<prompt> Human: Ive moved to a different state and decided to part with my car. My parents saw it as an opportunity to buy a well cared for used car. Whats the best way to transfer the car to them? What are the tax implications and how can this be planned for? The car is registered in NJ.  <response>: Gifting a car and them buying a well cared for used car from their child are two very different things. 