"SPNKiX" (SPNKiX)
02/23/2015 at 21:43 • Filed to: subaru, forester, STi, 2008, xt, sports
0
24|
"SPNKiX" (SPNKiX)
02/23/2015 at 21:43 • Filed to: subaru, forester, STi, 2008, xt, sports | 0
| 24 |
I haven't done this in a while, so I am just reaching out to yaz to see if you have any insight. I am selling my car to myself. It has been under a previous company name but we have dissolved that business so it needs a new owner. Me. What is the best way to do this in SoCal? Should I sell it to myself for $1 or should I put the market value on it or what? I want to avoid taxes, if at all possible, and I don't want to somehow "total" my car if I put too low a value on it... if that's even possible.
Thoughts? Thanks in advance. Here's something special for your troubles. Super Cheetah!!!:
*UPDATE- SOLD!!! ...TO MYSELF. I NOW OWN MY CAR. DMV NEVER PICKED UP THE PHONE, BUT THEY WERE VERY HELPFUL AND GOT ME OUT OF THERE IN ONE VISIT.*
scoob
> SPNKiX
02/23/2015 at 21:44 |
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WANT
(Sorry, I can't help lol)
For Sweden
> SPNKiX
02/23/2015 at 21:47 |
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I recommend just turning yourself in for tax evasion now.
HammerheadFistpunch
> SPNKiX
02/23/2015 at 21:49 |
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just call the dmv and ask. Ill bet they will allow a title transfer without a bill of sale for a title fee
jkm7680
> SPNKiX
02/23/2015 at 21:49 |
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Mhmmmm yes
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SPNKiX
> scoob
02/23/2015 at 21:54 |
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I love this car. Bought it new and I never want to let it go.
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SPNKiX
> For Sweden
02/23/2015 at 21:55 |
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ha! I just want to structure it best. Not sure what the best arrangement is.
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SPNKiX
> HammerheadFistpunch
02/23/2015 at 21:57 |
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I'm hoping to go over there tomorrow, I just want to avoid something like "Hey, I'm selling my car to myself for a dollar!" "That'll be fine sir, but the insurance will total it if you do." "Oh, OK, then $12k." "YOU ARE A BIG FAT LIAR, GET OUT OF MY DMV!"
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SPNKiX
> jkm7680
02/23/2015 at 21:58 |
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I've got big plans for this beauty.
davedave1111
> SPNKiX
02/23/2015 at 21:59 |
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Give them a call and ask, and don't give your real details if they ask for any. Then you'll know what not to ask when you're there.
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jkm7680
> SPNKiX
02/23/2015 at 21:59 |
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Looks really sharp!
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scoob
> SPNKiX
02/23/2015 at 22:00 |
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I can has?
Leadbull
> SPNKiX
02/23/2015 at 22:00 |
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Department of Motor Vehicles
Dammit Kinja. 4:41.
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SPNKiX
> jkm7680
02/23/2015 at 22:00 |
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thankya! all stock.
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HammerheadFistpunch
> SPNKiX
02/23/2015 at 22:01 |
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call first, save yourself the trouble. No faces no names, no lines. Then when you are confident bring everything you need and several boxes of papers and i.d. more and head over
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SPNKiX
> davedave1111
02/23/2015 at 22:02 |
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That's a great plan, but I anticipate no one picking up the phone... We'll see.
Dusty Ventures
> SPNKiX
02/23/2015 at 22:26 |
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Oh my yes
jvirgs drives a Subaru
> SPNKiX
02/23/2015 at 22:39 |
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http://www.dmv.ca.gov/portal/wcm/con…
lucky's pepper
> SPNKiX
02/23/2015 at 22:53 |
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You've good taste in cars! Mine's a few years older but it makes up for the years with the mileage. Is that beauty a manual?
Sorry, I'm no help with the ownership transfer questions.
Squid
> SPNKiX
02/23/2015 at 23:40 |
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Your company may be able to gift the car to you tax free. Also I've never had any issues with the $1 purchase. In reality you should have no issues transferring the title as you are just changing the name on the title to someone who exists and not a now dissolved company that you owned.
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SPNKiX
> lucky's pepper
02/24/2015 at 00:08 |
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awesome! I can't get enough of these things. Mine's sadly not a manual...YET.
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SPNKiX
> Squid
02/24/2015 at 00:09 |
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sounds good. I'll give it a try. Tks!
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SPNKiX
> jvirgs drives a Subaru
02/24/2015 at 00:12 |
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It looks like the answer is in here somewhere- tks!
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SPNKiX
> davedave1111
02/24/2015 at 19:31 |
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tried calling today... 2 hour hold time...
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SPNKiX
> HammerheadFistpunch
02/24/2015 at 19:32 |
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tried calling today... 2 hour hold time...