Is Straw Buying Cars Illegal -

: Charges can include mail fraud, wire fraud, or grand theft .

Not every purchase for someone else is illegal. These situations are generally permitted: What is a Straw Purchase for Cars - Is It Legal? - Autolist is straw buying cars illegal

: Using a straw buyer falls outside the terms of the official loan documents, which is legally considered fraudulent . : Charges can include mail fraud, wire fraud, or grand theft

: Most auto loan contracts explicitly require the borrower to be the primary driver of the vehicle. Failing to disclose that the vehicle is actually for someone else is a form of misrepresentation or deception against the lender . - Autolist : Using a straw buyer falls

: Hefty fines, repossession of the vehicle, or revocation of professional licenses for dealers.

The penalties for an illegal straw purchase can be severe for both the buyer and the driver: