---------------How to trade car for car the cheapest way

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Jan 25, 2010 | 03:32 AM

asocallocal

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---------------How to trade car for car the cheapest way

Is there a way to trade car for car with no tax?

Jan 25, 2010 | 07:51 AM

tempban

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Re: ---------------How to trade car for car the cheapest way

Jan 25, 2010 | 07:53 AM

95ProjectEJ1

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From: Fullerton to Placentia

Re: ---------------How to trade car for car the cheapest way

You can maybe claim the car as a "gift", but I believe you have to put down a minimum of $500 IIRC

Jan 25, 2010 | 08:04 AM

66fasty

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From: low desert, ca, USA

Re: ---------------How to trade car for car the cheapest way

I just always put that I piad 200-500 for the car and pay the taxes. If you put it as a gift you have to pay taxes on the value of the car.There's no way around it that I know of.

Jan 25, 2010 | 08:09 AM

Pat_S

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From: Los Angeles, CA

Re: ---------------How to trade car for car the cheapest way

Quote:

Originally Posted by 95ProjectEJ1

You can maybe claim the car as a "gift", but I believe you have to put down a minimum of $500 IIRC

Is that the going rate? I always thought it was much cheaper. ~$450 cheaper.

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