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Can you register and insure a car, if the loan is in someone else's name?

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luvsun27
Check out my cool glasses

Member since 5/05

8135 total posts

Name:
Kim

Can you register and insure a car, if the loan is in someone else's name?

Currently, the car is in my name (loan, registration, insurance). As part of our agreement, STBX is taking the car, but I have to continue to make the payments. I want him t register and insure the car in his name, but the loan is currently in my name. Can he do this? I would think I have to sign over the title to make this happen...but can I sign it over if there is still a lien on it? Any help would be appreciated. Thanks. Chat Icon

Posted 10/6/09 9:56 AM
 
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Smileyd17
kids

Member since 5/05

20997 total posts

Name:
Mommy

Re: Can you register and insure a car, if the loan is in someone else's name?

Car needs to be insured under the name of the owner of car, If he/she is on both the title and loan..they are an interest and must be listed.

HTH

ETA: You may not be able to sign it over. unfortunately its not that easy.

Message edited 10/6/2009 10:10:41 AM.

Posted 10/6/09 10:10 AM
 

Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: Can you register and insure a car, if the loan is in someone else's name?

call Ford...you might be able to sign the car over

he just wont have a clean title

Posted 10/6/09 11:23 AM
 
 

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