CAR-BUYING QUESTIONS
Can I trade in a car that isn't in my name?
Generally, only the owner listed on the title can sign it over, so you'll need that person to be present or provide a signed title and any required authorization, such as a power of attorney. If the car belongs to a family member or was inherited, there may be extra steps like an estate transfer. Rules vary by state, so ask the dealer what they need and check your state DMV's website before you go.
General information, not legal or financial advice; rules vary by state and lender.Related questions
- What paperwork do I need to trade in my car?
- Can I use OffLot to estimate my trade-in or sell my car?
- Do I need to remove my license plates when I sell or trade in my car?
- How does a trade-in work with a lease on a new car?
- Should I trade in my car if it has a lot of equity?
- Is a 72-month or 84-month car loan a bad idea?