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In Indiana, the recipient of a sold vehicle is responsible for paying a 7% car sales tax on the fair market value—even if it's sold for $1.

Generally, the sale of any motor vehicle or trailer is subject to Indiana sales and use tax unless such transaction is entitled to a statutory exemption.

How to Sell a Car in Indiana Step 1: Allow the buyer to have the car inspected by a third party. Step 2: Organize and gather all related vehicle documentation. Step 3: Bill of Sale. Step 4: Transfer the title. Step 5: Remove your plates and cancel your insurance.

How Do I Transfer a Vehicle Title in Indiana? The person gifting the car will need to fill out the seller's portion of the transfer section on the title, and the person receiving the gifted car will need to fill out the buyer's portion. Both will need to sign. The vehicle's odometer reading is also required.

Can you sell a car for $1? In short, yes. But while selling a car for $1 will allow you to avoid capital gains and gifts taxes, the recipient of the car will have to pay whatever rate of sales tax your state charges on used vehicles when they transfer the title.

The Massachusetts title law requires that all motor vehicles and trailers be titled within 10 days of purchase. Passenger vehicles with a model year of 1980 and older, purchased before November 26, 1990 are exempt from titling. Trailers that are 3,000 pounds or less are also exempt and do not need a title.

If you have lost or had your title stolen, you'll need to submit an Application for Duplicate Certificate of Title form MV-902 and pay the associated fees prior to selling the car. If the vehicle's owner has passed away, New York provides checklist MV-843 when the vehicle's owner is deceased.