Anonymous
Post 06/17/2022 18:32     Subject: gifting car to my niece
You should prepare a bill of sale.
Anonymous
Post 06/17/2022 17:03     Subject: gifting car to my niece
Anonymous wrote:Good info here. The gift would be exempt from the excise tax if you are 65 or older.

https://mva.maryland.gov/about-mva/Pages/info/27300/27300-38T.aspx


Thanks.

this is ridiculous that if an aunt/uncle under 65, then it can't be considered a gift.
Anonymous
Post 06/17/2022 16:42     Subject: gifting car to my niece
Good info here. The gift would be exempt from the excise tax if you are 65 or older.

https://mva.maryland.gov/about-mva/Pages/info/27300/27300-38T.aspx
Anonymous
Post 06/17/2022 16:39     Subject: gifting car to my niece
We are in Maryland---MoCo for me, HoCo for my niece. Thanks!
Anonymous
Post 06/17/2022 16:24     Subject: gifting car to my niece
You need to specify your location for this to be accurate.
Anonymous
Post 06/17/2022 15:42     Subject: gifting car to my niece
Depending on where you do this, you may have an easier time of things if you sell it to her for valuable consideration. So, you write up a note that says she paid you $10 for your 2008 Saturn with 158000 miles on it. And she actually pays you $10.

This was what my dad did for me years ago in VA. Not sure it is still necessary now, tho.
Anonymous
Post 06/17/2022 15:28     Subject: gifting car to my niece
Sign the title over to her. She will have to go to the dmv and get a new title in her name and pay tax on it.
Anonymous
Post 06/17/2022 14:49     Subject: gifting car to my niece
Fill out the title in her name. Get it notarized if required. Give it to her. Cancel the insurance.
Anonymous
Post 06/17/2022 14:34     Subject: gifting car to my niece
What steps do I need to complete if I were to gift one of my cars to my niece? It is in not the best shape, so I would gift as is