Coastguard Certified??? HELP
 

Does anyone know the advantages/disadvantages of buying a boat that is coast gaurd registered? Ohio title department is telling me that you have to pay taxes on them, but other states you don't. I am told that there is no title (per say) to change over. That makes me a little nervous. If anyone knows anything about this please let me know. I was ready to buy the boat, but now it starting to sound to complicated.

HELP!!!!!!!

Re: Coastguard Certified??? HELP
 

When it is registered with the Coast Guard, they will legally know who owns the boat. When I just sold my PP, the release of lein was sent to the CG from my bank. Here in California, you can get a bill for unsecured property tax for a boat (but not an RV :mad: ), if your boat is CG documented, California doesn't make you pay the tax. Different states have different laws

Re: Coastguard Certified??? HELP
 

Semper Fi,
Thank you for the info. Do banks frown on this when lending money? I am told that here in Ohio you have to pay sales tax anyway, so am I better off with a title. Is it hard to get a boat like this titled? I was told that I would have to get a letter of deletion from the Coastguard?????

Re: Coastguard Certified??? HELP
 

I really can't say. Contact the Coast Guard and see what they tell you. I only posted what I know to be true from experience, sorry I couldn't be more help.

Re: Coastguard Certified??? HELP
 

My understanding is a CG or "Documented" vessel has a documented title like a home. You have to go through a marine titling service. They trace back the title from owner to owner to manufacturer. That way the boat cannot be "sold" without the proper documentation. Also my understanding is a documented vessel must be at least 40 feet in length. If the rules have changed maybe someone can tell more.

Re: Coastguard Certified??? HELP
 

A lot of info here http://www.uscg.mil/hq/g-m/vdoc/nvdc.htm

Re: Coastguard Certified??? HELP
 

You will have to pay the tax to get the ohio state sticker. Just take the bill Of sale to the BMV & they will issue a title...No biggie..Except paying the Friggin Tax !!

Re: Coastguard Certified??? HELP
 

True, except a documented vehicle can be approx. 28' + (somewhere in that range) My last boat, a 33' Powerplay was documented with the CG

Re: Coastguard Certified??? HELP
 

30+... mines documented... oh yeah pay the tax or they will find u and make u pay a penalty... dont ask me how i know :eek:

Re: Coastguard Certified??? HELP
 

No, it's 28 or more. 29 Fountain was documented. Might even be 27......