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What Is The Legal Age For Owning A Car?

There is no legal age for owning a car in most states. However, for car ownership title, registration and insurance, you must be above 18 years old. If you are below 18, you may require an adult to help you with these processes. A car purchase is difficult at a tender age.

You have to be at least 18 to get the car title in your name. Next, to register your vehicle, the same age criterion will apply. This will also be the case with a driver’s license. The basic requirement for getting auto insurance is that you must have a valid driver’s license.

To sum it up, if you are a driver who is less than 18 years old, you will face troubles with:

  • Car financing
  • Car title and registration and
  • Car insurance

You can stay on your parent’s existing auto insurance policy if you are a teen. It can save you money.

At What Age Can You Buy A Car From A Dealership?

You can buy a car from a local dealership or third party once you have turned 18. Car purchase and financing involve some paperwork. The contracts are is enforceable by law only if you have attained legal age. In most states, people that are over 18 are considered adults.

On attainment of the legal age, you will not face problems with getting a vehicle financed, registered and insured. You also don’t need to have a credit history for financing a car. You can purchase it in cash or by loan finance with your parent as the co-signer for your instant car loan.

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Can A 16 Year Old Own A Car?

A 16-year-old can own a car if purchased in cash from a private seller. But the vehicle has to be registered and insured in an adult’s name. The car title can be transferred after the owner attains legal age. Lenders will not provide auto loans to teen drivers.

Is There an Age Requirement to Buy a Car With Cash?

There is no age requirement to buy a car with cash. Most states allow buyers to own cars at the age of 18. States like Texas may also allow teens below 18 to get car titles in their names. You can check with your state’s DMV to know the car ownership age requirement.

However, to register a car, and get a driver’s license and car insurance, teen drivers will require help from an adult. These are the basic legal requirements for driving the car on road. You can use our online services to know whether you can own a vehicle based on your age. We are here to help!

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Ronald Aquino
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