2007-11-25 15:48:38 · 12 answers · asked by crazyasia 1 in Cars & Transportation ➔ Buying & Selling
A the age of 16, you can not enter into a legal contract unless you are deemed an "Emancipated Minor" by the courts. Otherwise, you must be 18.
2007-11-28 10:31:08 · answer #1 · answered by The Auto Evaluator™ 7 · 4⤊ 0⤋
You can not legally sign any contract until you reach the age of 18 years old. Co-signer or no co-signer. You can however purchase a car with cash at the age of 16 with full ownership. But the cost of Your insurance is very high. Buy a used car from a private party have your dad look at the car and instead of a co-signer let him buy ya your B`Day present. lol
2007-11-25 17:25:36 · answer #2 · answered by Big Deal Maker 7 · 0⤊ 0⤋
Save your money and wait a couple of years and you will be able to get a car. You have time to save money now and not have all the other bills that we as adult have. Take this time, save all you can and when you turn 18 you can probably get a used car. Then you have Insurance and always make sure you have good tires. It always takes money to keep a car on the road even after it is paid for. Good Luck
2007-11-25 15:55:57 · answer #3 · answered by AngelD 2 · 1⤊ 0⤋
Not likely. You are not considered an adult until age 18, and even then you will have to have good credit established to get a car loan. ANYONE at ANY AGE can buy a car, but you have to be 18 to use credit and put the cars title in your name, not your parents. Don't buy from a dealership, first of all, and don't use your credit to buy a car until you have the means to buy that "first new" car. Pay cash and get "liability only" insurance. At age 16, you are going to be paying out the nose and all your other orifices for insurance.
2007-11-25 15:55:19 · answer #4 · answered by rex_rrracefab 6 · 3⤊ 1⤋
a car is a major step and unless you have the funds for it, then you should rethink getting a car.
can you even get insurance in your name is the first question before you buy a car, and if you can how much would it be?
often times car insurance on a minor is as high as a car payment.
my key advice would be to build your credit, drive your parents car until you are 18 and save up a down payment.
2007-11-25 15:57:58 · answer #5 · answered by Redcianna 2 · 0⤊ 0⤋
I'm no lawyer, but I'm very certain you can own a car, so obviously you can buy one if you paid cash. The dealership might take a different view than what the law does. They like to make you sign pages and pages of disclaimers, and of course you wouldn't do that for them.
2007-11-25 19:08:17 · answer #6 · answered by Firebird 7 · 0⤊ 0⤋
You need to wait until you are at least 18 to own a car.
2007-11-25 16:39:39 · answer #7 · answered by Otto 7 · 0⤊ 0⤋
at 16 you can not legally own a car. Even if you pay for it, the car will belong to your parents until you turn 18.
2007-11-25 16:05:54 · answer #8 · answered by huskydog2001 2 · 0⤊ 1⤋
I believe you have to be at least 18 to leagally purchase a car.
2007-11-25 15:52:34 · answer #9 · answered by Say What? 5 · 1⤊ 1⤋
Yes, if you pay cash. No, if there's a contract involved. Gotta be at least 18.
2007-11-25 16:43:48 · answer #10 · answered by Flywheel 4 · 0⤊ 1⤋