Drive: Buying A Car For Someone Else To

If you want them to fully own the car (common for gifts), it is best to put the title and registration in their name immediately. This makes them legally responsible for the vehicle.

You must accurately declare who the primary driver is. Claiming you are the main driver to get a lower rate for a younger person is called "fronting" and can lead to a cancelled policy or criminal charges. buying a car for someone else to drive

To insure a car, the policyholder typically needs "insurable interest," meaning they would suffer a financial loss if the car were damaged. If you don't own the car, some insurers may refuse to cover you unless you are added as a "named driver" on the owner’s policy. 4. Tax Implications If you want them to fully own the