[Fot] TR3 Prices
John Frymark
jfrymark at aol.com
Wed Nov 6 08:16:02 MST 2013
Yes and California includes "grandparent" as family. Some states do not.
And taxes are sales tax, not excise, so paid by the buyer.
On Nov 6, 2013, at 9:07 AM, "RACER BUD" <budscars at comcast.net> wrote:
> California exempts family transfers from taxes and most fees
> RB
>
> -----Original Message-----
> From: fot-bounces at autox.team.net [mailto:fot-bounces at autox.team.net] On
> Behalf Of John Frymark
> Sent: Wednesday, November 06, 2013 6:37 AM
> To: mini at wi.rr.com
> Cc: fot at autox.team.net
> Subject: [Fot] TR3 Prices
>
> Whatever the agreement is, have your friends look into their state 's
> taxation rules on the change of ownership. Lots of states charge an excise
> tax and valuation of an "old car" can tricky. And many states exempt
> transfers within the family. Better to know before standing at the DMV
> window.
>
> John Frymark
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