I think when people say this, they are mistaking requirements of banks and/or their state government for 'US' laws. The use of cars in the US is almost entirel

I think when people say this, they are mistaking requirements of banks and/or their state government for 'US' laws. The use of cars in the US is almost entirely unregulated by the US government. And for the requirements imposed by state authorities, many of them are implemented as prerequisites for registration, not for ownership.