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California Car Registration?
My parents are "selling" me a car, and I am registering it in California under my name (previously registered in Wisconsin). Can someone tell me how registration fees work?
They were going to sell it to me for a dollar, but when I called the DMV, the lady said that they would base the registration fee off of the Kelly Blue Book value, and I did not need a bill of sale. Then, I talked to a co-worker, and she said that I should have a bill of sale, and they will base my registration fee off of that price.
I called my Dad, and he agreed to a selling price of $3,500 (half the value of the car). Will that reduce my registration fee?
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