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View Full Version : Sell my car or transfer it to my wife's name ?


ramyakrishnahotmailcom
02-12-2001, 09:52 AM
Hi there,
I have a Nissan Altima, 99 model, excellent condition car. I have 2 speeding tickets and because of that my insurance points are very high. So, I am paying 5000$ a year for insurance. I have to pay for another 3 yrs.
I have 2 options here : selling the car or transfering to my wife's name. My wife has a clean driving record.
Could you guys suggest the best thing to do in this situation.
The pros and cons about each option.
Thanks in advance.

Sunil
10-16-2001, 02:39 PM
It doesn't matter if you sell car or transfer it to you wife .. the insurance premium does not depend on the car that much as compared to your driving record. .. so keep paying ...