How old do you have to be to Finace a car?

I’m 17 years old and im currently living with my Fiance and I work two jobs. My grandparents are going to send me some money so I can put a down payment on a car. The only thing is I have heard around that you have to be 18 years old to make payments on a car.. and I have tried to find out but cannot find any information on it. so please if you can tell me if it is possible for me to start paying on a car… thank you

Answer #1

Not under 18… You’re not allowed to sign a contract under 18 and thus cannot get a loan… So. no…

Answer #2

In my state 21, but with a co-signer (21 or older) you can probably be younger.

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