New to the leasing realm but is it possible to lease a car in my name and register and insure it in my fathers name? 
Also would a 650 credit score be well enough to takeover a Lexus lease?
No. You can have your father lease the car and i insure both you and your father. The car is registered under Manufaturerâs name and you are just a lease holder.
Depends on state registration rules. My leases are registered to me, and nowhere on the registration is the captive (the real owner) listed. In other words, If I handed you my ownerâs card right now, youâd think I owned it. Insurance, OTOH, they are listed as loss payee.
@jefe, to answer your question thoughâŚthatâs illegal and referred to as a âStrawâ purchase.
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Youâre still have to be listed on your dadâs insurance. Take a driving course instead.
At least you did not say wait till you turn 18 to leaseâŚ
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Iâm 22 and I rather avoid paying NYCâs 500+ dollar insurance quote I was givenđ
Does your dad also live in NYC or somewhere upstate?
Title updated since âI have a questionâ is neither informative nor descriptive lol.
No way will they let you assume a lease with a 650 credit score, unfortunately.
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He lives with me difference is heâs 60 with no tickets.
Iâm not an insurance agent, but I imagine if the vehicle is owned and insured by your parent, you can borrow it periodically without issue, especially if youâre just running a quick errand for them. If you were ever in an accident, I suppose you could state that you were briefly borrowing the vehicle. Iâve definitely let a friend or family member borrow a car before to go to the grocery store or to pick something up. No idea where to draw the line in the sand, though.
Back in the day when my dad kicked me out of his insurance for causing a couple of accidents, I was pretty happy that Geico quoted me ONLY $1800 per year for liability. Kids these daysâŚ
Lol he actually asked to close the thread
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