Quote:
Originally Posted by Foolinaround
Most people lie on the titles to avoid tax's and what not,even pawning them off as gifts. no taxes on gifts.
Jplam,when i bought my integra guy wanted 4300 for it,so i told him id pay him 3g's(mind you this was at a dealer) and thats all i paid.
Its so easy when you own you own business to make money under 10g's appear and disappear.
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The DMV/IRS is doing alot more to prevent fraud since they need the money now more then ever. Alot of people are getting letters for underpaying tax even when they are buying cars that are fixer uppers and they are getting really good deals. If that business ever gets caught I guarentee you will be paying some taxes and penalities/fines.
It is just not worht it to save a few $ in tax.