My girlfriend has a motorcycle that she bought a few months ago with a loan (she put down $2k and now her payments are ~$82 a month).
A few months later, she realized that she cannot keep the bike for very long due to her financial situation. She is the sole name on her loan: I am not on this loan or currently connected to the motorcycle in any way.
At the same time, my car completely died, and the engine is completely gone, so I won’t have a car for quite a while and I don’t have enough to put down on something new.
I would love to just get my own insurance plan for myself and her motorcycle and then I can make her payments and use the bike as my mode of transportation, and I know that it is common to insure vehicles you don’t own, but does the loan in this situation complicate anything?