# Trading Cars **URL:** \ **Category:** NYSpeed Off Topic\ **Created:** [August 2, 2008, 4:31pm UTC](https://forums.speedlife.net/t/trading-cars/52568 "2008-08-02T16:31:35Z")\ **Posts on this page:** 8\ **Page:** 1
**Author:** ![TheKID](https://avatars.discourse-cdn.com/v4/letter/t/8491ac/32.png) [@TheKID](https://forums.speedlife.net/u/TheKID)\ **Post date:** [August 2, 2008, 4:31pm UTC](https://forums.speedlife.net/t/trading-cars/52568/1 "2008-08-02T16:31:35Z")
When you register a car that you traded for, should the bill of sale say a price value or say the car was traded for another car? I dont want to pay taxes on a car I didnt pay for but Ive never traded for a car before and im just making sure im doing this right. Any additional info helps too! Thanks ---
**Author:** ![RobtC](https://avatars.discourse-cdn.com/v4/letter/r/51bf81/32.png) [@RobtC](https://forums.speedlife.net/u/RobtC)\ **Post date:** [August 2, 2008, 5:00pm UTC](https://forums.speedlife.net/t/trading-cars/52568/2 "2008-08-02T17:00:45Z")
i’m pretty sure you can go to the dmv they’ll file it under a gift since it was a trade. so long as the cars have similar value. when i sold one of my talons, way back when, i actually traded it for a suv and i don’t think i paid taxes on it because it was a trade. ---
**Author:** ![TheKID](https://avatars.discourse-cdn.com/v4/letter/t/8491ac/32.png) [@TheKID](https://forums.speedlife.net/u/TheKID)\ **Post date:** [August 2, 2008, 5:02pm UTC](https://forums.speedlife.net/t/trading-cars/52568/3 "2008-08-02T17:02:39Z")
Thanks Bob ---
**Author:** ![Karter](https://avatars.discourse-cdn.com/v4/letter/k/e480ec/32.png) [@Karter](https://forums.speedlife.net/u/Karter)\ **Post date:** [August 2, 2008, 5:21pm UTC](https://forums.speedlife.net/t/trading-cars/52568/4 "2008-08-02T17:21:22Z")
if you dont put a price, you will pay tax on blue book. The dmv always gets thier cut. ---
**Author:** ![airhead](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/airhead/32/7471_2.png) [@airhead](https://forums.speedlife.net/u/airhead)\ **Post date:** [August 2, 2008, 5:46pm UTC](https://forums.speedlife.net/t/trading-cars/52568/5 "2008-08-02T17:46:47Z")
^thats what I heard too, unless it’s a family member. If it’s an older car, better to put a really low value on the receipt than pay taxes on the blue book. ---
**Author:** ![system](https://canada1.discourse-cdn.com/flex034/uploads/speedlife/original/2X/b/b7170c8eddc0b95ece6b88172b2f416a08489a45.png) [@system](https://forums.speedlife.net/u/system)\ **Post date:** [August 3, 2008, 6:25pm UTC](https://forums.speedlife.net/t/trading-cars/52568/6 "2008-08-03T18:25:39Z")
Yea, just write up a generic receipt like ‘95 ford(VIN) sold to theKID for $400’ and pay the tax on that. Easiest way to do it. ---
**Author:** ![Mr\_T](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/mr_t/32/7454_2.png) [@Mr\_T](https://forums.speedlife.net/u/Mr_T)\ **Post date:** [August 4, 2008, 11:41am UTC](https://forums.speedlife.net/t/trading-cars/52568/7 "2008-08-04T11:41:27Z")
> [@Just Karter](#): > > if you dont put a price, you will pay tax on blue book. > The dmv always gets thier cut. +2 just write out your receipts like you bought each others cars, trust me lol ive trade a few cars in my day haha. ---
**Author:** ![mechanicalmadness](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/mechanicalmadness/32/5022_2.png) [@mechanicalmadness](https://forums.speedlife.net/u/mechanicalmadness)\ **Post date:** [August 4, 2008, 1:48pm UTC](https://forums.speedlife.net/t/trading-cars/52568/8 "2008-08-04T13:48:46Z")
Ya but dont get too greedy. If they suspect something is up they can ding you with the BB value.