Services
PriceProtect™
DriveShield™
GarageGuard™
Insurance
Car Insurance
Compare Car Insurance with Jerry
Jerry’s Expert Advice
Car Insurance Estimates
Home & Renters Insurance
Home Insurance
Renters Insurance
Loans
Car Loan
Compare Car Loans with Jerry
Jerry's Expert Advice
Car Loan Guides
Repairs
Car Repair Estimates
Repair Estimates for Popular Services
Advice
Read Car Content
Browse Jerry Car Advice
Check Out Expert Car QnA
Learn About How We Create Content
Jerry Data & Research
Recent Studies
Comprehensive Data Reports
Reviews
About
FAQ
MenuIcon
BACK

How long does a cosigner stay on a car loan?

I’m 18 and I’m getting a car loan. My parents agreed to cosign my car loan, but the term length we decided on is long, and I don’t want them stuck on my car loan for six years.

avatar
Lauren Smith · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Congratulations on your car!
Cosigners remain on the loan until the loan:
  • Reaches term (it ends)
  • Is paid off
  • Is refinanced
If your financial situation improves enough for you to refinance your car loan, you can release your parents as cosignors. Other than that, you will need to pay off the loan or wait for the loan to end to remove cosigners.
If you want to try refinancing, use the
Jerry
 app. No matter what your credit score is, Jerry makes refinancing your car easy by comparing quotes from multiple lenders to find a rate that works best for you. On average, car owners pay $85 less every month by refinancing their auto loan.
MORE:
Does financing a car affect insurance rates?
Car LoanCar LoansConsigners
View full answer 
Jerry user testimonial avatar
rating primary
“My experience with Jerry has been absolutely incredible. It took my car insurance from about $400/month to about $80. The entire experience is seamless.” - Gregory R.
Lower my car insurance too
WHY YOU CAN TRUST JERRY
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.

Join 4M+ members in lowering their car insurance

Find insurance savings

You Might Also Be Interested

card cover

72 Month Car Loans: What They Are and Why To Avoid Them

72 months is equal to 6 years—that’s a long time to be stuck with a payment and interest rate that’s higher than the average.
avatar
Jacoba Bood
card cover

A Guide to Car Loans for Young Drivers

Young drivers face unique challenges when getting a car loan but can improve their chances with good credit, a cosigner, and opting for a smaller lender.
avatar
Sarah Gray
card cover

How Long Does it Take to Get Approved for a Car Loan from a Dealership?

Going to the dealership might not be a one day trip, especially if you're planning on applying for a loan. But there are things you can do to speed it up.
avatar
Marisol Pereira

Read Advice From Car Experts At Jerry

card cover

Is Plymouth Rock Assistance Worth It?

Can Plymouth Rock’s roadside assistance hold its own against top competitors like AAA? Keep reading to find out.
avatar
Mary Cahill
card cover

2017 Dodge Charger Interior Review

Overall, the 2017 Dodge Charger’s interior features excellent quality and space compared with other performance-oriented cars in its class.
avatar
Sarah Gray
card cover

2006 Jeep Wrangler Gas Tank Size

The 2006 Jeep Wrangler’s gas tank holds 19 gallons.
avatar
Sarah Gray

What Others Are Asking

What do I do if my 2006 Ford F-150 won’t start and there’s no clicking noise?
I went to start my 2006 Ford F-150, but nothing happened—the engine didn’t even try to turn over. I know it’s not the battery, since I had it replaced less than a year ago. What do I do if my F-150 won’t start and there’s no clicking noise?
avatar
Kathryn Mae Kurlychek
How do I open a Volkswagen key fob?
None of the buttons on my key fob are working. I think the battery is dead. How do I open a Volkswagen key fob?
avatar
Nick Kunze
Does your car drive better after an oil change?
I know that oil changes are important to keep your enging in peak condition, but I'm not sure what it offers in terms of performance.
avatar
Eric Schad
Browse All Questions

Browse More Content

Car Repair Resources

Insurance for Your Car

Insurance in Your State

    Insurance In Your City

    Easiest way to compare and buy car insurance

    √
    No long forms
    √
    No spam or unwanted phone calls
    √
    Quotes from top insurance companies
    Find insurance savings
    Car Insurance by Make
    Audi
    BMW
    Dodge
    Ford
    GMC
    Honda
    Hyundai
    Jeep
    Kia
    Lexus
    Mercedes-Benz
    Mitsubishi
    Subaru
    Tesla
    Toyota
    View all
    Car Insurance by Model
    Chevrolet Silverado
    Chevrolet Malibu
    Ford Escape
    GMC Sierra
    Honda Accord
    Honda Civic
    Hyundai Tucson
    Jeep Cherokee
    Jeep Wrangler
    Kia Forte
    Mazda 3
    Nissan Altima
    Subaru Outback
    Subaru Crosstrek
    Toyota Camry
    Toyota Corolla
    Toyota Tacoma
    Toyota Highlander
    Toyota Rav4
    Volkswagen Jetta
    View all
    Car Insurance by State
    AL
    AZ
    AR
    CA
    CO
    CT
    DE
    FL
    GA
    ID
    IL
    IN
    IA
    KS
    KY
    LA
    ME
    MD
    MA
    MI
    MN
    MS
    MO
    MT
    NE
    NV
    NH
    NJ
    NM
    NY
    NC
    ND
    OH
    OK
    OR
    PA
    RI
    SC
    SD
    TN
    TX
    UT
    VT
    VA
    WA
    WV
    WI
    WY
    Car Insurance by City
    Austin, TX
    Boston, MA
    Charlotte, NC
    Chicago, IL
    Columbus, OH
    Dallas, TX
    Denver, CO
    Houston, TX
    Indianapolis, IN
    Jacksonville, FL
    Las Vegas, NV
    Los Angeles, CA
    Nashville, TN
    New York, NY
    Philadelphia, PA
    Phoenix, AZ
    Portland, OR
    San Antonio, TX
    San Francisco, CA
    Seattle, WA
    View all
    Car Loan by Make
    Audi
    BMW
    Chevrolet
    Ford
    GMC
    Honda
    Hyundai
    Kia
    Lexus
    Nissan
    Mercedes-Benz
    Subaru
    Tesla
    Toyota
    View all
    Car Insurance by Company
    AAA
    Allstate
    Aspire Advantage
    Assurance America
    Bristol West
    Commonwealth
    Dairyland
    Encompass
    Infinity
    Kemper
    Mapfre
    Mercury
    National General
    Nationwide
    Plymouth Rock
    Progressive
    Safeco
    State Auto
    Travelers
    Car Loan by State
    AL
    AZ
    AR
    CA
    CO
    CT
    DE
    FL
    GA
    ID
    IL
    IN
    IA
    KS
    KY
    LA
    ME
    MD
    MA
    MI
    MN
    MS
    MO
    MT
    NE
    NV
    NH
    NJ
    NM
    NY
    NC
    ND
    OH
    OK
    OR
    PA
    RI
    SC
    SD
    TN
    TX
    UT
    VT
    VA
    WA
    WV
    WI
    WY
    Car Repair by Service
    AC Compressor Replacement Cost
    Battery Replacement Cost
    Fuel Injector Replacement Cost
    Fuel Pump Replacement Cost
    Ignition Coil Replacement Cost
    Oil Change Cost
    Oil Pan Replacement Cost
    Power Steering Fluid Service Cost
    Rotate Tires Cost
    Spark Plugs Replacement Cost
    Timing Belt Replacement Cost
    Valve Cover Gasket Replacement Cost
    Water Pump Replacement Cost
    Wheel Bearings Replacement Cost
    View all