2007-06-13 10:34:43 · 7 answers · asked by Lauren 2 in Cars & Transportation ➔ Buying & Selling
on the title where it says price of vehicle you can try to put 'gift" and see what they say, but what I always do is put down a lower price than I actually paid so I pay less taxes, that's a lot more believable to them and easier to get away with.
2007-06-13 10:40:14 · answer #1 · answered by Tim F 3 · 0⤊ 0⤋
You can get the seller to put down a much lower price than what it actually was on the receipt or bill of sale. This way the tax will be much less than it would have been on the full amount.
However, there is a problem if you should find a defect in the car during the first couple of days or so. Then the seller would legally only be required to refund the lowered amount that was on the receipt or bill of sale. Frankly, I don't it's worth it. Too risky.
2007-06-13 10:45:14 · answer #2 · answered by randy_plrm 4 · 1⤊ 0⤋
The liens could desire to gets a commission,the two you're taking on the money,or do no longer purchase the vehicle except you have a sparkling call.whilst i replaced into interior the impound business enterprise, we had to hold a vehicle for 30 days, and then have an agent who particularly expert interior the lien technique,deliver letters to all lien holders,additionally placed 2 commercials interior the paper, advising actually everyone that the vehicle could be bought,if no person got here forward to pay the fees,we auctioned the vehicle, or truck.The letters could desire to be registered, and each and all of the information could nicely be had from the DMV printout,make beneficial the serial numbers tournament the registration.
2016-10-07 11:09:13 · answer #3 · answered by lachermeier 4 · 0⤊ 0⤋
It does depend on the state, but most charge a "registration" or tax every year on each vehicle that is registered and licensed in that particular state. You will also have to pay a small fee to have the title of the automobile you are buying changed from the previous owner's name to yours. There is no real way around the whole mess, I truly wish there was. The gift idea sounds great, but regardless of the circumstance, the registration tax and licensing fees will still have to be paid.
2007-06-13 11:29:59 · answer #4 · answered by sfcjcl 5 · 0⤊ 0⤋
Depends on the state you live in, but most states don't charge tax on a used vehicle, as the tax was paid when the vehicle was originally purchased. The difference would be if you are bringing in a vehicle from out-of-state. Check your local DMV website.
2007-06-13 10:38:46 · answer #5 · answered by rex_rrracefab 6 · 0⤊ 2⤋
if the amount of the taxes are a deal breaker then I suggest that you buy a cheaper car ---------- being a dishonest person will not get you anywhere --- if the state catches up with you on the tax deal then is it worth the savings of $150.00 or something near that ..... lawyer and court costs are much more than the tax on the car..............BUT if you really are going to cheat the state then Please allow me to wish you good luck ......
2007-06-13 11:13:55 · answer #6 · answered by XTX 7 · 1⤊ 0⤋
In california you don't. They need to see the bill of sale to verify.
If the amount is too low, the will check the blue book value and it is up to you to prove that you really bought for less.
2007-06-13 10:42:57 · answer #7 · answered by Tim 7 · 0⤊ 0⤋