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If you thought the price of gas was expensive, think again! Behind buying a home, buying a vehicle is the second most expensive purchase that Americans make. It isn’t just the price tag on the window sticker alone that takes you down the road to the poor house. It’s all the costs that go along with owning a car: car insurance, registration, and especially car maintenance.

Wouldn’t it be nice if someone just gave you a car? The fact is that it happens across the United States thousands of times on a daily basis. Maybe it’s gifting a car to a family member as a reward for finishing school or gifting a car to a relative who’s down and out. Most of the time, the gift car is staying within the immediate or extended family.