Buying a car with mods? - Zilvia.net Forums | Nissan 240SX (Silvia) and Z (Fairlady) Car Forum

mrgrape · 12-16-2008, 10:38 AM

so as u guys may know im looking at a s14 in CA right now.
the kbb is 3grand but with all the mods its running 7.5grand
cant i buy the car at 3 grand and the mods seperate so i wont get taxed as much?
bc that is the truth that im spending more money on the car then the value of the car

Brian · 12-16-2008, 10:40 AM

Just write $3000 on the bill of sale.

Jimmy Up · 12-16-2008, 10:43 AM

To make it sound legal, yes- they dont care what you spent on what car as long as they get their percentage of it...

*PBucch* · 12-16-2008, 11:51 AM

As far as DMV is concerned I have never paid more than $100 for a car.

mrgrape · 12-16-2008, 07:53 PM

hahahah sweet!

Bubbles · 12-16-2008, 07:56 PM

Write down a hundred bucks and wait for the awesome looks you get.

Brian · 12-16-2008, 07:57 PM

yeah, I mean, there isn't really a way to PROVE you wrong...

roboticnissan · 12-16-2008, 07:59 PM

just write zero it was a gift. or a trade.

The_Doctor · 12-16-2008, 08:01 PM

if it was a gift or trade your supposed to put down the fair market value (Blue book).

I put down $1000 when I traded my old bike for the 240.

midnightouge · 12-16-2008, 08:02 PM

We wrote down it was a gift for my car lol
dmv just looked at me stupid but didn't do anything.

The Chad · 12-16-2008, 08:08 PM

In VA (im assuming elsewhere as well) you can check a box that states it was a gift, but you have to get the original title holder to sign the form as well...this means no taxes on purchase(according to a reputable source). Could be worng i suppose.

chad91s13 · 12-16-2008, 08:08 PM

all the cars i have ever bought have been gifts lol

Bubbles · 12-16-2008, 08:15 PM

Quote:

Originally Posted by Brian

yeah, I mean, there isn't really a way to PROVE you wrong...

That's what makes it so fun.

weissguy · 12-16-2008, 08:16 PM

In Texas it recently changed to where they don't take your word on the value anymore. They now take the black book value (wholesale) value of the car and tax you on that.

zer0cooL · 12-16-2008, 08:20 PM

dude whatever you do DONT put it as a trade cause theyll charge you the KBB and youll get taxed from that.. just put down like 500-1000.. and just tell whoever youre buying the car from to agree to saying that if asked.. i know because i got that stupid IRS letter asking me to pay for the shit fuck htat

240sx354 · 12-16-2008, 08:20 PM

yea when i bought my 240 for 5k, i wrote down 1000$ on the bill of sale...if you put the sale to low tho sometimes they will disregard what you wrote and tax the market value..they did that on my first car...

mrgrape · 12-16-2008, 08:24 PM

oh crap crap, sweet info guys let me know more
my friend told me just have the guy check it off as a gift(he graduated from UCLA and now works for the corrupt federal reserve)
im in CA and dont know the tax laws, but when i asked other forums they didnt tell me jack shit!
so should i just have the guy give it to me as a gift or write 1000 on the bill of sale?

Bubbles · 12-16-2008, 08:24 PM

Quote:

Originally Posted by weissguy

In Texas it recently changed to where they don't take your word on the value anymore. They now take the black book value (wholesale) value of the car and tax you on that.

Luckily for me I don't live in Texas.

96Turbo · 12-16-2008, 08:26 PM

My perfect bodied stock S13 was only $500 iirc

racepar1 · 12-16-2008, 08:27 PM

Quote:

Originally Posted by PBucch

As far as DMV is concerned I have never paid more than $100 for a car.

Ha ha! Me too! Fuck the DMV.

Charlie · 12-16-2008, 08:27 PM

When I got my coupe we put down it was a gift, but the dmv lady was like you have to out a $$$ on it so the guy(we said we were related and hes giving me the car) was like how much do you have in your wallet? I said $12. Hes like cool, the car is worth $12 and put that down. The lady was like O.o

96Turbo · 12-16-2008, 08:29 PM

Quote:

Originally Posted by skylove

When I got my coupe we put down it was a gift, but the dmv lady was like you have to out a $$$ on it so the guy(we said we were related and hes giving me the car) was like how much do you have in your wallet? I said $12. Hes like cool, the car is worth $12 and put that down. The lady was like O.o

lol that's sweet

zer0cooL · 12-16-2008, 08:32 PM

Quote:

Originally Posted by mrgrape

oh crap crap, sweet info guys let me know more
my friend told me just have the guy check it off as a gift(he graduated from UCLA and now works for the corrupt federal reserve)
im in CA and dont know the tax laws, but when i asked other forums they didnt tell me jack shit!
so should i just have the guy give it to me as a gift or write 1000 on the bill of sale?

put 500-1000.. cause they might go all the way and actually find out if it was given as a gift or not.. you two are two complete strangers and have no relation whatsoever.. so just be safe write something down as cash

mrgrape · 12-16-2008, 08:34 PM

anyone care to tell me a legit way to do it in cali?

mrgrape · 12-16-2008, 08:35 PM

Quote:

Originally Posted by zer0cooL

put 500-1000.. cause they might go all the way and actually find out if it was given as a gift or not.. you two are two complete strangers and have no relation whatsoever.. so just be safe write something down as cash

sweet i think im gonna do 500 or 700 ....i wish i could get it as a gift as im already paying out my ass

The Chad · 12-17-2008, 04:43 AM

Talk with the guy in person, if he's willing to spend a few hours waiting with you in the DMV, he might be willing to sign the form for a "gift" car. Worth a talk i suppose? $500 is still alot of money, that a set of Z32 brakes and a LSD

OTG Vinyl · 12-17-2008, 05:24 AM

Quote:

Originally Posted by mrgrape

anyone care to tell me a legit way to do it in cali?

Quit being cheap and do it like everyone else does?

*handinpants* · 12-17-2008, 05:43 AM

have the seller write gift in the value of the vehicle title when they sell it to you, that way you don't have to pay any taxes. i was given a nice expensive car for free, the woman was mad at her husband, divorce stuff, signed the title over to me as a gift....

**Phlip** · 12-17-2008, 06:29 AM

In NC, we don't have any of that shit, they tax based upon the book value, no matter how much you paid for the car... I didn't even have to show the DMV shit about the sale of the car, only the notary who notarized the title transfer.

bryce with a y · 12-17-2008, 07:25 AM

yea if you have ever wrote that you payed more than 1000$ for a car you have bought you are dumb.

thanks big gov. go build something we dont need!

12-16-2008, 10:38 AM	#1
mrgrape BANNED Join Date: Nov 2008 Location: socal Age: 34 Posts: 48 Trader Rating: (0) Feedback Score: 0 reviews	Buying a car with mods? so as u guys may know im looking at a s14 in CA right now. the kbb is 3grand but with all the mods its running 7.5grand cant i buy the car at 3 grand and the mods seperate so i wont get taxed as much? bc that is the truth that im spending more money on the car then the value of the car

12-16-2008, 10:40 AM	#2
Brian Post Whore! Join Date: Jan 2003 Location: usa Posts: 12,840 Trader Rating: (54) Rides Gallery: Brian Feedback Score: 54 reviews	Just write $3000 on the bill of sale. __________________ http://bhworld.wordpress.com/

12-16-2008, 10:43 AM	#3
Jimmy Up Zilvia.net GB Vendor Join Date: Oct 2006 Location: SoCal {covina} Age: 36 Posts: 4,038 Trader Rating: (52) Rides Gallery: Jimmy Up Feedback Score: 52 reviews	To make it sound legal, yes- they dont care what you spent on what car as long as they get their percentage of it... __________________ WWW.JIMMYUP.COM

12-16-2008, 11:51 AM	#4
PBucch Premium Member Join Date: Jun 2004 Location: miami beach Age: 40 Posts: 1,039 Trader Rating: (0) Rides Gallery: PBucch Feedback Score: 0 reviews	As far as DMV is concerned I have never paid more than $100 for a car. __________________ section ef&ec changed my life

12-16-2008, 07:57 PM	#7
Brian Post Whore! Join Date: Jan 2003 Location: usa Posts: 12,840 Trader Rating: (54) Rides Gallery: Brian Feedback Score: 54 reviews	yeah, I mean, there isn't really a way to PROVE you wrong... __________________ http://bhworld.wordpress.com/

12-16-2008, 07:53 PM	#5
mrgrape BANNED Join Date: Nov 2008 Location: socal Age: 34 Posts: 48 Trader Rating: (0) Feedback Score: 0 reviews	hahahah sweet!

12-16-2008, 07:56 PM	#6
Bubbles Post Whore! Join Date: Dec 2007 Location: Location, Location. Posts: 3,320 Trader Rating: (2) Feedback Score: 2 reviews	Write down a hundred bucks and wait for the awesome looks you get.

12-16-2008, 07:59 PM	#8
roboticnissan Nissanaholic! Join Date: Mar 2007 Location: SOCAL/NORCAL Age: 36 Posts: 1,868 Trader Rating: (12) Feedback Score: 12 reviews	just write zero it was a gift. or a trade.

12-16-2008, 08:01 PM	#9
The_Doctor Leaky Injector Join Date: Dec 2007 Location: Los Angeles, CA Posts: 66 Trader Rating: (0) Feedback Score: 0 reviews	if it was a gift or trade your supposed to put down the fair market value (Blue book). I put down $1000 when I traded my old bike for the 240. __________________ Sr's are like an asshole, everyones got one. KA-T FTW

12-16-2008, 08:02 PM	#10
midnightouge Zilvia Addict Join Date: Jun 2007 Location: BayArea Posts: 749 Trader Rating: (12) Rides Gallery: midnightouge Feedback Score: 12 reviews	We wrote down it was a gift for my car lol dmv just looked at me stupid but didn't do anything. __________________

12-16-2008, 08:08 PM	#11
The Chad Zilvia Addict Join Date: Feb 2007 Location: Richmond, VA Age: 44 Posts: 943 Trader Rating: (0) Feedback Score: 0 reviews	In VA (im assuming elsewhere as well) you can check a box that states it was a gift, but you have to get the original title holder to sign the form as well...this means no taxes on purchase(according to a reputable source). Could be worng i suppose.

12-16-2008, 08:08 PM	#12
chad91s13 Zilvia Junkie Join Date: Mar 2008 Location: orange county Age: 36 Posts: 334 Trader Rating: (1) Feedback Score: 1 reviews	all the cars i have ever bought have been gifts lol

12-16-2008, 08:16 PM	#14
weissguy Zilvia Junkie Join Date: Feb 2007 Location: dallas Posts: 301 Trader Rating: (0) Feedback Score: 0 reviews	In Texas it recently changed to where they don't take your word on the value anymore. They now take the black book value (wholesale) value of the car and tax you on that.

12-16-2008, 08:20 PM	#15
zer0cooL Zilvia Addict Join Date: Jan 2006 Location: East NJ Posts: 947 Trader Rating: (28) Feedback Score: 28 reviews	dude whatever you do DONT put it as a trade cause theyll charge you the KBB and youll get taxed from that.. just put down like 500-1000.. and just tell whoever youre buying the car from to agree to saying that if asked.. i know because i got that stupid IRS letter asking me to pay for the shit fuck htat

12-16-2008, 08:20 PM	#16
240sx354 Leaky Injector Join Date: Nov 2008 Location: CT Age: 37 Posts: 132 Trader Rating: (3) Feedback Score: 3 reviews	yea when i bought my 240 for 5k, i wrote down 1000$ on the bill of sale...if you put the sale to low tho sometimes they will disregard what you wrote and tax the market value..they did that on my first car...

12-16-2008, 08:24 PM	#17
mrgrape BANNED Join Date: Nov 2008 Location: socal Age: 34 Posts: 48 Trader Rating: (0) Feedback Score: 0 reviews	oh crap crap, sweet info guys let me know more my friend told me just have the guy check it off as a gift(he graduated from UCLA and now works for the corrupt federal reserve) im in CA and dont know the tax laws, but when i asked other forums they didnt tell me jack shit! so should i just have the guy give it to me as a gift or write 1000 on the bill of sale?

12-16-2008, 08:26 PM	#19
96Turbo Zilvia FREAK! Join Date: Nov 2007 Location: AZ Age: 36 Posts: 1,315 Trader Rating: (11) Feedback Score: 11 reviews	My perfect bodied stock S13 was only $500 iirc

12-16-2008, 08:27 PM	#21
Charlie Zilvia Addict Join Date: Oct 2007 Location: SoCal (626) Posts: 667 Trader Rating: (35) Feedback Score: 35 reviews	When I got my coupe we put down it was a gift, but the dmv lady was like you have to out a $$$ on it so the guy(we said we were related and hes giving me the car) was like how much do you have in your wallet? I said $12. Hes like cool, the car is worth $12 and put that down. The lady was like O.o __________________

12-16-2008, 08:34 PM	#24
mrgrape BANNED Join Date: Nov 2008 Location: socal Age: 34 Posts: 48 Trader Rating: (0) Feedback Score: 0 reviews	anyone care to tell me a legit way to do it in cali?

12-17-2008, 04:43 AM	#26
The Chad Zilvia Addict Join Date: Feb 2007 Location: Richmond, VA Age: 44 Posts: 943 Trader Rating: (0) Feedback Score: 0 reviews	Talk with the guy in person, if he's willing to spend a few hours waiting with you in the DMV, he might be willing to sign the form for a "gift" car. Worth a talk i suppose? $500 is still alot of money, that a set of Z32 brakes and a LSD

12-17-2008, 05:43 AM	#28
handinpants FreshColdBeer.com Join Date: Feb 2008 Location: California Age: 42 Posts: 2,665 Trader Rating: (48) Rides Gallery: handinpants Feedback Score: 48 reviews	have the seller write gift in the value of the vehicle title when they sell it to you, that way you don't have to pay any taxes. i was given a nice expensive car for free, the woman was mad at her husband, divorce stuff, signed the title over to me as a gift.... __________________

12-17-2008, 06:29 AM	#29
Phlip Yes, I look like that Join Date: Mar 2002 Location: In my supervillain's lair Posts: 27,980 Trader Rating: (19) Rides Gallery: Phlip Feedback Score: 19 reviews	In NC, we don't have any of that shit, they tax based upon the book value, no matter how much you paid for the car... I didn't even have to show the DMV shit about the sale of the car, only the notary who notarized the title transfer. __________________ Weirdo And I write too!

12-17-2008, 07:25 AM	#30
bryce with a y Zilvia Junkie Join Date: Feb 2006 Location: MN Posts: 397 Trader Rating: (3) Feedback Score: 3 reviews	yea if you have ever wrote that you payed more than 1000$ for a car you have bought you are dumb. thanks big gov. go build something we dont need! __________________ Image exceeds forum limits -Moderation