Can I give my parents my car while holding the loan?

Can I give my parents my car while holding the loan? My parents need a car and I have one that they can take. I want to give them the car permanently. It’s not payed off yet. I have a great interest rate of 2.8%. Can I give them the car and they pay me the monthly payments for the loan? How would insurance work? We live in different states
submitted by /u/primetyme313

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