For those looking at buying used boats, here is something to consider. Unfortunately, I didn't learn this till after the purchase. I bought my boat from a guy in NH. In order to register it, you need proof of sales tax. Obviously, I based it on what I paid for the boat motor and trailer. Wrong. The tax is based upon the price of the boat not the boat motor and trailer. If I ever do this again, I will have the seller print up 3 separate bills of sale.
Charlie
For those looking at buying used boats, here is something to consider. Unfortunately, I didn't learn this till after the purchase. I bought my boat from a guy in NH. In order to register it, you need proof of sales tax. Obviously, I based it on what I paid for the boat motor and trailer. Wrong. The tax is based upon the price of the boat not the boat motor and trailer. If I ever do this again, I will have the seller print up 3 separate bills of sale.
Charlie
For those looking at buying used boats, here is something to consider. Unfortunately, I didn't learn this till after the purchase. I bought my boat from a guy in NH. In order to register it, you need proof of sales tax. Obviously, I based it on what I paid for the boat motor and trailer. Wrong. The tax is based upon the price of the boat not the boat motor and trailer. If I ever do this again, I will have the seller print up 3 separate bills of sale.
Charlie
You realize that it doesn't matter right? You need proof of sales tax to register the trailer too. So you can pay it all at once, or separate, but you still are paying the same.