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Can you finance a car by using power of attorney?

Can I use power of attorney to get a car loan? I don't currently have a car. My uncle is sick and I'm taking care of him. He needs me to take him to doctors' appointments and on errands, but without a car, we're stuck. He said I could finance a car in his name because I have bad credit. I also have power of attorney over his matters.

avatar
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
“It’s highly dependent on what state you’re in, but in most cases, you should be able to
buy a car
with it.
Be prepared to have a ton of extra paperwork and to get plenty of things notarized in regard to the purchase.
Your state may also have a motor vehicle power of attorney form that you may have to fill out to complete the transaction.
In most cases, it shouldn’t be an issue, but
contact your lender to see what all you’ll need
.”
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