Alright, ummm, someone is trying to give me a car… i guess it would constitute a ‘gift’ ?
We have no idea how too sign this title over, im clueless.
flame me or whatever but if anyone can help thatd be awesome
have them sign the back and then you sign then write out the receipt for like 100$ or so so you dont get hammered with tax at the dmv
sign as seller & buyer.
Bill of sale for $100
Have them give you a gift of $8.75.
-or-
pay gift tax to NYS later.
theres nothing on this title about the price or anything, what do i bring too the DMV? this title with section 1 done and whatelse
Bill of sale for $100
If you are registering, then proof of insurance.
whats that supposed too be? like how do i come up with that?
a receipt put a low amount on it so you dont pay as much tax
i can just write this on like notebook paper?
yes.
I, Nice Person, sold 1987 Dodge Omni to Dave Macjtc 1/16/08 for $100.
Signed: Nice Person
Signed: GhettoDax
dude…how do you know my name…
http://www.nydmv.state.ny.us/forms.htm#dtf802
Statement of Transaction {Sales Tax Form} Sale or Gift of Motor Vehicle, ATV, Vessel (Boat) or Snowmobile
DTF-802 Use this form to certify sale price for sales tax calculation when vehicle, vessel, etc. is transferred in a casual sale or as a gift.
do i have too use that form? my haus has no printer
i think only if the owner if family
edit: either way, youre better off just registering as a 100 car
He’s my brother.
theres no tax if you buy from a family member either