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If you can't take over the car payments (not working or not bringing in enough money) then you father is doing you a favor in the first place. It's his money he is risking for you and most kids don't get this chance to have a car without going out and working 1 or more jobs to pay for it. You can approach your father and ask if your name can be on the loan payment or title and let him be the best judge of that. What you could do if you are flexing your muscles of independence is finding out when the loan payments are due, and then giving your father the money to pay each months loan payment. Otherwise, drive and enjoy! Marcy

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โˆ™ 2005-06-08 18:51:32
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Q: If your father refinances a car that was a gift to you is there a way to get your name on the loan agreement or title?
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Related Questions

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I just gave to my house title to my son (21 years old). The title has life estate in it. Is there is any gift tax do i have to pay? or my son have to pay any tax? I live in California jamie

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I thought we had an iron-clad agreement.The agreement was only thought to be clad in iron.The gift box was clad in fancy aluminum foil.

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