2006-08-31 02:40:19 · 10 answers · asked by brandi f 1 in Cars & Transportation ➔ Buying & Selling
sure cash has no age limit
2006-08-31 02:44:47 · answer #1 · answered by foothill4fun 3 · 0⤊ 0⤋
IF you are 10 you can purchase a vehicle without a cosigner. Monors are not responsible for their contracts unless emancipated so no one would loan you money or sell you their vehicle. At 18 you could certainly purchase a vehicle without a cosigner. I think what you are really asking is a question about credit however. Again, yes a person who is 18 or older can be bound by a contract for an auto loan. Just don't be an idiot and spend up a bunch on credit cards and kill your credit score and you should be fine.
BTW, if your not finshed with college and don't have a steady income you shouldn't be considering a car loan. If you can't afford to pay cash for your vehicle you can't afford it. You can live like a professional when your in school, but you will live like a student when your a professional. Thats embarassing! Lots of people do it too.
The anwer below me is incorrect. Minors may retain property rights in a vehicle. They are not bound by the contracts which means that if they purchase a vehicle and wreck it, then can take the wrecked vehicle back to the seller and demand a return of their $ for which the seller has no legal recourse, ie. he must pay the $ back and take the damaged vehicle. This is why vehicles are not often sold to minors. The minor however may hold property rights in a vehicle or "own" it and title it in his/her own name.
2006-08-31 02:46:52 · answer #2 · answered by JetboyToy 3 · 0⤊ 0⤋
not gonna' take position, because you do not have the more beneficial accessible earnings to reveal a lender that you're literally not drowning in lease funds. you'll get a $4000 automobile, which will be accessible and certain be a much more beneficial valuable automobile than ANY get excellent of entry to point Kia. happy to assist and recognize that i'm not the in simple terms one which helped set you instantly the following. you may thank us once you graduate from college once you ask your self "changed into i extremely going to finance a Kia that ought to were worth $5000 the subsequent 365 days and be THAT far the incorrect way up on that personal loan until eventually the proper of time?!?" and recognize you probably did not do something that stupid. that's once you ask before doing stupid such issues as that when we are able to help. not once you're being eaten alive by using automobile funds and attempting to promote off a automobile you're the incorrect way up on.
2016-11-23 15:57:32 · answer #3 · answered by ? 4 · 0⤊ 0⤋
If you have a decent paying job and a fair credit score, yes. Especially if you still live with your parents and don't have to pay rent. Dealers will check your credit history, and salary history, before they decide to finance you for a car, or require you to have a co-signer. Your bank or credit union may give you a better interest rate.
2006-08-31 03:02:21 · answer #4 · answered by j.f. 4 · 0⤊ 0⤋
Yes, but the guy that says minors can buy cars is wrong. You have to have a driver's license to buy a vehicle.
2006-08-31 02:49:38 · answer #5 · answered by Anonymous · 0⤊ 2⤋
Yes. You'll need good credit or loads of cash.
2006-08-31 02:45:38 · answer #6 · answered by always under siege 5 · 0⤊ 0⤋
SW..sh is wrong. You do not have to have a drivers license to BUY a car - you only have to have a license to DRIVE a car.
2006-08-31 03:52:53 · answer #7 · answered by Anonymous · 0⤊ 0⤋
18 is legal minimum (it's the age of legal consent)
2006-09-03 18:36:29 · answer #8 · answered by Dwight D J 5 · 0⤊ 0⤋
as long as your 18 with good credit i don't see why not
2006-08-31 02:45:41 · answer #9 · answered by bill j 4 · 0⤊ 0⤋
yea cash really doesn't have an age limit'
2006-08-31 02:45:49 · answer #10 · answered by sesh48 3 · 0⤊ 0⤋