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#1 |
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Join Date: Aug 2004
Location: Converse, Texas
Posts: 2,212
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My dad is giving me a vehicle he has the title to and which is registered in another state. Should he give it to me as a gift or should I buy it for say $1? Will the only cost of registering it be the $11.50 county fee (for Bexar) and the registration fee of $40.80 (passenger car 1999 and older)?
Thanks in advance for any advice! |
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#2 |
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I wasn't born with enough middle fingers.
Join Date: Aug 2005
Posts: 4,676
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I think its cheaper to buy it for 100$ The gift tax is more than that, i think. Been awhile since i have done this. You should be able to get that info online... i'll see if i can find anything.
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#3 |
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l_ /-\ l/\l
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I just paid 867.00$ on my cobra
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93 Titanium coupe |
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#4 |
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On with the show....
Join Date: Aug 2005
Location: San Antonio, TX
Posts: 195
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It's been a while, but the gift tax is more expensive than buying it for $1. I think the gift tax was (10 years ago) $50.
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Dave '07 Redfire GT Flowmasters, Pypes H Pipe w/ Hi-Flow Cats, C&L CAI, SCT X-Cal2 (BamaChips), FRPP 4.10's |
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#5 | |
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Sie lieben, mich zu hassen!
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Quote:
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#6 |
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you smell that?!
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i bought my steeda for $300...pssh bwaaa
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94 Steeda- sold- 355rwhp on a 75 ![]() 02 Roush 360R- sold- 400rwhp at 8psi ![]() 04 Mach 1- K&N drop-in, Roy's 3/8 spacer, Steeda tri-ax, Pypes o/r X, SLP catback w/Super 44s, 4.10s, 04 IRS
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#7 |
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Join Date: Aug 2004
Location: Converse, Texas
Posts: 2,212
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I was figuring the gift would cost more and be more trouble. I tried looking online yesterday - found everything BUT what I wanted. I'll look some more today. Things should be really slow at work! Nobody is here!!
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#8 |
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Change always makes Sense (or Cents)
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I know that almost every car I have purchased was transfered at a purchase price of $100. You wouldn't believe the bargain shopper I am, yeah right
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1 of 472 Year 2005 Mustang GT, Black, Convertible with Black Top, Automatic Transmission, Dark Charcoal/Red Interior.
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