Can I Buy A Car At 16 Review

: Lenders will not issue an auto loan to a 16-year-old because they cannot legally enforce the debt.

Since you cannot get a loan or insurance on your own, an adult (usually a parent) must: How Old Do You Have to Be to Buy a Car? - Progressive can i buy a car at 16

While most states have no law against a 10-year-old "owning" a car, the following practical steps require you to be 18: : Lenders will not issue an auto loan

: Car purchases involve a sales contract. Minors (under 18) generally cannot enter legally binding agreements. can i buy a car at 16

: They are more likely to sell to you than a dealership, but you still need an adult to handle the title transfer.