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Old 07-09-2009, 05:14 AM
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Default For people that have traded cars?

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:
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2008 Z51 Corvette

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Old 07-09-2009, 05:46 AM
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Why would you trade your newer Vetter for older-gen? I don't get it
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Old 07-09-2009, 06:04 AM
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ive always put trade or gift on the line and that has worked without any questions.
Old 07-09-2009, 06:50 AM
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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
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It is not death that a man should fear, but he should fear never beginning to live." -Marcus Aurelius
Old 07-09-2009, 06:51 AM
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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?
Old 07-09-2009, 07:47 AM
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Is this the same beat up one you drove a couple of years back? I would just keep yours fool.
Old 07-09-2009, 07:50 AM
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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
Old 07-09-2009, 08:32 AM
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i like the red one
Old 07-09-2009, 12:01 PM
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i am not sure so do not quote me on this,can you mark it as a "gift"?
Old 07-09-2009, 12:33 PM
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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.



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