For people that have traded cars?

**99YellowStang** · 07-09-2009 09:14 AM

I am thinking about trading my vette with someone for a different car, how do you go about as far as registering and paying taxes? I would actually get the guys car plus money on top, do I still have to pay taxes even though I am not spending any money? I know you are supposed to fill in how much you paid for the car and have a bill of sale but I would not be paying anything for it, just not sure how that works.

btw this is the car:

**Gorky_Park** · 07-09-2009 09:46 AM

Why would you trade your newer Vetter for older-gen? I don't get it

**s14sr** · 07-09-2009 10:04 AM

ive always put trade or gift on the line and that has worked without any questions.

**99YellowStang** · 07-09-2009 10:50 AM

Originally Posted by Gorky_Park

Why would you trade your newer Vetter for older-gen? I don't get it

$$$, i want to pay off all my debt, id be getting a sizeable amount of money on top

**99YellowStang** · 07-09-2009 10:51 AM

Originally Posted by s14sr

ive always put trade or gift on the line and that has worked without any questions.

and then you dont pay any taxes correct? just registration fees?

**SupraRy** · 07-09-2009 11:47 AM

Is this the same beat up one you drove a couple of years back? I would just keep yours fool.

**99YellowStang** · 07-09-2009 11:50 AM

Originally Posted by SupraRy

Is this the same beat up one you drove a couple of years back? I would just keep yours fool.

haha beat up one? i still miss my last z06

plus my last z06 didnt run mid 10s and trap mid 130s NA

**5thgen_er** · 07-09-2009 12:32 PM

i like the red one

**Jewbu** · 07-09-2009 04:01 PM

i am not sure so do not quote me on this,can you mark it as a "gift"?

**Drivermod03** · 07-09-2009 04:33 PM

Put "Even trade" As what you paid for it(Zero taxe's)..I trade cars on a monthly basis and have never had a problem with it.With Gift you can get alot of questions sometimes and title problems.

**Puto** · 07-09-2009 05:40 PM

I've seen a lot of c6 guys downgrading back to c5Z06's. I find it funny but I actually like the c5 coupe design better than the c6 hatchback design. I could see why you would want to do it, plus you get out of debt and still get to drive a vette.

**GingersRPeople2** · 07-09-2009 05:50 PM

like the red, but i can't answer your question.

**lordofthemiasma** · 07-09-2009 05:56 PM

even trade works good. done it several times before, they will probly look at you like you are stupid but it is all well and good. if you are getting money on top, tell em negative whatever you get and make them pay you.

**99YellowStang** · 07-09-2009 07:35 PM

lol that would be great if i got money back as i am getting a good amount of money on top of it, enough to easily buy another car...well its still not a done deal but i am thinking about it

**neondriver** · 07-09-2009 07:49 PM

trade, even trade, gift all work. ive said all of them and had no issues and just paid the transfer/tag cost.

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