Thor Forums

[lwmcguire]

Originally Posted by ducksface

You will be the first liable for when he wrecks it and tells you to shut up, it was an accident, I owe you nothing.

You'll be second in line as the lien holder for any liability IF you own it free and clear.

If he doesn't keep it insured and kills someone with it, you're ruined. If he does keep it insured and the award goes beyond coverage, you're ruined. Legal costs alone.

It is, even if you sold it to your dad the way you're saying, a very very foolish endevour.
He pays for three months, births 3 or 4 litters of dogs in it, and hands it back.

Put it on a consignment lot and call it done.
If you're upside down on value, write a check.

Absolutely right on