Can a minor sign as the cosigner on a car loan?

We live in Nebraska, and the car dealership where I bought my vehicle had my minor son sign a contract. Can the contract be voided?

Answer
It’s strange the dealership had your minor son sign any contract, especially as a cosigner, but according to Nebraska statute 43-2101, a minor cannot enter into a binding contract or be held legally responsible for said contract.
This means that the contract is void and unenforceable for your son. To find out what to do next and see if you are still legally responsible for your part or if an entirely new agreement has to be signed, you should contact the lender.
Given the situation, it sounds like you’ve had enough confusion buying your vehicle. If you want to simplify at least part of car ownership, try using the number-one-rated car insurance app, Jerry, to help you find the lowest rates on car insurance.
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Jack Walsh
Answered on Dec 14, 2021
Jack is an insurance specialist and writer living in Buffalo, New York. He has a BA from Union College and worked as an insurance agent with Jerry before joining our content team. He enjoys using data and research to break down complex subjects and convey a story. In his spare time, Jack enjoys cycling, cooking, and exploring Buffalo’s beautiful waterfront.
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