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.

Answer provided by
avatar
Eric Schad
Answered on Jul 15, 2021
Eric Schad has been a freelance writer for nearly a decade, as well as an SEO specialist and editor for the past five years. Before getting behind the keyboard, he worked in the finance and music industries (the perfect combo). With a wide array of professional and personal experiences, he’s developed a knack for tone and branding across many different verticals. Away from the computer, Schad is a blues guitar shredder, crazed sports fan, and always down for a spontaneous trip anywhere around the globe.
“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.”
thumb-up

Did this answer help you?

Ask us a question by email and we will respond within a few days.
thumb-up

Have a different question?

You can meet us at our office and discuss the details of your question.

Easiest way to compare and buy car insurance

√
No long forms
√
No spam or unwanted phone calls
√
Quotes from top insurance companies