Wednesday, May 26, 2010

Can i get a car loan at the age of 17?

No



Can i get a car loan at the age of 17?

no.



Can i get a car loan at the age of 17?

Honey, you don't NEED a car loan at 17. Or 70 for that matter.



Can i get a car loan at the age of 17?

Difficult to do. You will need a co-signer for the loan, and no respectable adult would co-sign for a 17yo.



Can i get a car loan at the age of 17?

to enter into a legal contract you must be of legal age.



Can i get a car loan at the age of 17?

what's with all the no answers? Of course you can! True, you will probably need a co-signer like a parent that works. By co-signing they agree to take over payments if you default (can't pay) on the loan.



I also echo that you should try not to get a loan if you can manage it. Save your money, find a less expensive used car on autotrader or craigslist, and don't throw away a bunch of money on a new car that will only lose value the minute you drive it off the lot, and continue to plummet for the first few years. You can even find a sweet mercedes or lexus that's late 90's for pretty darn cheap.



Can i get a car loan at the age of 17?

You need to be a legal adult to enter a legally binding contract. No if's ands or buts. The contact is invalid if you sign it and are not a legal consenting adult. Have to wait a year. Sorry

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