How To Register A Car That Was A Gift In Texas
You and or your son will need to submit those documents in person to your county tax office and pay the 10 gift tax.
How to register a car that was a gift in texas. The person giving the vehicle has to fill out the required fields on the title which include odometer information and driver s license information. Get your vehicle inspected. A gifted vehicle should include the application for texas certificate of title form 130 u and affidavit of motor vehicle gift transfer form 14 317. You will pay an extra 10 for the gift tax. This inspection will consist of a safety check for all vehicles and an emissions check for specific counties.
Legal name on the buyer s photo id must match the name on the application for texas title 130 u affidavit of motor vehicle gift transfer. For example if the car sales tax in your state is 10 and you gift a 20 000 car you can save 2 000 on sales tax. In addition to the application for texas title you will also need to fill out a form called affidavit of motor vehicle gift transfer or form 14 317. Registering a used car in texas. Pay the 51 75 vehicle registration fee standard.
Gifted donated vehicles this process is largely the same following a title transfer and registration fees. Provide proof of id car insurance vehicle inspection and ownership. After this process is complete then your son will be the titled owner of the vehicle. Of course if you buy a car and then gift it you will have to pay sales tax on. Plus a 10 gift tax.
You can also contact the texas dmv with any questions on the process. Complete an application for texas certificate of title form 130 u. Purchase adequate vehicle insurance per state minimums. Take your insurance card a copy of your policy or a statement from your insurance company verifying your coverage with you when registering. New texas resident title transfers.
In some states an odometer disclosure statement might be required for vehicles that are less than ten years old. To register a used car in texas you need to. You ll first need to have your car inspected at your closest inspection station. Visit your local texas tax office. Then complete the application for texas certificate of title and the affidavit of motor vehicle gift transfer.