With something as small as a car you still can't do that. If you say you bought a car for $1 the DMV will send you a letter back saying that the market value for said car is whatever they deem it to be and then they demand that you pay them the tax on that amount or have a very good explanation as to why you only paid a dollar for said car.
Comment: Well here in NJ
Well here in NJ
With something as small as a car you still can't do that. If you say you bought a car for $1 the DMV will send you a letter back saying that the market value for said car is whatever they deem it to be and then they demand that you pay them the tax on that amount or have a very good explanation as to why you only paid a dollar for said car.
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