A 17 year old will not be able to get a car loan for $5,000 dollars without a co-signer. Most banks will not give a 17 year old a loan even with a co-signer.
No, it is not possible. Your previous loan must be completed to get a new car loan
Since the car is financed, it already is collateral for a loan. Your car loan uses the car as collateral for that loan. I think the only way for you to use the car as collateral for a different loan is to have the NEW lender pay off your car loan, tack the ammount of the car loan on to the new loan you are getting, therefore they would then be the leinholder on the car.
(car loan * APR + car loan) / 12/ amount of years. i think
You can get out of your car loan by selling the car you have. You can also return the car to the finance company.
To get out of a used car loan, pay off the loan or find someone else who will do that.
If you did not buy the car it depends on the creditor. Some will void out the loan, others will not. If they do not void it then you have all the money from the loan... so you can pay the loan in full immediately. I think it is not very good to get a car loan if you didn't buy he car. it is just my opinion!
SBA Loan Omaha ,NE .Here you can get a guaranteed Car Loan
You cannot enter into a legal contract until you are 18.
No, it most cases you cannot roll the balance of an existing car loan into a new car loan.