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re: Is it still legal in Louisiana to give a vehicle to a realitive

Posted on 6/5/14 at 9:22 am to
Posted by LateArrivalforLSU
Ascension Parish
Member since Sep 2012
3512 posts
Posted on 6/5/14 at 9:22 am to
Keeping the state out of your back pocket is always a good thing. Either gift it, or put $25 on the sales price.
Posted by VetteGuy
Member since Feb 2008
28316 posts
Posted on 6/5/14 at 9:29 am to
quote:

put $25 on the sales price


You can't do this.

They will assess tax on the book value of the vehicle, unless it is salvage.
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