Hey the title for my chevelle can finally be transfered into my name because the estate that it was in is finished. Im 17, and looking to insure it under Larue or hagerty or something similair. I know that if you are under 25 they dont let you but they have given us quotes for insuring it as my dads car with me as a driver. ( we both have other daily drivers). My question is for insurance purposes do i need the title to be in my dads name? Its my car, I do the work, pay for parts and payed for the car. I would rather have it in my name but I need to get the classic insurance policies, I cant afford the normal policies. This is in California. Does anyone have any experience with this?

Yep that's what they are saying. Put it in your dad's name. It is about the only way around the under 25 deal for classic insurance. Don't you trust your dad? :D

Put it in both of your names it will take both signatures to sell it that way. Also it could prevent an ex-wife from getting it in a divorce, since it is part your fathers.

That's what I had to do. It's still in his name to this day.

I agree with Shep. register it in California as:
Joe Blow OR Joe Blow Jr. and list your Dad as the primary driver on the insurance policy. The "OR" allows you or your dad to take title in case of a death (God forbid). It also avoids probate in case of death.

Chuck
I am not a tax attorney but I play one on television.

Our insurance company won't insure anyone with less than 10 years driving experience. One slick way for them to keep all that horsepower our of the hands of teenagers. Some teenagers are very responsible. Most aren't. Same goes for adults, but there are quite a few more on the responsible side of the board. Did you ever watch the old gray haired guys leaving a cruise night acting 17 again. You should. It's entertaining.

Also it could prevent an ex-wife from getting it in a divorce, since it is part your fathers.

Not necessarily so. Little Brother was ordered by the judge to sell his half of the car and give his ex half. He tried (with advise from his attorney) the sold for a dollar, here is your half. The lady judge (who is herself on husband #3)did not find that funny and then awarded her "Dads" half of the car. Now they (his son from prior marriage and current ex) are fighting in court because she had the car appraised at 25,500 dollars and she wants the kid to pay her half the appraised value or sell the car! He paid for and restored it on his own (bought the car when he was 13) and only put dads name on it for insurance purposes. In fact his dad had only been on the title 7 months because the car was just finished.:sad:

MEAN STEP MOM//
b i t cc h hhhh hh

why dont you get some muscle car insurance:disco:

why dont you get some muscle car insurance:disco:

The reason he brought this topic up is he is trying to do that but classic car insurance has age/driving experience requirements as a 17 year old he can't meet.

I put my 66 in my Dad's name when I was 17 to get better insurance rates. 20 years later, after years of sitting up I decided to get the car back on the road. With my father being deceased now it took me an act of congress to get the car titled in my name.

One of my sons has a 72 Chevelle and the other a Corvette. Both are titled as "Father or Son". The boys get my insurance rate and either can sell when they want. Should something happen to either one of us there isn't a problem with other taking possession of the car.

Thanks alot i think i will try to put both names on the title. I cant afford not to get the classic rates but I dont want to get screwed by not having the car in my name. I would feel different if i wasnt paying and doing the work. Thanks for everyones help. Im so excited to finally get the car on the road after a long time.

Mark

I put my 66 in my Dad's name when I was 17 to get better insurance rates. 20 years later, after years of sitting up I decided to get the car back on the road. With my father being deceased now it took me an act of congress to get the car titled in my name.

If you had, had a TOD (transfer on Death) it would not have been a big deal. At least not in Missouri.

Thanks alot i think i will try to put both names on the title. I cant afford not to get the classic rates but I dont want to get screwed by not having the car in my name. I would feel different if i wasnt paying and doing the work. Thanks for everyones help. Im so excited to finally get the car on the road after a long time.

Mark

I hope YOUR Dad doesn't see this posting, you should be ashamed of yourself. You seem to only trust him for the cheap insurance rates!

Here is the deal! If you have an accident while driving the vehicle, the insurance company is NOT obligated to fix your ride. YOU are still under 25 and do not meet their requirements for self coverage. I personally know of a few cases where this has happened.

If you had, had a TOD (transfer on Death) it would not have been a big deal. At least not in Missouri.

I didn't need a TOD but I did have to show a copy of the death certificate.