Question:
Im 16 going on 17 and im looking for a job and i just got my license. I was wanting to get a new car that i pay for every month. Would you be able to tell me what i need to do? And is this possibile?
Answers:
Where 2 search 4 private owners of used cars?
Without a job, nobody will want to loan you cash for a new car. Ask your parents or someone who trusts you to co-sign a loan.Anyone know how much a new Range Rover Sport cost?
I borrowed money through my parents at that age. I paid off the car very quickly too and my parents weren't too uptight about it. First get a job and explain to your parents how much money you make and how bad you want or need a car. If you can convince them that you make enough money to pay them back, they may be all for it. To me that's really the only way. I would say its VERY hard to get a loan from a bank without a job and being the age you are. Good luck!Found A Salvage Vehicle For Sale: Need Advice?
You must be 18 years or older to enter into a finance contract. With or without a co-signer.Lenders will want to see ability & stability to repay.
That means you will need (at the very least} 1 year of gainful employment & prior credit history.
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