Posted by: latoboy December 16, 2006
Car as a gift
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it is true that if he gifts the car to u, u will save quite a bit of $$$ on taxes. im not sure what the tax rate in your state is but im sure its average of about 8 % tax so already u will save 8 % of 3500 but becareful when u goto dmv to register the car cuz they might get suspicious if its a newer car.
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