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Bombtrack (1000+ posts) Send PM | Profile | Ignore | Thu Nov-02-06 03:50 PM Original message |
Smart and/or informed people: Can a 16 year old get a car lease? |
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Pacifist Patriot (1000+ posts) Send PM | Profile | Ignore | Thu Nov-02-06 03:51 PM Response to Original message |
1. I'm fairly sure he'd have to have a co-signer. |
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MrCoffee (1000+ posts) Send PM | Profile | Ignore | Thu Nov-02-06 03:51 PM Response to Original message |
2. My first thought would be that he doesn't have enough credit history... |
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Bombtrack (1000+ posts) Send PM | Profile | Ignore | Thu Nov-02-06 03:53 PM Response to Reply #2 |
3. I appreciate both responses, anyone else care to contribute? |
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trof (1000+ posts) Send PM | Profile | Ignore | Thu Nov-02-06 03:58 PM Response to Original message |
4. Minors generally cannot be party to legally binding contracts. |
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Bossy Monkey (1000+ posts) Send PM | Profile | Ignore | Thu Nov-02-06 04:16 PM Response to Original message |
5. Can't even rent one; I doubt seriously that they would lease to a minor |
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Midlodemocrat (1000+ posts) Send PM | Profile | Ignore | Thu Nov-02-06 04:18 PM Response to Original message |
6. Unless he is emancipated, I don't think a minor can enter into a contract like that. |
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Left Is Write (1000+ posts) Send PM | Profile | Ignore | Thu Nov-02-06 04:19 PM Response to Original message |
7. I'm not a lawyer either, but I do agree with the others. |
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XNASA (1000+ posts) Send PM | Profile | Ignore | Thu Nov-02-06 04:27 PM Response to Original message |
8. Only in Kazakhstan. And even then.... |
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ScreamingMeemie (1000+ posts) Send PM | Profile | Ignore | Thu Nov-02-06 04:34 PM Response to Original message |
9. No. Not even with a co-signer. |
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eyesroll (1000+ posts) Send PM | Profile | Ignore | Thu Nov-02-06 05:22 PM Response to Original message |
10. Generally: A minor can sign a contract, but that contract is voidable by the |
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LSK (1000+ posts) Send PM | Profile | Ignore | Thu Nov-02-06 05:30 PM Response to Original message |
11. "an old undependable car for a high school student " |
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LeftyMom (1000+ posts) Send PM | Profile | Ignore | Thu Nov-02-06 05:36 PM Response to Original message |
12. With careful looking, he can get a reliable car for the few grand he wants to use as a down pmt |
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DU AdBot (1000+ posts) | Thu May 02nd 2024, 11:26 AM Response to Original message |
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