What would be your ideal gift during the holidays from a loved one? Would it be your dream car, topped with a big red bow? According to research done by eBay.com Motors, “nearly one-third of Americans have either gifted a vehicle to themselves or to someone else in celebration. . . [of the] holidays.” Often, January is the strongest month for vehicles sales.
Buying a car and gifting a car are two entirely different things. Gifting a car can also mean passing down your used vehicle to your teenager. If you plan on gifting a car this holiday season, what are the guidelines you need to know about? Making a plan is essential.
All the legal challenges you face will pay off when you see the look on the recipient’s face upon receiving your gift. The giant red bow is the cherry on top.
By: KayLynn P.
Do you have questions about your insurance? Find an insurance agent near you with our Agent Finder
Search for a local agent with our agent finder map.
Read more about KayLynn's background.
Child Life Insurance: A Timeless Gift of Love, Protection, and Financial Security
Insurance Deductibles: A Delicate Dance Between Financial Security and Premium Savings
Insurance Unveiled: Separating Fact from Fiction in the World of Protection
From Million-Dollar Legs to Kidnap Insurance: Unveiling the Quirky World of Unusual Policies
Combating Insurance Fraud: Understanding the Risks and Taking Action
Marital Bliss and Insurance: Navigating Coverage Changes After Getting Married
Life Insurance for College Graduates: A Smart Investment for Your Future
Pre-Existing Conditions and Insurance: A Comprehensive Guide
Insurance Declaration Page: What It Is and Why It’s Important
Human Insurance Agents: The Best Way to Protect Yourself and Your Assets