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How old do you have to be to get an auto loan?

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βˆ™ 2011-05-28 12:26:28

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The age is 18 and with most dealerships you have to have good credit to buy a car. So if your son has a bill in his name or a credit card, the dealership can pull up his credit, and he must be approved. Also, he must have a job or a document showing that he has a steady income coming in.

2011-05-28 12:26:28
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Related Questions

How does a 16 year old get an auto loan?

you need to be 18 to get a auto loan,and then you would most likely need a co. signer.

Can a 16-year-old get an auto loan if they have a parent who will cosign for them?

auto loanyes u can im 17 and i got a loan on a Toyota supra

Are four wheelers under auto loan or personal loan?

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Do auto loan calculators accurately predict auto loan payments?

Auto loan calculators are not reliable. Although they can sometimes predict auto loan payments correctly, they are often inaccurate and can cause issues.

Can a 18 year old get an auto financed?

Yes. It is difficult for an 18 yr old to get a loan. 18 is the earliest age that anyone can enter into a loan contract.

How would you refinance an auto loan?

You can refinance an auto loan at any place you can get an auto loan. It may be best to use an agency in which you have already gotten a loan through before.

What kind of loan is an auto loan?

An auto loan is a loan that's given to someone to enable him/her buy a car while they pay back within a period of time below is my recomendation for best auto loan

If someone cosigns your auto loan are they responsible for your other debts or only the auto loan?

Just for the auto.

Where can I find an auto loan calculator?

There are several useful auto loan calculators online. The one found at gives you a lot of information/

Where can I find a quick auto loan?

You may be able to receive an auto loan through a bank or savings. The government may not provide you with an auto loan.

How do I find a calculator for car loan payments?

If your looking for an auto loan calculator, Bankrate is a great place to start. They provide car loan and auto loan calculators to help with your buying decision.

How old do you have to be to apply for a car loan? Website gives you all up to date required information you may need when looking to get a auto loan whether it be age or how much something is.

How does the auto loan calculator work?

An auto loan calculator factors in the interest rate of the loan, the loan amount, and length of time for the auto loan. This information givens you the monthly payment as well as loan balance for that particular loan plus the total you will pay over the life of that loan.

Where can one find an auto loan calculator?

There are several places where one can find auto loan calculators. One can find an auto loan calculator on several websites such as Auto 123, and Chase.

Can you qualify for an auto loan with no drivers license?

yes you can get a auto loan without a license but you can not get auto insurance with out one and you can't complete the loan closing without insurance.

Can you pay off your auto loan to the lender?

Yes when you pay off your auto loan the payment should be made to the lender. In fact all auto loan payments should be made to the lender who financed the loan.

What is the credit score you need to get a auto loan?

the acurate auto loan you need is at least 750

Where can one get an auto loan quote?

Auto loan quotes can be found online. 'Autobytel', 'Carquotes', 'Roadloans', and 'Nationwide' are a couple of online websites that offer auto loan quotes.

Auto Loan Early Payoff?

Auto Loan Early Payoff How much interest can you save by increasing your auto loan payment? This financial calculator helps you find out. View the report to see a complete amortization payment schedule, and how much you can save on your auto loan!

Does an auto loan rewrite hurt your credit?

I think yes....the auto loan rewrite can hurt your credit

How is the interest on an auto loan calculated?

Auto loan interest payments are calculated using an amortization schedule.

I have an auto loan in my name can i get another auto loan in my name?

If you are already running a loan, then you can take a loan from another bank not from the same bank. If still you want a loan from same bank, then you can get on your parents name.

Is there a website that can calculate bank rates for an auto loan?

There is a website that can calculate bank rates for an auto loan. Simply go on, click on auto, and fill out all relevant information to calculate bank rates for an auto loan.

Where can one get an auto loan for a car?

One can get an auto loan for a car at the "State Farm" website. State Farm is a very reliable and widely used company for a quick and easy to get auto loan.

What is the difference between a normal auto loan and a title auto loan?

With a title auto loan, your vehicle has already been paid off and you are using it as collateral for a new loan sometimes referred to as a cash advance. A normal auto loan is dedicated to the new or used vehicle and the funds normally are not used for anything else unless financed within the loan ie. warranty.