You generally cannot qualify for an auto loan until you are 18. Lenders require borrowers to have the legal capacity to be held responsible for debt.
While some states like Texas or Colorado allow minors to be listed on a vehicle title, many other states require you to be 18 to register a car in your own name. Practical Obstacles How Old Do You Have to Be to Buy a Car? - Progressive can a 17 year old buy a car
While a 17-year-old can technically own a car, the legal and practical hurdles of buying one independently are significant. Most states require you to be at least 18 years old to sign the binding contracts necessary for purchasing, financing, and insuring a vehicle. Legal Challenges for 17-Year-Olds You generally cannot qualify for an auto loan
In most jurisdictions, individuals under 18 cannot enter into legally binding contracts. Because a car purchase involves multiple agreements, dealerships and private sellers often refuse to sell to minors to avoid the risk of the contract being voided later. Practical Obstacles How Old Do You Have to Be to Buy a Car