Declaring car as gift or lower value..
So if i buy that 2000 a4 tomorrow with 83k miles.
Can i put on the Ny DMV form that i bought if from a private seller for $500 and he would be willing to sign it too.
will they charge me the book value on it?
also what if i just put gift?
thanks
Can i put on the Ny DMV form that i bought if from a private seller for $500 and he would be willing to sign it too.
will they charge me the book value on it?
also what if i just put gift?
thanks
those are both rishy, car tax is like 10% value of the car in cali so just write it as is dont rish it over like a few hunreded dollars (100-500)
u dont wanna get a big fine and stuff from the state now
u dont wanna get a big fine and stuff from the state now
they cant prove what u bought it for, unless they got warrants for the sellers bank account. And they wont go thru the troble, but u do what u want, i wouldn't cause i wouldnt risk it for any amount of moeny.
it would only save u about 200 bucks if u lower it to much they will know somethings up. also do u wnat to see them take your car back if by some chance they figure it out, but if u were gonna do it make sure u save alot of money or at least enough for a mod.


