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>That's been bugging me for a long time! What if...
>what if you 'sold' your car for a $1 to a _very_ good friend and then
>bought it back for $2?
>your friend would pay $.08 in sales tax and about $15 in title xfer
>fees. you would pay $.16 in sales tax and another $15 in title xfer.
>What could the state say about market value? After all, it's now been
>sold twice at a reduced price...
Well, "fraud" is the first thing that comes to mind....
Lead Engineer, Networking and Communications Systems