What would be the pros and cons of letting someone else put there car in your name in the state of MN?
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What would be the pros and cons of letting someone else put there car in your name in the state of MN?
I am not an expert by any means but the first thought that comes to my mind is big fiery crash (especially if it is the fault of the person I am trying to help) and me on the wrong end of the lawsuit.
OK thanks I just turned 18 so I really wasn't all that sure
Seriously? Think about it. They get in a hit and run accident... the car is in your name... Who's to blame?
Ummm, YOU are!
All of the red light tickets from the cameras come to you.
If there is a serious wreck, you are also sued as owner
Plus if they want to put it in your name, normally it means something illegal is planned ( at least to me it sounds that way.
AND, to add... in many states, whoever has the vehicle registered in their name must have the insurance in their name as well.
Ok was just asking, but thanks for the cocky remark!
Ok, thank you!:) I appreciate the kindness.
What cocky remark? It's a fact that in many states whomever owns the vehicle must have the insurance in their name as well.
Ha ha ha J9 I was helpful and you were cocky,
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