Asked: December 23, 20202020-12-23T14:59:43+00:00 2020-12-23T14:59:43+00:00 Can a grandparent gift a car to grandchild? Amelia 431 Questions 0 Answers 0 Best Answers 0 Points View Profile Amelia Can a grandparent gift a car to grandchild? carquestion 1 Answer Voted Oldest Recent Archie 0 Questions 303 Answers 0 Best Answers 0 Points View Profile Archie 2020-12-23T15:00:41+00:00Added an answer on December 23, 2020 at 3:00 pm Yes, a grandparent can gift a car to grandchildren. The International Revenue Service allows each grandparent to get anything worth $15,000 for the grandchildren. And in case if both the grandparents want to gift the grandchildren, then they can also buy a gift with the double worth that is $30,000. A car can easily be bought with this amount. No gift tax is supposed to be paid in the process if the amount does not exceed the given ones. 0 Reply Share Share Share on Facebook Share on Twitter Share on LinkedIn Share on WhatsApp Leave an answerLeave an answerCancel reply Attachment Select file Browse Featured image Select file Browse Save my name, email, and website in this browser for the next time I comment.