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Gifted Vehicles If the vehicle was received as a gift, an Affidavit of Non-Dealer Transfers of Motor Vehicles and Boats (Gift Affidavit) completed by both the giver and the receiver is needed. In the case of gifts, no sales tax will be due.
Vehicle Title and Registration Proof of Identification. Manufacturers Statement of Origin. Bill of Sale. Copy of current registration (If you are transferring your current license plate) *In order to transfer your current license plate, the new vehicle must be titled exactly as the previous vehicle.
To officially release ownership of your car to the person youre gifting it to, you must transfer your title. You can do this by heading over to your local DMV, paying a fee, and filling out some paperwork. Check your states laws to learn about title transfer laws and fees.
Tennessee DOR Vehicle Title Transfer Guide Obtain a properly assigned vehicle title and odometer disclosure from the previous vehicle owner. Take the paperwork to your local Tennessee Department of Revenue (TN DOR) Provide valid proof of ID and residency. Pay all applicable fees and sales taxes.
Although the vehicle is being gifted to a family member, they may owe tax on the current market value of the vehicle when they register the vehicle. You need to take the signed original vehicle title to your local Tennessee city clerk and have the application for a new vehicle title completed.
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Car sales tax in Tennessee applies to all road vehicles, whether bought new or used from a private party or a licensed dealer. There are two ways to calculate the vehicle purchase price in order to apply the 7 percent state sales tax.