Buying a car by power of attorney: why you might lose it.


Buying a car by power of attorney does not guarantee real ownership rights and carries significant risks for the buyer, despite the prevalence of this practice in the secondary market.
This is confirmed by experts' responses to the questions of a reader from the Yuristy.ua portal.
According to Angelika Lysak, a lawyer from Kyiv, so-called buying a car by power of attorney is not actually a purchase in the legal sense.
There are no safe options with power of attorney. You will not become the new owner, but only a temporary user, the lawyer explained.
The question of the safety of such transactions became especially relevant after the adoption of Resolution No. 1132, which limited the ability to register a second car for one person with subsequent resale without financial losses.
Yuriy Zelenko, a lawyer from Zaporizhzhia with 25 years of experience, noted that certain protective mechanisms do exist.
You can secure the car and include it in the Register of Encumbrances on Movable Property. However, the tax service and state enforcement service may ignore such restrictions, he warned.
The expert shared his own experience, recounting that he had to spend two years in court to lift the tax lien, despite having a mortgage agreement with all prohibitions.
Thus, individuals planning to purchase a car by power of attorney should be aware that full protection against possible arrests, prohibitions on alienation, or removal from registration legally is practically impossible to ensure.
Read also
- The price of gold sets records: should Ukrainians invest in the precious metal?
- No more than 220: Ukraine will switch to a new voltage standard
- Shmyhal met with Bessent: discussed sanctions against the Russian Federation and the creation of an investment fund
- Nearly 59 hryvnias per liter: Gas stations have raised prices on gasoline, diesel, and autogas again
- Talks on Negotiations with Kellogg: Ukraine Wants Peace, but Russia Blocks Ceasefire
- Yermak spoke about negotiations with Kellogg in London: key condition of Ukraine