This a very nice trailer. I Bought it in 2003 and used it once for a trip of about 3500 miles with a " borrowed plate". The trailer was never actually registered, And the title is no where to be found. According to my state (RI), I can register it as a Home Made trailer and sell it with that registration as proof of ownership. This trailer new would cost around $3000.00, and although it is NOT new, it might as well be. Stored indoors for all this time, i believe it is a great value.