who's credit?

335xiRN · 11-13-2008, 09:05 AM

I ordered a 2009 335xi coupe which is currently in transit.

The application at the dealer is in my name, but my dad is also on it as my co-signer. When talking with the insurance company, they said that I would save money
by having the car under my dad's policy instead of getting my own, which in turn means the registration would have to go under his name too instead of mine.

My question is, whose credit would be affected by this? Mine or my dad's? I thought that it would be mine since I'm the primary applicant. But if the insurance and registration is under my dad's name, it could affect his too?

Thanks

BK · 11-13-2008, 10:15 AM

I doubt insurance and registration would impact credit. It's the loan obligation that impacts it, and it sounds like both you and your dad are on the loan.

mroach · 11-13-2008, 10:17 AM

whose

11-13-2008, 09:05 AM	#1
335xiRN That's RACIST! 82 Rep 3,943 Posts Drives: 2009 BMW 335xi Join Date: Nov 2008 Location: the BIG apple iTrader: (1) Garage List 2009 335i xDrive Coupe [0.00]	who's credit? I ordered a 2009 335xi coupe which is currently in transit. The application at the dealer is in my name, but my dad is also on it as my co-signer. When talking with the insurance company, they said that I would save money by having the car under my dad's policy instead of getting my own, which in turn means the registration would have to go under his name too instead of mine. My question is, whose credit would be affected by this? Mine or my dad's? I thought that it would be mine since I'm the primary applicant. But if the insurance and registration is under my dad's name, it could affect his too? Thanks Last edited by 335xiRN; 11-13-2008 at 10:24 AM..
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11-13-2008, 10:15 AM	#2
BK Smiling politely 165 Rep 7,931 Posts Drives: 330i Join Date: Feb 2006 Location: Washington DC iTrader: (0) Garage List 2006 330i [9.00]	I doubt insurance and registration would impact credit. It's the loan obligation that impacts it, and it sounds like both you and your dad are on the loan. __________________ E90 330i Black Sapphire 6MT \| 991.1 C4 Platinum Silver 7MT
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11-13-2008, 10:17 AM	#3
mroach hej på dig 16 Rep 350 Posts Drives: 2006 E90 330i 6MT Join Date: Oct 2008 Location: Massachusetts iTrader: (0) Garage List 2006 E90 330i [0.00]	whose __________________ 2006 E90 330i / Arctic Metallic / 6MT / Premium / Comfort Acces / Cold Weather / Logic7 / Aluminium Trim / Bluetooth / Black Lines / Euro fog
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