alt Hacker News> probably some for property tax on inventory though
Most dealerships in the last three decades have not owned their own inventory for a long time. Trade-ins are held by dealerships in a manner very different than just "owning" them outright. These are all financed, leveraged deals.
> If you have a sham dealership that primarily exists so you can have dealer plates and to massage transactions on your personal vehicles, you can probably avoid a lot of taxes
I would imagine you have not worked at a dealership or don't own one, so let's not continue this discussion further because you are severely underestimating what it costs in California (both in time and money) to be a dealer.
> I'm happier where I landed, but if people want to live in California and use out of state plates, that's less people where I am, so go nuts
It's actually great to talk to a transplant because most of my relatives and friends have moved to other states, whereas I've stood steadfast.
Are you happy where you are? What made you be in California? Did you grow up here? Was it for work?
Would you come back if California was split into two, where one part of California was closer politically or regulatory to Texas or Florida?
> I would imagine you have not worked at a dealership or don't own one, so let's not continue this discussion further because you are severely underestimating what it costs in California (both in time and money) to be a dealer.
Fair, but I can't imagine it takes that much time if you don't actually do any transactions or hold any inventory, except for the transactions around the cars you want to drive. I don't know what it costs to be a licensed car dealer that doesn't actually do any transactions, but for a lot of people, it's not really about the money, it's about exploiting loopholes so you can pay something else instead of sales tax on your fancy car.
I was born in Southern California. I went to Milwaukee for college, then came back and got a job in sillycon valley. I'm not going back (except to visit), it's too crowded and I don't like people. Especially in places with weather I like. For roughly twice the price of my small house on a postage stamp lot, I'm on 8 acres with a house that's too big... I did well in the startup lottery, but I can't afford to go to an open house for 8 acres anywhere in California that I'd choose to live.
Caveat: ifn my kiddo establishes himself in California and has kids and would like us closer, we'd probably consider it. He's in high school right now, so that's some time from now. We will want to downsize to a smaller house by then (although probably still don't want to be close to neighbors)