Thread: Trading Cars?

I recently listed my car for sale on ebay and was contacted by another member asking if I was interested in trading for his 1931 Ford. I'm sure the laws probably vary with each state, but assuming we did a straight exchange with no money involved, how would we handle the "Bill Of Sale" issue? Would we list the selling price as $0 or $1, or would we be required to list the value of the actual vehicles (in this case $12,000)?

I'm sure the government would want to make some money out of the exchange and somehow putting an extremely low value on the bill of sale for two classic cars would seem like it would raise more than a few flags with the DMV.

If anyone has experience with car-trading, I would appreciate any feedback!

EDIT: I live in Florida if that helps any.