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Can a 16 year old buy a car with a cosigner?

Fayetteville, AR |

We live in Arkansas

Attorney Answers 2

  1. Anyone loaning you money would be risking compelte loss of their loan as you are a minor (presumably unemancipated) and incapable of legally contracting (i.e. your signature on a document, loan, etc. has no legal effect of binding you in contract).

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