neonsurfer13 said:She’s got all the keys. It’s not even like she’s driving the thing—she just refuses to hand over the keys and lets the car sit there rotting in front of the apartment building for six months straight. Honestly, I don't get how they couldn't just get the keys back from her, but that's the mess they've managed to make for themselves. Who knows if the keys are even inside the apartment at this point?
They checked about the lock, and the mechanic told them they'd have to have the car towed there, and apparently, the whole job is going to run them about $667.
On another note, does anyone know if there's a gift tax on transfers from a father to a son?
When a parent gifts a car to their kid, there isn't a special tax on the transfer, but if the child is gifting a car back to the parent, then you're looking at a special tax on passenger vehicles.
How much would that even run me?
And why even bother gifting it? If the car is in their name, just leave it that way. During a messy divorce, gifting assets like that can easily be challenged as some kind of shady maneuver to hide property during the split.
They should just get the car looked at and change the locks—find someone else besides the dealership, I'm sure there's someone who won't charge an arm and a leg. Besides, what kind of car are we even talking about here?
You're being a little sketchy with this, and what about the state inspection? Only the owner can handle that, and they can't do it without the actual vehicle being there. 😎