Any suggestions on the best way to sell car to 20 yr old. daughter along with transferring auto insurance and other financial responsibilities for more independence without setting her up to fail affordably? She has been responsible in paying me for her cell phone/auto & medical insurance since those are in my name and she gets a MUCH better rate. Considering her applying for an auto loan or she could continue to directly pay me, unfortunately the auto insurance if switching to her name would cost her double. I'm trying to eliminate myself as the "middle man" for her expenses, but want to remain reasonable on costs for her. Whether she remains to live at home or move out, I want to continue moving in the right direction for her accountability/credit, etc.