Quote:
Originally Posted by xxweekxx
If she gets financing from a credit union or bank and then goes out and buys the car from a private party, will the car be in her name or the banks name? Why im wondering is if the car is in her name then she wont have to get comprehensive insurance...
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the car would be in her name and the bank or C/U would have a lien on the car, until the loan was paid off....and usually they will require proof of full insurance on the vehicle....