indiana/boat-regi ... Procedures

[dennisneal]

$18.00 registration fee sounds about right, based upon the previous post.

I suspect that the rest of the money was collected for sales taxes and other fees.

You should have received an itemized accounting for all of the fees that you paid. If not, I would advise that you squawk.

[pokerrick1]

The sales tax you have now paid is probably tax deductable next year

Rick

[Ixneigh]

I had to pay a florida sales tax of 1600 dollars but the actual registration fee was under a hundred. Next year i will just have to pay the under a hundred part.
Florida has an interesting program whereby boats over 35 years old can be designated as antiques, and only pay a reg fee of a few dollars. I had that on my 33 foot 1959 tavana yawl that i replaced with my they even give you a special decal to put on your boat if you want.

[Highlander]

Yikes.

Did that $900 include liquor and some dancing girls?

Yeh & I hope she goes fishing Hooker line & sinker !! ?

Here You split the sale into three items" if your smart" low ball the boat & trl for sales tax purposes , even better get two receipts one really low balled & tell them its a fixer upper

J
PS if your gonna be doing Mods thens its a "fix-er upper"

[dlandersson]

yeah...actually $21 - guess I'll cut back on the number of submarine windscreens I was going to install.

Your Registration fee was $18..

Its all right here..http://www.dmv.org/in-indiana/boat-regi ... Procedures

[vizwhiz]

Actually, here in Florida, there is a sales tax applied to the boat based on purchase price, the trailer based on weight (thank God for the lightweight el-cheapo original Mac trailer!) and NO charge for the motor... Most people don't think about that and lump the whole purchase price of the boat, motor, accessories, and trailer all together on one bill-of-sale (or receipt) and that is the total that goes on the title, thus the total you pay sales tax on at the time of registration.
Once I found that out (before I bought the boat, thankfully) I itemized the bill-of-sale (required to make this work) and split up the boat ($XXXX) the motor ($YYYY) and the trailer ($ZZZ). I paid a total of just over $500 for the boat title/registration and the trailer registration/tag once it was all said-and-done.

$900 does not seem high if you paid for a $10,000 boat - that's what it would have cost me down here in FL.