How To Register A Car That Was A Gift In Texas
In some states an odometer disclosure statement might be required for vehicles that are less than ten years old.
How to register a car that was a gift in texas. After moving to texas you have 30 days to title and register your out of state vehicle with the tx department of motor vehicles. Registering a used car in texas. You ll first need to have your car inspected at your closest inspection station. Also those giving the vehicle must sign the title. Purchase adequate vehicle insurance per state minimums.
Legal name on the buyer s photo id must match the name on the application for texas title 130 u affidavit of motor vehicle gift transfer. In addition to the application for texas title you will also need to fill out a form called affidavit of motor vehicle gift transfer or form 14 317. Begin by filling out an assignment of title section of the vehicle s ownership title and record the odometer reading on the odometer disclosure statement. Of course if you buy a car and then gift it you will have to pay sales tax on. For example if the car sales tax in your state is 10 and you gift a 20 000 car you can save 2 000 on sales tax.
The person giving the vehicle has to fill out the required fields on the title which include odometer information and driver s license information. To register a used car in texas you need to. You can also contact the texas dmv with any questions on the process. You and or your son will need to submit those documents in person to your county tax office and pay the 10 gift tax. Plus a 10 gift tax.
New texas resident title transfers. You will pay an extra 10 for the gift tax. After this process is complete then your son will be the titled owner of the vehicle. This inspection will consist of a safety check for all vehicles and an emissions check for specific counties. A gifted vehicle should include the application for texas certificate of title form 130 u and affidavit of motor vehicle gift transfer form 14 317.
Then complete the application for texas certificate of title and the affidavit of motor vehicle gift transfer. Provide proof of id car insurance vehicle inspection and ownership. Visit your local texas tax office. Get your vehicle inspected. Application for texas title 130 u original signature of the donor as the seller and recipient as the buyer is required.