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#1
08-30-2011, 09:58 AM
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"trade" cars ?
what is the procedure for trading cars ? can you simply swap title with the other owner in front of a notary?
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1981 Trans Am project -YJ 400 stroked to 488 CID-74cc Eheads-10.95:1-Northwind Intake-Holley Terminator-TH400-Moser rear-Dougs Headers.... |
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#2
08-30-2011, 06:16 PM
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My state, PA, is a title state. I swapped cars about eight years ago and did it at the notary. I was surprised and pleased that neither of us had to pay sales tax.
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Mitch Kunath |
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#3
08-30-2011, 06:27 PM
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im in PA too. that sounds too easy.
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1981 Trans Am project -YJ 400 stroked to 488 CID-74cc Eheads-10.95:1-Northwind Intake-Holley Terminator-TH400-Moser rear-Dougs Headers.... |
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#4
08-30-2011, 09:02 PM
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In Ky the party getting the higher priced car pays the difference in tax.
Florida, no tax on a trade. |
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#5
08-30-2011, 09:11 PM
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Quote:
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1981 Trans Am project -YJ 400 stroked to 488 CID-74cc Eheads-10.95:1-Northwind Intake-Holley Terminator-TH400-Moser rear-Dougs Headers.... |
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#6
08-30-2011, 09:34 PM
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Steve, I traded a truck (Florida) for an f body from Indiana and just paid the transfer fee, no tax.
I'm sure every state is different though. |
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#7
08-30-2011, 09:44 PM
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Quote:
It was. Good luck with your transaction.
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Mitch Kunath |
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#8
08-30-2011, 09:51 PM
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Quote:
Its sad that the Government insists on retaxing money that was already taxed, at least once
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"The Future Belongs to those who are STILL Willing to get their Hands Dirty" .. my Grandfather |
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