Is It Safe to Buy a Vehicle with a Nominal Owner?
1 Answers
Purchasing a vehicle with a nominal owner is not safe, as the registered name of the vehicle and the actual user are not the same person, and it is not legally recognized or protected. Below are specific details about buying such vehicles: Can undergo normal inspections: Generally, the issue with these vehicles is only related to the registration name. The vehicle itself has no problems, and all documentation and insurance are complete, allowing for normal annual inspections. Risks: If any issues arise with the vehicle, the registered owner will be held accountable. For example, if the user is involved in a traffic accident or uses the vehicle for illegal activities, the seller cannot escape responsibility. Additionally, if the seller passes away, the actual owner may struggle to maintain ownership of the vehicle.