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Can a car be gifted?

Can you gift a car to someone?

2 Answers

Yes, depending on the State, a car can be gifted without paying taxes on the car when registering. Each State may vary how they deal with gifted cars and taxes, but in NY State you will not pay any taxes when registering a car that was gifted to you.

Yes indeed you can gift a car and reap tax benefits on that too. If you want to gift a used car then too there are charity organizations which deal in it.

You may look at for further information regarding your query.

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