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Vehicle registration with LLC

Asked by: steve - 5 May, 2012
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/default.png-f1597c1da25f30f8c1a941405e8391c8 Can I use an LLC and register my vehicles? How do I register vehicles this way?
Answered by: Robert Kowalski - 5 May, 2012
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/35.jpg-687fc92d5f6c5febcbdccb6895b08b8c Dear Steve,

You could register your vehicle to be owned by your LLC. You can learn the technical details by contacting your local DMV office.

Many asset protection specialists recommend to for a New Mexico LLC as the entity of choice to own personal vehicles. This is due to the fact that NM LLC is a very much anonymous entity (the state does not request names of members), and because there is no annual report filing at all, so your entity would never be administratively dissolved, because you forgot to file something.

With that being said you do have to maintain a registered agent in New Mexico for that company, which is a small fee of $99 if you use our service.

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