When ownership of a motor vehicle is transferred, the transferer may attach the registration number plates to another motor vehicle owned by him or her, and register the same in accordance with the provisions of sections 321, 323 and 325 of this title only if such transferred vehicle and such other vehicle are both of the pleasure car type, both motor trucks or tractors, both motor buses, or both motorcycles, except that a pleasure car registration and a truck registration shall be mutually transferable on payment of the difference in registration fees. (Amended 1965, No. 120, § 3; 1975, No. 55.)