1, buying a car in someone else's name may have the following hidden dangers:
(1) Others have the right to take back the car, but the parties have no right to stop it;
(2) If an automobile accident requires insurance, it must be handled by the owner of the vehicle driving license;
(3) If others run away in arrears, the court can force the car to be sold and repay the arrears.
2. Legal basis: Article 7 of the Regulations on Motor Vehicle Registration.
To apply for motor vehicle registration, it shall truthfully submit the required materials and motor vehicles to the vehicle management office, truthfully declare the specified matters, and be responsible for the authenticity of the substantive contents of the application materials and the legality of the motor vehicles.
Article 86
The owner of a motor vehicle may entrust an agent to handle all kinds of motor vehicle registration and business, except that * * * changes with the owner, applies for a new motor vehicle registration certificate, and the motor vehicle is lost or cancelled; If the owner of a motor vehicle is unable to be present due to death, exit, serious illness, disability or force majeure, he may entrust an agent to apply with relevant certificates, or his successor may apply.
When an agent applies for motor vehicle registration and operation, it shall submit the identity certificate of the agent and the power of attorney of the motor vehicle owner.
Second, what should others pay attention to when they borrow money to buy a car and hang it in their own name?
Others need to pay attention to the following points when they borrow money to buy a car in their own name:
1, stipulating the obligations of both parties;
2. Exempt from the legal liability arising from the statement;
3. Sign an exemption agreement, stating the effective time, number of copies and signature of the agreement.