Gifting a car out of state -- transfer of title?

[Anonymous]

My recent college graduate is moving from Virginia to New Jersey.

I want to gift her the car she has been driving. My name is on the title and there is no lien holder.

Do I do the title transfer in Virginia or in New Jersey?

[Anonymous]

Carefully check the tax issues which are specific to the state. You want to make sure NJ will not charge extra tax is possible.

[Anonymous]

Anonymous wrote:Carefully check the tax issues which are specific to the state. You want to make sure NJ will not charge extra tax is possible.

Thanks. So it sounds like I have a choice of where to do this title transfer?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Carefully check the tax issues which are specific to the state. You want to make sure NJ will not charge extra tax is possible.

Thanks. So it sounds like I have a choice of where to do this title transfer?

If her license is still in VA, you can transfer it using the VA address or wait until she has a NJ license if that is better. If she has already transferred her license, than you have to transfer it to NJ.

[Anonymous]

We did this a few years ago and had to pay DC tax (DS had already moved VA to DC). I recall at the time we learned had we transferred while he still lived in VA we could have done so without tax (not sure if it’s a sales tax or transfer tax) but there was an exception for transferred within immediate family. Check out VA DMV website for info.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Carefully check the tax issues which are specific to the state. You want to make sure NJ will not charge extra tax is possible.

Thanks. So it sounds like I have a choice of where to do this title transfer?

If her license is still in VA, you can transfer it using the VA address or wait until she has a NJ license if that is better. If she has already transferred her license, than you have to transfer it to NJ.

Thank you!

[Anonymous]

Anonymous wrote:We did this a few years ago and had to pay DC tax (DS had already moved VA to DC). I recall at the time we learned had we transferred while he still lived in VA we could have done so without tax (not sure if it’s a sales tax or transfer tax) but there was an exception for transferred within immediate family. Check out VA DMV website for info.

Thank you!