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lucabene | 09:27 Mon 22nd Jan 2007 | Personal Finance
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Hi my father who is on the higher rate of mobility for the rest of his life , Hes offered to finance a car for me as im applying for a mortgage in the next 2 months and dont want the banks to see ive finance for a car. Will the car dealships or finance allow my father the finance but the car to be in my name, even though I will be paying the payments back monthy to my father. Thanls
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No. For the simple reason that if the payments aren't kept up in your father's name (no matter who is supposed to be paying) the car will not be in his name to repossess.

And think very carefully - you are planning to lie on your mortgage application form. This is not a great start.

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