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Posting a reply to: RE: Buying a boat out of state?

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JHanson

Posted 7/13/2017 1:02 PM (#870029 - in reply to #869360)
Subject: RE: Buying a boat out of state?

Posts: 6

I am guessing you will be registering the boat in MN based on your post, VERY easy to do. You will need a Bill of Sale for each the boat and trailer, simple BoS(I did my last couple with a handwritten BoS.) Include the sellers name, your name, date sold, price, Hull ID or Serial Number and both of you sign it. You will only pay taxes on the trailer, not the boat. The amount you pay in tax on is based on the purchase price indicated on your Bill of Sale for the trailer. Make sure you indicate the price on EACH individually. If you bought a boat and trailer for $10,000 and you split it up as the boat being $9500 and the trailer was $500 you would pay about $35 in sales tax.

My brother had a boat shipped from Louisiana to MN recently. He used UShip and had a good experience with that. It was definitely the cheapest way to go.