Can I Lend My Car to Others?
1 Answers
You can lend your car to others, but there are significant risks involved. Below are the precautions and potential consequences of lending your car: Precautions: The borrower must possess a valid driver's license and have the ability to drive normally. The borrower must comply with traffic rules, refrain from driving under the influence of alcohol, and drive responsibly. The borrower should have good moral character and a strong awareness of laws and regulations, ensuring that they drive responsibly not only for themselves but also for the car owner. If the car owner knowingly lends the car to someone without a driver's license and an accident occurs, the car owner will also be held liable and must bear joint compensation with the driver. Legal Liability: Lending a car to others involves complex legal and financial issues. If the borrower causes a major accident resulting in severe personal injury or property damage and lacks the ability to compensate, the car owner will have to bear joint liability.