Can I get a car loan in my name for someone else to drive?

Technically yes, but lenders view this as a red flag. When you finance a car in your name, you're the legal owner and responsible for the debt—the lender expects you to be the primary driver. If someone else is the actual driver and you can't make payments, the lender has limited recourse. Most lenders will ask directly: "Who will drive this vehicle?" and verify it matches your stated use. If they discover the real driver is someone else, especially someone with poor credit or no credit history, they may deny the application or charge a higher rate because the risk profile changed. The cleaner approach is to have the actual driver apply for the loan themselves, possibly with you as a cosigner if their credit or income is weak. As a cosigner, you're still liable for the debt but the loan is legitimately in both your names, and the lender knows upfront who's driving. Alternatively, if the other person has no credit at all, they might qualify through lenders who specialize in no-credit or ITIN buyers—many of these exist in South Florida and don't require a cosigner. If you're considering this because the other person has bad credit, no SSN, or limited income, Elite Edge works with lenders who approve those situations directly. You can reach out at (954) 907-2386 or use the 60-second Pre-Qualify at eliteedgeautobroker.com/PreQualify to explore options in the actual driver's name, which protects you legally and gives them better loan terms.

Common questions