The transfer fee is typically the most significant cost associated with transferring a car title. This fee is set by the state and can range from $15 to $150. For example, in California, the transfer fee is $15, while in New York, the fee is $50.
In addition to the transfer fee, some states also charge a registration fee. This fee is typically based on the vehicle's weight, age, and value. For example, in Texas, the registration fee for a 2003 PT Cruiser with a standard weight is $51, while in Florida, the fee is $225.
Some states also charge sales tax on the purchase of a vehicle, including gifts. The sales tax rate varies from state to state, and it is typically based on the vehicle's purchase price. For example, in California, the sales tax rate for a vehicle gift is 7.25%, while in New York, the rate is 4%.
In addition to the fees listed above, some states also charge other fees associated with the car title transfer process, such as a smog inspection fee, a VIN inspection fee, or a title processing fee. These fees vary from state to state.
It is important to contact the local Department of Motor Vehicles (DMV) or the equivalent state agency to determine the exact costs associated with transferring a car title given as a gift for a 2003 PT Cruiser.
