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OT: Gifting a car to a friend in need question......

donelsonsam

Well-Known Member
Gold Member
Dec 4, 2008
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How is best to do it for me and them? Davidson Co, TN

I don't want them to have to pay taxes on it to get titled etc

Car is probably worth $20,000 or so. Is it ok if I put it's worth less or even as little as a $1?

I have never donated or sold our cars ourselves..... usually a trade in

Thanks in advance
 
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