I'm thinking of buying a new car, Highlander or Avalon, at the end of 2014
can I use my mother's old car as a trade-in, without transferring Title to me, to save all the [California] transfer costs?
marc
- posted
10 years ago
trading in relatives car, for my [new] car ?
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- Vote on answer
- posted
10 years ago
Yep. Just have your mother sign the pink slip. Also perhaps a signed note that you can sell/trade in her car and keep the money. You do not need to have the note say that she sold the car to you. BTW, in Calif, Parents can give their cars to their kids tax free and without a smog check, so you are home free anyway. I did that for my kid with my old car. But he was
21 years old at the time.
- Vote on answer
- posted
10 years ago
thanks vito,
i wanted to hear something like this
marc
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- posted
10 years ago
a related question
can i give a car to my parents in Calif, tax free? or is it only parents to kids?
marc
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- posted
10 years ago
Don't know. Look it up. Perhaps in the DMV handbook, on the internet, or ask the DMV/AAA