Gifting a Car in Wyoming
You can gift a car in most Wyoming counties by transferring the car’s title to your recipient in the presence of a notary.
Written by Sara Brody
Reviewed by Kathleen Flear
To gift a car in
Wyoming
, you’ll need to pay title transfer and registration fees and transfer the car’s title in the presence of a notary. By following the correct process, you’ll avoid the taxes and fees normally associated with private vehicle sales.A car is one of the most generous gifts you can give someone, but it’s not as simple as going to the store and picking one out. Since every state uses a different set of regulations for vehicle gifts, you’ll want to familiarize yourself with your own local process.
Luckily,
car insurance
comparison super app Jerry
is here to guide you through the ins and outs of gifting a car in Wyoming. Read on to learn everything you need to know about car gifts in the Cowboy State.How to buy a car as a gift in Wyoming
If you’re gifting someone a new car, it’s a good idea to bring them with you to the dealership so that they can be involved in the shopping and financing process. This is because you cannot gift a car that has
liens
on it—you’ll need to pay off any loans to transfer the title.So, if you want to gift a car to a newly-licensed driver who can’t afford to buy a new car outright without a loan, include them in the
car-buying process
. That way, your recipient gets the vehicle they want while avoiding any legal or financial complications.Key Takeaway You’ll need the title to your car before you can give it to someone as a gift—so if you’re planning to gift a new car, bringing your giftee to the dealership makes the process smoother.
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How to gift a used car in Wyoming
In Wyoming, the process for gifting a car to a family member or donating it to charity is likely very similar to that of buying or selling a vehicle from a private party. However, since the requirements vary from county to county, you should
contact your local clerk
to confirm details about your situation. Generally, the easiest way to gift a car is to
transfer the title
of a vehicle you already own to your new recipient. But that doesn’t mean you can only gift older cars! Whether you’re able to buy a new model outright or you’ve paid off all loans
on an existing vehicle, you can typically follow a simple title-transferring process to gift your car.Negotiate the terms of the gift with your recipient
Once you’ve revealed the big surprise, talk with your intended recipient to come to an agreement about the gift. Since a title transfer involves fees, and car ownership comes with regular costs, you’ll want to discuss the details of who will pay for the costs of running the car, even if you’re paying for the initial purchase yourself.
In
Wyoming
, a title transfer requires two fees totaling $25: a $15 title-transfer fee and a $10 fee for a vehicle identification number (VIN) inspection. This inspection is frequently required in the title-transferring process. Decide who’s going to pay for the
title transfer
and VIN inspection in addition to car maintenance, insurance, fuel, and any other expenses associated with the car. You want your recipient to be prepared for the financial responsibility of owning their gifted car. To have the most fruitful conversation possible, review the table below with anticipated costs.
Cost | Wyoming average |
|---|---|
Title transfer | $15 |
Vehicle Identification Number inspection | $10 |
Registration fee | Variable depending on county of residence and type of vehicle |
Insurance | $1,711 (liability only), $2,106 (full coverage) per year |
Maintenance | $1,186 per year |
Fuel | $7,929 per year |
Record of the gift with a bill of sale
Why would you need
a bill of sale
for a gift? A Wyoming bill of sale
acts as a legal record of your transaction, even if there’s no money changing hands. Protect yourself and your recipient from legal consequences down the road by having a copy in your record. You and your recipient should both sign the bill of sale, certifying that you agreed to the terms of the gift.
Transfer the vehicle title
Since a title transfer officially transfers ownership of the car to your giftee, this is the most essential step in the car gifting process. To start, prepare the following documents:
- The original title that is signed and dated by both the seller and the buyer in front of a notary
- Your driver’s license
- Payment for the title transfer
In Wyoming, title transfers must take place in the presence of a notary. Most dealerships have notaries on their staff, and you can also consult with the county clerk’s office to find one. Once you have filled out all necessary paperwork, head to your
nearest county clerk’s office
to make the title transfer official and get a new title mailed to your gift recipient. Purchase Wyoming liability insurance—or full coverage
Whether you or your recipient is paying for coverage, make sure that the gifted car is protected with
a valid Wyoming car insurance policy
. After this final step in the gifting process, your giftee is free to hit the road!“Amazing service!Jerryhelped me get insurance for the first time. Everything went smoothly without a hitch. I couldn’t ask for more!” —Tasha F.
How to find affordable car insurance in Wyoming
Whether you’re helping your gift recipient buy their first insurance plan or just trying to save on your own coverage, Jerry is here to help Wyoming car owners find the lowest available rates on insurance.
Luckily, the Jerry process is much simpler than gifting a car: just sign up, answer a few easy questions, and receive personalized quotes from dozens of top insurance companies in under a minute.
In the spirit of giving, Jerry wants to gift you a headache-free insurance shopping process. That’s why we’ll never call you without asking, sell your information, or send you spam. Not to mention, the average user saves $887 per year on car insurance!
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FAQs
Do you have to pay taxes on a gifted car in Wyoming?
In Wyoming, recipients of gifted cars are not required to pay sales tax on the transaction so long as proof is provided that the vehicle was legally licensed and registered.
Is it better to gift a car or sell it for $1 in Wyoming?
Following the gift process guidelines is the safest and most legitimate way to transfer a car as a gift in Wyoming.
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