How to Transfer Ownership When Giving a Car to a Friend for Free?
2 Answers
For vehicle gifting between spouses, relevant legal regulations stipulate that no fees are required for the transfer of ownership between spouses. Both the giver and the recipient need to notarize the gift at a notary office, then bring the notarization certificate, registration certificate, and vehicle license to the DMV to complete the gifting procedure. The transfer process requires "valuation pricing." Based on the "valuation price," a "transfer fee" of 2.5% will be charged.
That time I gave my car to a friend for free, the process went quite smoothly. Both parties brought their original ID cards and copies, the vehicle registration certificate, the original driving license, and a self-prepared gift agreement to sign. Before going to the local vehicle management office, we made sure there were no traffic violations or unpaid fees on the car, otherwise it would have been rejected. After queuing up and filling out some forms, we only had to pay a small processing fee, around a few dozen yuan, and the transfer was completed quickly. Remember to remind your friend to update the insurance to their name promptly—don’t be lazy about it. After the transfer, the responsibility falls on them, so you don’t end up taking the blame if something goes wrong. The whole process took a morning, and having all the documents ready minimized hassle. Even when giving something away, you’ve got to do it properly—safe and worry-free.