Can a seventeen year old finance for a new car in Michigan?
Can I finance for a new car if I'm seventeen? My sister financed for a good used car at seventeen and all she needed is full insurance and they'll allow her to finance. I make two hundred dollars a week and five hundred to six hundred month. Thanks!
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Answer by oklatom
No, and your sister should have been allowed to either. A minor can not, by law, enter into any ongoing financial obligation, which includes insurance.
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