# Multi Vehicle, Out of State, Cash Added Trade **URL:** \ **Category:** NYSpeed Automotive\ **Created:** [April 28, 2010, 9:24pm UTC](https://forums.speedlife.net/t/multi-vehicle-out-of-state-cash-added-trade/154191 "2010-04-28T21:24:17Z")\ **Posts on this page:** 10\ **Page:** 1
**Author:** ![MOBOOST4U](https://avatars.discourse-cdn.com/v4/letter/m/f4b2a3/32.png) [@MOBOOST4U](https://forums.speedlife.net/u/MOBOOST4U)\ **Post date:** [April 28, 2010, 9:24pm UTC](https://forums.speedlife.net/t/multi-vehicle-out-of-state-cash-added-trade/154191/1 "2010-04-28T21:24:17Z")
I know this “general” question has been asked but not in this flavor before, so hopefully an Einstein will be able to point me in the right direction here or itl get locked before I can find what I need. I already searched the site and the webz to no avail. **Heres the situation** **Me** : Lives in New York State Will be trading NYS titled car X **Him** : Lives in North Carolina Will be trading NC titled cars Y, Z Will be adding $X,XXX It probably doesn’t help me that the exchange will go down in Philadelphia (Half way), and that NC titles are required to have a notary signature however… **What I am asking is** How do I make this transaction work the best financially (tax purposes) and paperwork-wise, so I dont get boned over come time to take it up with NYSDMV? I feel as if im forgetting some important details, please let me know if so. Thanks in advance! ---
**Author:** ![Onyx\_Z32](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/onyx_z32/32/7581_2.png) [@Onyx\_Z32](https://forums.speedlife.net/u/Onyx_Z32)\ **Post date:** [April 29, 2010, 5:57am UTC](https://forums.speedlife.net/t/multi-vehicle-out-of-state-cash-added-trade/154191/2 "2010-04-29T05:57:59Z")
Your OP is a bit confusing. So you’re trading 1 car for 2 of his cars plus cash? ---
**Author:** ![MOBOOST4U](https://avatars.discourse-cdn.com/v4/letter/m/f4b2a3/32.png) [@MOBOOST4U](https://forums.speedlife.net/u/MOBOOST4U)\ **Post date:** [April 29, 2010, 7:48am UTC](https://forums.speedlife.net/t/multi-vehicle-out-of-state-cash-added-trade/154191/3 "2010-04-29T07:48:11Z")
Yes exactly! ---
**Author:** ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)\ **Post date:** [April 29, 2010, 8:07am UTC](https://forums.speedlife.net/t/multi-vehicle-out-of-state-cash-added-trade/154191/4 "2010-04-29T08:07:32Z")
Oof. Good luck with that and the oh so helpful people at the DMV. ---
**Author:** ![Justin](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/justin/32/7459_2.png) [@Justin](https://forums.speedlife.net/u/Justin)\ **Post date:** [April 29, 2010, 9:50am UTC](https://forums.speedlife.net/t/multi-vehicle-out-of-state-cash-added-trade/154191/5 "2010-04-29T09:50:53Z")
He only needs to notorize his signature. He can sign the titles and have them notorized before he meets with you. Other than that it should be business as usual. ---
**Author:** ![boardjnky4](https://avatars.discourse-cdn.com/v4/letter/b/96bed5/32.png) [@boardjnky4](https://forums.speedlife.net/u/boardjnky4)\ **Post date:** [April 29, 2010, 9:52am UTC](https://forums.speedlife.net/t/multi-vehicle-out-of-state-cash-added-trade/154191/6 "2010-04-29T09:52:17Z")
I live in NC. Almost positive both parties must be present. ---
**Author:** ![MaximaSE98](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/maximase98/32/7600_2.png) [@MaximaSE98](https://forums.speedlife.net/u/MaximaSE98)\ **Post date:** [April 29, 2010, 9:59am UTC](https://forums.speedlife.net/t/multi-vehicle-out-of-state-cash-added-trade/154191/7 "2010-04-29T09:59:58Z")
my fiances dad just did this…the title in NC need to be signed by the owner and a notary…and u can take it from there ---
**Author:** ![MOBOOST4U](https://avatars.discourse-cdn.com/v4/letter/m/f4b2a3/32.png) [@MOBOOST4U](https://forums.speedlife.net/u/MOBOOST4U)\ **Post date:** [April 29, 2010, 10:15am UTC](https://forums.speedlife.net/t/multi-vehicle-out-of-state-cash-added-trade/154191/8 "2010-04-29T10:15:49Z")
Ok thanks for the notary info, this actually makes that aspect easier but what I want to know is how should I go about recording the sale? Is there a NYSDMV form for trading vehicles? If so is there any crazy added tax on it or do they just tax you on the current value of the vehicle??? I havent done this in a while. How should the actual transaction read in our best interest. Can I sell my car to him for $1000 and have him sell each of his to me for $1? ---
**Author:** ![jimmyfloyd](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jimmyfloyd/32/3077_2.png) [@jimmyfloyd](https://forums.speedlife.net/u/jimmyfloyd)\ **Post date:** [April 29, 2010, 11:09am UTC](https://forums.speedlife.net/t/multi-vehicle-out-of-state-cash-added-trade/154191/9 "2010-04-29T11:09:51Z")
have you looked at the DMV forms on the website yet? All of them are there. There is one on the normal transaction one for traded items. ---
**Author:** ![MOBOOST4U](https://avatars.discourse-cdn.com/v4/letter/m/f4b2a3/32.png) [@MOBOOST4U](https://forums.speedlife.net/u/MOBOOST4U)\ **Post date:** [April 30, 2010, 6:20pm UTC](https://forums.speedlife.net/t/multi-vehicle-out-of-state-cash-added-trade/154191/10 "2010-04-30T18:20:08Z")
Nope but im gonna look at that. Thanks!