credit card protection on car in son's name
Posted: March 5th, 2017, 9:06 pm
My son is buying his second car out of savings.
I have persuaded him to avoid credit cards for as long as possible so he cant buy using that to get some buyer protection. However can you tell me if I buy a card with my credit card but register the car in his name - am I/are we covered by the usual protections.
It is a bit easier for insurance purposes, and also for correct delivery of any speeding tickets, if it is in his name. But it wouldn't be a deal breaker if it had to be in my name.
Thank you in advance
I have persuaded him to avoid credit cards for as long as possible so he cant buy using that to get some buyer protection. However can you tell me if I buy a card with my credit card but register the car in his name - am I/are we covered by the usual protections.
It is a bit easier for insurance purposes, and also for correct delivery of any speeding tickets, if it is in his name. But it wouldn't be a deal breaker if it had to be in my name.
Thank you in advance