Can I buy a car for someone else?

Yes, you can buy a car as a gift or for a family member, but think about whose name goes on the title, registration, insurance and loan. The person who will be listed as owner usually needs to be insured on the vehicle, and lenders generally require the borrower to be the owner or co-owner. Rules on titling and gift transfers, including taxes, vary by state. Check your state DMV and talk with your insurer before you buy.