How do I legally loan my friend my car?
May 4, 2010 9:46 AM Subscribe
How can I loan/lease a car to a friend for a short period of time without being liable if he/she gets in an accident?
posted by pianohands to Law & Government (10 answers total)
YANML, but I'm leaving the country for three months and was planning on loaning one of my friends my car for the summer. I have car insurance and she has car insurance but it's on an International license. My parents are under the impression that since I am still a dependent (though I have my own insurance policy) and part of their household, a lawyer could ultimately hold them responsible for any injury or property damage. Is there some legal way to lease her the car for three months? She's actually doing me a favor, as I have a manual transmission car, and neither of my parents can drive stick, so it will sit outside for three months if I leave it with them. She will only be using it for short trips to get groceries, see movies, etc. This is also time sensitive, I leave in less than 3 weeks (parents ok'ed this two weeks ago and then changed their mind...)
Other relevant information:
Car and insurance policy are in New Jersey. My friend would be keeping the car in NJ as she's working here this summer.
My friend is also a native Trinidadian, so she has a Trinidadian license, as well as an International License that is still valid.
My car is worth less that $1500 dollars. I am completely okay with her having it, and I am the title holder/owner of the car.
I am still on a provisional NJ driver's license (would get a real one next month), but I'm over 21.