i wanna finance a car for my daughter but i dont have a valid license, is this ok?

Asked by jenn12543 Aug 30, 2018 at 12:41 AM about the 2015 Chevrolet Cruze 1LT Sedan FWD

Question type: General

she has no credit at all and only has her permit but will have her license in a
few days  i want to purchase it as a surprise  i will be the one paying for it.

2 Answers
5,110

Title_Reguru answered 6 years ago

You can, just depends on the lender. You might have to have a co-signer. Won't know until you try, call a dealership to see what your options are......Good luck

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fourten00 answered 4 years ago

Maybe in dealerships this is necessary but financing should have to to with income and debt ratios, time on job, credit etc. However, might check on requirements for insuring the car in the state you reside. She may need to be on the title or you may need to be licensed.

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