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MaintainThePeace t1_it6c2g0 wrote

Reply to comment by aarons6 in buying a used car from a private seller by 10poundtimebomb

>also there will be taxes you have to pay.. this is not included in the sale price. even if you put zero on the receipt the DOL will ask for money. this is paid by you and not the seller.

Get a "Declaration of Buyer and Seller Regarding Value of Use Vehicle Sold" document signed by buyer and seller as well.

This is the only place were the sale price actually matters.

Otherwise the licenses place will try and tax you on their value database, which was 10x the price I bought my last car for...

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aarons6 t1_it6ce3z wrote

you have to be careful with this. if you say the car is not road worthy or it needs to be fixed they might make you get it inspected.

last time i was at the DOL for my renewal the guy in front of me bought a car from somewhere and put down its for repair and it was really cheap. they denied him a title and said the car was for parts only.

Washington state does not allow you to fix a crashed car you purchased.

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MaintainThePeace t1_it6ctnb wrote

That is true too, but for me I bought a completely road worthy classic truck fo 4k, the states database said it was working 54k.

Even if the truck was pristine, it wouldn't have been worth 54k, so I have no idea were they got that number from.

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aarons6 t1_it6d400 wrote

classic cars i understand. after a few years the KBB doesnt work anymore and they cant get a real value.

if im buying a 2018 toyota and try to tell the DOL i paid only 2k for it they will certainly wonder why it was so cheap.

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also a vehicle can be gifted one time in its lifetime for free.. just once tho..

so if you are buying a car that was bought new and never been transferred and you know the seller really well, this is an option. it does mark the car as a gift in the system i think and you might not be able to trade it in.. not sure tho.

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