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    chevy666's Avatar
    chevy666 Posts: 127, Reputation: 1
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    #1

    Dec 9, 2010, 08:48 PM
    What are the pros and cons of letting someone else put their vehicle in your name?
    What would be the pros and cons of letting someone else put there car in your name in the state of MN?
    smearcase's Avatar
    smearcase Posts: 2,392, Reputation: 316
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    #2

    Dec 10, 2010, 04:29 PM

    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.
    chevy666's Avatar
    chevy666 Posts: 127, Reputation: 1
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    #3

    Dec 10, 2010, 04:40 PM
    Comment on smearcase's post
    OK thanks I just turned 18 so I really wasn't all that sure
    J_9's Avatar
    J_9 Posts: 40,298, Reputation: 5646
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    #4

    Dec 10, 2010, 04:45 PM

    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!
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #5

    Dec 10, 2010, 09:39 PM

    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.
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
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    #6

    Dec 11, 2010, 07:57 AM
    Quote Originally Posted by chevy666 View Post
    What would be the pros and cons of letting someone else put there car in your name in the state of MN?
    Hello c:

    Unless they pay you a LOT of money, there are NO pros to letting someone do that. There are only cons.

    excon
    J_9's Avatar
    J_9 Posts: 40,298, Reputation: 5646
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    #7

    Dec 11, 2010, 08:00 AM

    AND, to add... in many states, whoever has the vehicle registered in their name must have the insurance in their name as well.
    chevy666's Avatar
    chevy666 Posts: 127, Reputation: 1
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    #8

    Feb 18, 2011, 06:13 PM
    Comment on J_9's post
    Ok was just asking, but thanks for the cocky remark!
    chevy666's Avatar
    chevy666 Posts: 127, Reputation: 1
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    #9

    Feb 18, 2011, 06:14 PM
    Comment on Fr_Chuck's post
    Ok, thank you!:) I appreciate the kindness.
    J_9's Avatar
    J_9 Posts: 40,298, Reputation: 5646
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    #10

    Feb 18, 2011, 06:26 PM

    What cocky remark? It's a fact that in many states whomever owns the vehicle must have the insurance in their name as well.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #11

    Feb 18, 2011, 09:47 PM

    Ha ha ha J9 I was helpful and you were cocky,
    J_9's Avatar
    J_9 Posts: 40,298, Reputation: 5646
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    #12

    Feb 18, 2011, 10:13 PM
    Quote Originally Posted by J_9 View Post
    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!
    I'm guessing this was my cocky response. :rolleyes:
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