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377: Montana LLCs & Million-Dollar Missteps with John Draneas

What's the real risk of registering your Ferrari or Bugatti under a Montana LLC? And how can you protect yourself when buying a multi-million-dollar classic with questionable provenance? In this episode of The Collector Car Podcast, Greg Stanley sits down with collector car attorney and Sports Car Market columnist John Draneas to unpack the legal land mines that come with tax loopholes, LLCs, and authenticity claims.

We cover:

Why so many collectors flock to Montana—and what state tax authorities are doing about it

Real-world examples of buyers losing millions on cars with faked histories

The…

The skinny

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