I am a co-signer for a car. Will I get fined by the dmv if they don’t reregister the car?

6 Answers

  • 3 months ago

    no a cosigner is only responsiblr for the loan if not paid

  • Anonymous
    3 months ago

    Not if you are a real cosigner. Lots of people who think they are just cosigners are actually co-owners. In any event the fine will stay on the car. Nobody's coming after you and the owner will eventually have to pay it.

  • 3 months ago

    No.  You're not a co-signer for a car, you're a co-signer for a finance agreement.  

    If you're a co-owner of the vehicle, that's a whole different story.

  • May
    Lv 6
    3 months ago

    "Co-signer" simply means that you agree to pay on the loan if the principal doesn't.  A Co-signer has NOTHING to do with registration.

    A "Co-Owner" is listed as an owner on the title and does have something to do with registration.  Which are you?

    Co-signer= co-signs on a loan.

    Co-Owner= co owns the vehicle.

    Registration= simply means license plates have been bought for the "co-signed" or "co-owned" vehicle.

    Proper terms are very important.

  • How do you think about the answers? You can sign in to vote the answer.
  • 3 months ago

    Co-signing is only for the loan.  If your name is on the title as well, you may hear from the DMV.

  • Anonymous
    3 months ago

    A co-signer just agrees to pay the loan if the owner does not pay. Unless your name is on the title you have nothing to do with registering the car. 

Still have questions? Get your answers by asking now.