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

6 Answers

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  • 2 months ago

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

  • Anonymous
    2 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.

  • 2 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.

  • ?
    Lv 6
    2 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.

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  • 2 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
    2 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. 

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