Is it possible for an 18 year old to get a car loan without a cosigner?

Yeah, its possible, but its pretty hard. The 18 year old would need to prove that he or she as a good job for the payments. Also, 18 is the legal age for a credit card (cant have a credit card before your 18) and lenders would like to see the borrower have some kind of credit. Its highly unlikely that this 18 year old will have some kind of credit history.

its better for the 18 year old to have a cosigner with good credit, so the payment wont be as high and it would be easier to get the loan.

Is it possible for an 18 year old to get a car loan without a cosigner?

Yes, it's possible for an 18 year old to get a car without a cosigner from being emancipation and how you can support the car yourself.

Is it possible for an 18 year old to get a car loan without a cosigner?

yes its possible if you have proof of sufficient income, but i wouldnt call it likely.

Is it possible for an 18 year old to get a car loan without a cosigner?

You would need either decent credit or a significant down payment.

Is it possible for an 18 year old to get a car loan without a cosigner?

Im 22 and everywhere I go they tell me that I have great credit but not enough credit. So depends on the kind of car you want. If you get a cheap one, yeah as long as you pay for it and can back it up (job). But if you want an expensive one--no.

Is it possible for an 18 year old to get a car loan without a cosigner?

Probably not a lexus unless you have a trust fund, but if you have a little credit then you can get a car by yourself. You may have to travel around to different dealerships and get a cheaper car for awhile, but it is possible. Just make sure you have some credit, usually people don't get a $20,000 loan if they haven't already established a little bit of credit. Get a credit card and you'll solve that problem, or get some student loans.

It sucks that you have to buy crap in order to get what you really want. Welcome to the "are you for real" world

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