The only thing we have here in Tennessee is an "Antique" tag for vehicles 25 years old or older. I paid $25 for a PERMANENT (i.e., no annual renewal) registration for my 1983 R65LS, but can only ride on weekends and holidays, to club events or shows and to the shop for service. The bike must still be insured to at least meet the state's minimums for liability insurance. Seeing as how I don't propose to ride much anyhow this is fine for me. By comparison, my little base model 2000 S-10 pickup costs about $85 per year to license, I spend a ton for liability insurance and it is only used as a local "runabout".