"Is it possible for a 17-year-old to get an auto loan with a cosigner? "
"I am 17 with a wife and kid. My old car broke down, so my grandmother said she would cosign on a car loan for me. She is fairly well off, has great credit, and has an excellent relationship with her bank.
Apr 26, 2021
Answer provided by
Answered at Apr 26, 2021
Car InsuranceCar Loans
“Unfortunately, it doesn’t matter that your grandmother has agreed to cosign a car loan for you—you are still a minor and not legally allowed to sign a loan agreement.
However, maybe you could get your grandmother to buy the car for now. When you turn 18, she can refinance the loan and put your name on it. “
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