[750lxi]

hi everyone. i am new and have a question.

i will order a 7 series tomorrow, but do not want it to be considered an asset of mine should creditors ever come calling. therefore, the car will be purchased in my son's name and i will co-sign the financing.

the problem i have is that the proposed order contract lists me as a co-buyer. i have expressed my concern to the salesperson, but he is adamant that if i co-sign for financing, bmw requires me to also be a co-buyer, but that the car will still be registered and titled in my son’s name only.

does anyone know anything about this? why do i have to be listed as a co-buyer, if i am only guaranteeing the financing?

thanks!