How To Register A Car That Was A Gift In Texas
Application for texas title 130 u original signature of the donor as the seller and recipient as the buyer is required.
How to register a car that was a gift in texas. Begin by filling out an assignment of title section of the vehicle s ownership title and record the odometer reading on the odometer disclosure statement. Complete an application for texas certificate of title form 130 u. Take your insurance card a copy of your policy or a statement from your insurance company verifying your coverage with you when registering. You and or your son will need to submit those documents in person to your county tax office and pay the 10 gift tax. Gifted donated vehicles this process is largely the same following a title transfer and registration fees.
Pay the 51 75 vehicle registration fee standard. To register a used car in texas you need to. New texas resident title transfers. Also those giving the vehicle must sign the title. The person giving the vehicle has to fill out the required fields on the title which include odometer information and driver s license information.
Of course if you buy a car and then gift it you will have to pay sales tax on. Visit your local texas tax office. Registering a used car in texas. Provide proof of id car insurance vehicle inspection and ownership. You ll first need to have your car inspected at your closest inspection station.
Legal name on the buyer s photo id must match the name on the application for texas title 130 u affidavit of motor vehicle gift transfer. Get your vehicle inspected. In some states an odometer disclosure statement might be required for vehicles that are less than ten years old. After moving to texas you have 30 days to title and register your out of state vehicle with the tx department of motor vehicles. Plus a 10 gift tax.
After this process is complete then your son will be the titled owner of the vehicle. Purchase adequate vehicle insurance per state minimums. You will pay an extra 10 for the gift tax. You can also contact the texas dmv with any questions on the process. Then complete the application for texas certificate of title and the affidavit of motor vehicle gift transfer.