Can you lease a car when you're 18 years old and without parent(s)' permission?

Question:
i do have a job.
i do have money.
but do i need my parents' signature and stuffs in order to lease a car?

thanks

Answers:

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in order from lowest to highest in gaining a car.

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1. free, given to you
2. bought cash
3. buy here pay here lot
4. normal bank financing
5. lease

unless you are an adult, own a home, have at least 7-10 yrs of excellent credit, a beacon score of at least 730 or higher, give up on the lease deals.

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they advertise them cause the prices are lower. this is a marketing ploy to make you think all prices are low and to make you come shop at the dealership.

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plus a lease car is not for a kid. mileage is very strict and nothing can be altered or added to the car, not even a radio or speaker box. and for every chip, scratch and dent you will be docked big bucks at the end of the lease. and I believe the going rate for miles over is 34 cents per mile. not cheap.

Okay I have a car that i have not finished paying, and want to trade it in for a larger vehicle.?

people who lease cars are about 6% of the population. they are older people who are set in their jobs, lives and are what most call "old farts".

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yes because youre not 25 thats the magic age they will allow

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I had a friend once who was 15. She had a good job, and she bought her own car. They only care if you can pay for the car or not, they don't care about your age.

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It might be different for you where you live, but I don't think it would be.

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At 18 you are an adult and able to enter into contracts on your own which would be binding. I would doubt any manufacturer would lease to you though, unless you have excellent credit.

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depends on what state you live in in mine you can't be on a contract untill you are 19 but you have to have credit b4 you can lease i would imagine this will be your biggest problem being young but call a dealer and ask them they will know

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You won't need their approval but you will need their credit. I'd bet they will have to co-sign.

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If your credit is good I think u can lease with out a co-signer

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anyone who leaces is dumb you pay for the car 3 years thain give it back and pay for any damages to the car thain you do it all over again buy a 2 or 3 year old car and drive the wheels of it get your moneys worth

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The bank that extends the lease credit to a potential buyer does care that you are of the age to enter into a legal contract, age 18. Less than that, and your signature and ability to pay mean nothing.

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Second, depending on what you want to lease, you need to demonstrate stability in the ability to pay. Many times this is shown by a long, stable job history and a good credit history. Unfortunately ,at age 18, the likelihood that you have both is minimal, but that is not your fault (still young).

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You may be able to finance an inexpensive car to build your credit history, but not likely able to lease a car without a co-buyer. However saying all of that, i would encourage you to try, as i have seen many people who i did not think would get approved do indeed get financed. Worst thing that can happen is that they tell you "no".

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the dealer is gonna wanna see pay stubs from your job and a bank statemen tif you have those you can probaly walk away with a new car..good luck

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I believe you have to be 21 to lease or rent a car.

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Never lease a car, if you are not a business owner.

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