817-485-5050 info@schwabagency.com

Buying cars as gifts for loved ones has been shown in commercials by nearly every major manufacturer, but this practice actually takes quite a bit of planning. Rushing out to pick up a new car at the last minute could leave you and the gift recipient disappointed or delayed.

First, go shopping and finalize your purchase at least a week before the big day. Ask the dealership to hold it for you until it’s time to reveal the gift – they may even offer to drive it over at a specific time. You don’t want car loan paperwork delays to suddenly put off your big surprise.

Keep in mind you will need to purchase the car in your name and transfer it to the owner after gifting. This process varies by state, but usually only requires a sale of no value with the gift transaction indicated in a bill of sale.

Finally, don’t forget about auto insurance. You should contact The Schwab Agency to make sure the new vehicle is covered under Texas state regulations so the new driver can take a spin from the moment they lay eyes on their new vehicle.


The Schwab Agency

The Schwab Agency, LLC has over 20 years of experience within the insurance industry in our community and our goal is to bring you unparalleled service and dedication. Since the majority of our business is through long-lasting relationships with our clients, fulfilling your needs is of the highest priority.

COVID-19 Update:

Due to new increasing cases of Covid-19 our office will be closed to the general public until further notice. Our team will still be working full-time in the office and here to assist with all your insurance needs. Please contact us via phone at (817) 485-5050 or email: info@schwabagency.com.

We hope everyone is doing their part to protect themselves and their loved ones during these hard times, and thank everyone for understanding our decision to do our part to help protect our staff and those in our community.

Tim Schwab.
President and Managing Partner