| Author |
Topic:
Is there any legal liablitly to giving a car to someone?
[Locked] |
Brandun
Posts: 1,834
Registered: 2002-1-23 10:11:50
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Date Posted:
1/1/00 12:00am
Subject:
Is there any legal liablitly to giving a car to someone?
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like if I give a car to someone, and the brakes go out and they hit a tree
could I get sued?
no this didn't happen, but I am thinking of giving my used car to a friend/coworker's son
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myxomatosis8
Title: amateur zookeeper
Posts: 800
Registered: 2001-7-14 23:45:21
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Date Posted:
1/1/00 12:00am
Subject:
Is there any legal liablitly to giving a car to someone?
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Dunno how it works there, but I know that here, there has to be tax paid on the car when it changes hands, even if you give it away. Only caveat there is if the transfer is to an immediate family member, you don't have to pay the taxes then.
Liability wise, I would imagine that if the car is in the new person's name, and they assume responsibility (don't you need to safety the car before changing registration or something?) and it's their problem. Unless you're talking about keeping the car in your name, and just letting them drive it around?
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Ferrydust
Title: Iron Chef Jennifer
Posts: 938
Registered: 2002-9-4 20:32:54
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Date Posted:
1/1/00 12:00am
Subject:
Is there any legal liablitly to giving a car to someone?
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I once gave a car to a neighbor. I just signed the title over to him and that was it.
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Reapist
Title: Official ACF HIOFI Poster
Posts: 4,367
Registered: 2001-12-20 03:56:16
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Date Posted:
1/1/00 12:00am
Subject:
Is there any legal liablitly to giving a car to someone?
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Make sure you put it in their name. If they break down on the road and it gets towed you may get saddled with the towing and storage bill. As far as personal responsiblity goes, I do not think so, but sell it for a dollar to be safe.
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Brandun
Posts: 1,834
Registered: 2002-1-23 10:11:50
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Date Posted:
1/1/00 12:00am
Subject:
Is there any legal liablitly to giving a car to someone?
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I would gift the car to them and they would have to register it and so on
when the car was given to me, it was from my cousin and I didn't have to pay taxes....
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myxomatosis8
Title: amateur zookeeper
Posts: 800
Registered: 2001-7-14 23:45:21
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Date Posted:
1/1/00 12:00am
Subject:
Is there any legal liablitly to giving a car to someone?
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Ontario rules are stupid and archaic. I don't know how much of the original value is charged again in taxes over the lifetime of a normal car, but it's something like 4x the original value. Highway robbery.
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Jezza_Belle
Title: =^.^=
Posts: 2,771
Registered: 2001-2-24 02:29:30
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Date Posted:
1/1/00 12:00am
Subject:
Is there any legal liablitly to giving a car to someone?
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gift from a family member is often viewed differently than a gift from an unrelated person, at least here they make you pay taxes on the blue book value of the car.
but that's not your problem, sign over the title, give the kid the car with a bill of sale that says you are giving it as a gift, and hold no responsibility to the car from this day forward.
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Date Posted:
1/1/00 12:00am
Subject:
Is there any legal liablitly to giving a car to someone?
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I would imagine once it's registered and whatever in their name it's their problem... but what do I know?
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Caoilin
Title: Instigator
Posts: 2,278
Registered: 2001-11-20 00:03:45
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Date Posted:
1/1/00 12:00am
Subject:
Is there any legal liablitly to giving a car to someone?
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i wouldn't "gift" it due to tax issues, regardless of how little it's worth. sell it for $1 or something.
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FineYoungCannibals
Title: Top of the food chain
Posts: 1,620
Registered: 2003-7-14 19:17:12
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Date Posted:
1/1/00 12:00am
Subject:
Is there any legal liablitly to giving a car to someone?
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sell it for $1
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