How To Register A Car That Was A Gift In Texas
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.
How to register a car that was a gift in texas. Purchase adequate vehicle insurance per state minimums. 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. 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.
This inspection will consist of a safety check for all vehicles and an emissions check for specific counties. Begin by filling out an assignment of title section of the vehicle s ownership title and record the odometer reading on the odometer disclosure statement. Complete an application for texas certificate of title form 130 u. Take your insurance card a copy of your policy or a statement from your insurance company verifying your coverage with you when registering. Gifted donated vehicles this process is largely the same following a title transfer and registration fees.
In some states an odometer disclosure statement might be required for vehicles that are less than ten years old. 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. Registering a used car in texas. 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. Application for texas title 130 u original signature of the donor as the seller and recipient as the buyer is required.
New texas resident title transfers. Also those giving the vehicle must sign the title. Visit your local texas tax office. Applicants must submit an affidavit of motor vehicle gift transfer comptroller form 14 317. You ll first need to have your car inspected at your closest inspection station.
Pay the 51 75 vehicle registration fee standard. To register a used car in texas you need to. You and or your son will need to submit those documents in person to your county tax office and pay the 10 gift tax. You can also contact the texas dmv with any questions on the process. Plus a 10 gift tax.