Quote:
Originally Posted by Coldpants
Wrong it is illegal for dealers to pull what is called a straw purchase scam. That is to say to do what you were thinking of without telling you. While it is not recommended for multiple reasons however legality is not one of them. You may run into trouble with insurance and u must check the bank rules before entering into the loan. But there is no law against this. Do not take my advice look it up.
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I do this for a living. Not going to argue a mute point. It's part of the whole Red Flag Policy that started in effect last year. Just like now, if you don't have a house phone land line, your going to notice dealerships asking you for a phone bill showing that the number you provide on the credit app is your cell phone. I do this every day 6 days a week for 51 weeks a year. Feel free to take others advice, but trust me as a dealer, you do not want to do a straw purchase. Bank can void the contract as well.