Can a 17 year old get car fianace?
Find answers to your legal question.
Can a 17 year old get car fianace?
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photog
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You have to be 18 in the UK to sign that sort of agreement.
a |
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Timbo is here
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Yes but you will need at least one guarantor and it will not be easy to get. |
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kdsmm
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Wait until your next birthday.
A minor can not enter in to a legal contract, so no lender will give you a loan until you are at least 18. Even then, without a co-signer, it will be very difficult to secure a loan.
The best thing to do is to wait until you are 18 and then go in with a co-signer with good credit.
Even an 18 year old doesnt need an auto loan. Just save $2k and buy a hooptie. You'll have learned to take care of your car when you do decide to buy a new one. |
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James S
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Nope you have to be over 18 with a credit rating |
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j red
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no must be 18 years of age to sign legal contract. |
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COLIN T
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Sorry, no you cannot (in UK). At 17 you are legally considered a 'child' which i am sure you will find demeaning. You are not legally considered an adult until you are 18 and until then you cannot enter into a legal contract - which a finance agreement is.
BUT, some finance companies may consider you with a guarantor (who would need to be an adult with a good credit record). |
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Rod Knocker
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No. You have to be an adult to enter into and sign a contract.
1 more year to go |
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SpannerMonkey
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It's a very bad idea anyway. Really, it's one of those lessons in life where you think you know best till you do it, then wish you'd listened to people who already made the mistake. |
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Kay
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You usually have to be over 18. |
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adam
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if you have a job and u pay 90%cost for the down payment |
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Dr.Howaboutno
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i dont think so |
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