Legal analysis: 1. It is suggested not to lend money to others in your own name, which is very risky. A friend buys a car by stages in his own name, and the vehicle is registered in his own name, so he needs to bear the repayment responsibility himself. No matter how to sign an exemption agreement, he can't be exempted from legal responsibility.

The simplest and most effective way is to sign a car rental contract with a friend, which means that you rent the car to him and pay the rent every month. He pays you money, and you return it to the bank. There are many binding clauses in the lease contract. Car accidents are basically the responsibility of the renter, and few people are jointly and severally liable. When he pays off the mortgage, you can directly transfer it to him, which has nothing to do with you. The most important thing is that with the lease contract, he dare not borrow money with the mortgage of the car, otherwise the mortgaged car rental is suspected of fraud, and it will take several years to come, or he will not come. Generally no one dares to touch this minefield, and your risk is reduced by more than half.

Legal basis: Article 1209 of the Civil Code of People's Republic of China (PRC) * * * If the owner, manager and user of the motor vehicle are not the same person, if the damage is caused by a traffic accident, the motor vehicle user shall be liable for compensation; If the owner or manager of a motor vehicle is at fault for the damage, he shall bear the corresponding liability for compensation.