Question about car title?

[seniorcitizen]

I ordered MY on 10/9. It will be owned by my business. I provided business name and EIN.
I am paying cash for the car. I am picking up the car this Friday.
I emailed my SA to make sure the title will be in my business name.

She replied back with this statement:

So if it’s a purchase under your business name, your business would be the buyer and you would be a co-buyer. To my knowledge that’s how it has to be set up- but let me see if that’s not the case and I’ll get right back you!

I have purchased cars via my business before. I don't remember being a co-buyer.

Has anyone else purchased car under your business? Did you have to be the co-buyer?

I am in MN. Just trying to determine what my options are.

Thanks

 

[Teledatageek]

Yes, they did the same thing to me. I took delivery yesterday. Rep called on Friday night and said their lender insisted it be done that way. I have purchased several vehicles titled to the biz and registered to me personally.

So I signed with my title as the buyer and just my name as co-buyer. My accountant said that was perfectly fine. My company name is on the document as primary buyer.