That would depend on your age and credit rating and the rules of the loan company.
i was able to get an auto loan with the help of a cosigner and im under 18
To obtain an auto loan with a cosigner, you typically need to meet the lender's credit and income requirements. The cosigner must have good credit and be willing to take on responsibility for the loan if the primary borrower fails to make payments.
To hire a cosigner for an auto loan, you need to find someone with good credit and income who is willing to guarantee the loan if you are unable to make payments. Approach potential cosigners and discuss the terms of the loan with them. Once you have found a willing cosigner, apply for the loan together with their information included.
By co-signing the loan, they are guaranteeing that you will repay the loan. They do not need to be on the auto insurance policy, but it would be in their best interest.
They would need to have the vehicle refinanced in their name only or obtain another cosigner for the refinancing.
No. The cosigner would have to apply for a loan in their name using their credit, income data.
Yes
A cosigner on an auto loan is equally responsible for the loan and has the right to access information about the loan, such as payment status and account details. They also have the right to receive notifications about any changes to the loan agreement.
A cosigner- someone who agreesto pay the loan if you default
No, the refinancing without the consent or knowledge of the original cosigner created a breach of the original lending agreement and the cosigner is no longer legally obligated for the debt.
Nope
Usually not. The decision is up to the lender, but it would be a very odd requirement.