Financing question

NofroyoNofroyo Member Posts: 1
edited January 2022 in General

Is it possible for an individual to purchase a car loan as the main borrower and have someone else be on the registration without them being a co-signer/coborrower ? Is that even possible.

Like I'm buying my mom a car and I'm paying for it but she will be the main driver and possibly the registration shows her name too? Have her on there without being a part of the loan If possible.

Thanks

Answers

  • kyfdxkyfdx Moderator Posts: 249,220
    Nofroyo said:

    Is it possible for an individual to purchase a car loan as the main borrower and have someone else be on the registration without them being a co-signer/coborrower ? Is that even possible.

    Like I'm buying my mom a car and I'm paying for it but she will be the main driver and possibly the registration shows her name too? Have her on there without being a part of the loan If possible.

    Thanks

    Sorry, no idea. I'd guess it's possible. May vary by state, and what the bank allows

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  • kyfdxkyfdx Moderator Posts: 249,220
    Nofroyo said:

    Is it possible for an individual to purchase a car loan as the main borrower and have someone else be on the registration without them being a co-signer/coborrower ? Is that even possible.

    Like I'm buying my mom a car and I'm paying for it but she will be the main driver and possibly the registration shows her name too? Have her on there without being a part of the loan If possible.

    Thanks

    Sorry, no idea. I'd guess it's possible. May vary by state, and what the bank allows

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

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