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Can you have car finance in one name and register vehicle in another?
Wiki User
∙ 10y ago
It's highly unlikely any finance company would agree to this. Just buy the vehicle, once its paid off, then you can sell or gift it to whomeoever you want.
Otherwise it would sound to the finance company like some kind of scam with misrepresentation from the start, possible grand theft auto and a defaulted finance note on a car that will quickly be totalled, disappear, or even worse an insurance fraud ring.
Another option if your trying to help a friend or family member is to offer to be a cosigner on the note, NOT a co-buyer, that is a totally different thing. If a car dealer says it is the same you need to exit the building right away because he is lying to you. a Co-signor is just guaranteeing payment on the financed note. A buyer or co-buyer is actually an owner and can be held jointly or separately financially liable for any all related injuries, accident claims traffic citations, violations, crimes, etc etc, that are ever associated with the vehicle throughout the time they are an owner whether actually driving the vehicle or not.
Answer
No. The owner of the vehicle is the guarantor of the loan.
As an owner you must register your car under your name.
You can have other cosigner, but basically you will be the primary responsible party.
Wiki User
∙ 10y ago
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Can you finance a car and register it under another name?
if i finance car under my son name and register my name there is any problem with insurence company can give me sales invoice under my name
Can you have the finance in one name and the car be register to another person?
We signed the papers to finance a truck for my son. If I remember correctly, it was registered in his name, but we paid the bill. It has been a long time ago.
Can you register your vehicle in your mothers name?
No
Can you register a vehicle if the loan is in someone elses name?
If your name is on the title
Is a co-signer on a new vehicle that is being financed able to insure and register that vehicle alone?
Insure?? yes, register? NOT unless your name is on the TITLE.
Can the title of a car have one name but the registration is another name?
Yes. When you finance a car, that's exactly what happens... the financier is the title holder until that vehicle is paid off.
Can you register your car in Florida if it is insured and titled in your grams name?
No, the vehicle would need to be titled in your name for you to be able to register it. Your grandmother could register it in Florida and let you drive it.
Can you register tag and title unde one name and have insurance under another?
The vehicle owner is equally liable for any and all damages caused by an authorized driver. The owner should always be covered under the auto insurance policy and is required in order to register the vehicle.
Can you register a car without being listed on the title?
Yes. When you finance a car, your name isn't on the title.
Can you get a car registered only with provisional license?
Most states require an adult to register a vehicle. If you're 18 you should be able to register it, but verify that where you register vehicles in your state. That may be the Department of Motor Vehicles or it may have another name in your state. The drivers license determines whether the individual can legally operate the vehicle on the public roads.
Who is the legal owner of a vehicle?
The one with the name on the title, if it is free and clear. Otherwise, finance companies that finance vehicles are the official owners until the loan on the vehicle is paid off.
Do you need driver license to register car in Iowa?
No, you do not need to have a permit or license in order to register ownership of a vehicle in your name.
