Comments

You must log in or register to comment.

KakAlakin t1_j2ylsaj wrote

If it’s signed already all you need to do is make an appointment at the dmv.

4

hopopo t1_j2yu9kg wrote

He can give you a car as a present. You most likely won't have to pay sales tax. See below for details:

https://www.state.nj.us/mvc/vehicletopics/taxexempt.htm

2

SuVrez OP t1_j31uckj wrote

Thanks for letting me know about this! I read through the link you sent over, but am still a bit confused.

Can I just go to the DMV and claim the exemption by telling them this was a gift from my father?

1

EmbracedByLeaves t1_j31yhpl wrote

They ask you how much you paid. You say it was a gift.

I think you get one 'gift' every so often. Forget the interval.

1

hopopo t1_j35hsp9 wrote

I did it over 10 years ago so I don't remember details, but I do remember that once we got there they told us we don't have to pay sales tax. I didn't know this in advance.

1

jetty_junkie t1_j2ymrv2 wrote

It should be no problem for your parent to gift you a car and sign the title over to you. I believe you would just fill it out as if you are buying it for $0.00

You may still have to pay some amount of fair value tax on it when you title it in NJ but I’m not 100% sure. If your dad has easy access to a notary it might be worthwhile to have him get a letter saying he is gifting it to you and that he is your father. You shouldn’t need it if your last names are the same but it’s better to have it ready just in case

1

Alternative_Arm_2583 t1_j2yopbg wrote

Had a similar situation, called njmvc and they were super helpful. theres a dedicated number for title questions, just call. :)

1