Auto >> AutoSPT >  >> Car Photos

Can you buy a car for friend and put his name on the title?

In most jurisdictions, yes, you can buy a car for a friend and put their name on the title. However, there are a few things to keep in mind:

- You will need to provide proof of purchase, such as a bill of sale or invoice.

- You will need to sign the title over to your friend.

- Your friend will need to pay any applicable sales tax and registration fees.

- If you are financing the car, you may need to list your friend as a co-borrower.

It is important to note that putting your friend's name on the title does not necessarily mean that they own the car. If you are still making payments on the car, you will retain ownership until the loan is paid off. Additionally, if your friend damages the car or gets into an accident, you may be held liable.

For these reasons, it is important to carefully consider all of the factors involved before buying a car for a friend and putting their name on the title.