A friend of mine has an abandoned Shasta trailer on one of his properties. It's been sitting there for at least 7 years, probably 12 or more. I am interested in fixing it up a bit, but he does not have the title, and it's not registered.
A few questions- If he were to essentially give it to me as a gift (maybe with a nominal sale price of like $50 or less), what would the tax and/or registration implications of that be? I'm not sure what the trailer would go for on the open market in the condition it's in, so I don't know what market value would be.
Is registration of a trailer without a title possible in California? I'm not totally sure how to interpret the Vehicle code or CHP documentation regarding this.
How costly could I expect the registration, tax, and title process to be? I'm on a relatively tight budget so I'd like to plan before the point of no return.
Last Edit: May 17, 2013 2:04:22 GMT -5 by mestudent
Don't say gift, they'll try to charge on the value. Say $50 or so. As long as it has dropped out of the DMV system (hasn't been registered in so many years- not sure how many) you just need a bill of sale and a visible vin on the trailer itself. If you go through AAA (If you're a member) it's way easier too!
I said I paid 100, no title just bill of sale, and I paid $80 to get a new title and get it registered.
Hmm, as far as recurring, probably not that much. I haven't had to pay registration yet, but I just went through putting it in my name.
I highly recommend getting a AAA membership, if you don't already, between the roadside assistance and that you can do most of your DMV stuff with the quick happy people at aaa.. Good deal!
I would imagine they could look it up for you first, if it's been reported stolen or has been in the system recently there could be fines. If its been out of the system long enough, it's like it never existed..
They were really confused why I only had 5 characters in the vin!
Make sure you can see it on the trailer, they'll go out and check that when they put it in the system.