Buying Vehicles; Title Transfer

[drew02a]

Word to the wise, the state of Texas now requires an additional form in additional to a correctly filled out title for transferring vehicle ownership.

 

[Silverback]

Yep.. has the purchase amount on it as well. So learn to forge signatures. LOL Its called a Form 130-U.

 

[yotarob]

LOL, it is about time I got the 4runner registered. I hate going to the tax office, but since it is almost road worthy I'll be getting it done sometime soon. Now if I can just track down the deadbeat that sold it to me.

 

[drew02a]

Yep.. has the purchase amount on it as well. So learn to forge signatures. LOL Its called a Form 130-U.

Yeah, I registered the 4Runner at the end of last month without it. Went to register the Dilux today, and now it's required. I took care of it though, .

 

[AlienXtx]

LOL, it is about time I got the 4runner registered. I hate going to the tax office, but since it is almost road worthy I'll be getting it done sometime soon. Now if I can just track down the deadbeat that sold it to me.

I year that asshole sold you that runner, got a Hilux and then sold it too. Next time he should actually old on to a rig...

 

[Kruso]

Purchase amount doesn't matter, I learned that the hard way. You could pay $2 for a brand new Cadillac but you're paying taxes on the full amount! That changed a while ago.

 

[Silverback]

Depends on how old the vehicle is. Older vehicles you can fudge that number.

 

[Kruso]

At that time I was trying to transfer a 10 year old car... I've been retold the same thing several times.

 

[Silverback]

Vehicles Not Subject to Taxation based on Standard Presumptive Value

New vehicles (not previously titled)
Vehicles purchased from licensed dealers (dealers use purchase price only)
Vehicles purchased at a governmental or foreclosure auction
Vehicles 25 years old or older
Off-road vehicles, such as dirt bikes or all-terrain vehicles (ATVs)
Salvage or abandoned vehicles (except rebuilt salvage vehicles)
Vehicles sold through a mechanic or storage lien
Vehicles given as gifts to eligible applicants
Even-trade vehicles, when vehicles of equal value are swapped by the owners

 

[Kruso]

That's insane, even a close dealer friend of mine told me that the "gift" deal doesn't work anymore. I wonder what the "eligibility" requirements are.

 

[AlienXtx]

They go off of blue book value when you do a title swap.

 

[yotarob]

Vehicles Not Subject to Taxation based on Standard Presumptive Value

New vehicles (not previously titled)
Vehicles purchased from licensed dealers (dealers use purchase price only)
Vehicles purchased at a governmental or foreclosure auction
Vehicles 25 years old or older
Off-road vehicles, such as dirt bikes or all-terrain vehicles (ATVs)
Salvage or abandoned vehicles (except rebuilt salvage vehicles)
Vehicles sold through a mechanic or storage lien
Vehicles given as gifts to eligible applicants
Even-trade vehicles, when vehicles of equal value are swapped by the owners

Lucky for me, the 4runner is 25 years old this year. I am also thinking I can register it as an antique.

 

[Silverback]

Lucky for me, the 4runner is 25 years old this year. I am also thinking I can register it as an antique.

yep.. when I registered Clyde it was 25 as well. This next go-around will be a "Even-trade vehicles" deal.. so I won't be paying tax. At least I better not be.

 

[yotarob]

Did you get antique plates for Clyde? I have been told that with antique plates you do not have to pass inspection?

 

[Silverback]

Did you get antique plates for Clyde? I have been told that with antique plates you do not have to pass inspection?

No, I got normal plates. Vanity plates that read "BADMNKY" LOL.. nahh.. I wish. Just normal plates though.

 

[AlienXtx]

yep.. when I registered Clyde it was 25 as well. This next go-around will be a "Even-trade vehicles" deal.. so I won't be paying tax. At least I better not be.

good luck with that one man.

 

[Silverback]

I'm sure those cocksuckers at the DMV will say something.. its can't be an even trade because one vehicle is an 85 and one is a 91. I'll have to show them pictures of the sheetmetal. LOL

 

[AlienXtx]

I'm sure those cocksuckers at the DMV will say something.. its can't be an even trade because one vehicle is an 85 and one is a 91. I'll have to show them pictures of the sheetmetal. LOL

LOL....I bet they still pull the blue book shit on ya.

 

[Silverback]

The DMV site used to allow you to plug in the make/model and year and they would tell you the tax... now it seems you have to know the VIN. BS! Anyhow, KBB states that Private Party value is $1000, trade in value is $700.

 

[AlienXtx]

Yeah they just changed the rules a few years ago, I bought a 86 3/4 ton about 5-6 yrs ago, I paid $3400 for it and I know they did BB then when I swapped the title.