Teenagers Auto Loans in California – Tips for Young Car Buyers

Everyone wants to beget their own set of Hot Wheels. Cars obtain been a wonder for long. Even as children, we were mesmerized by the beauty of cars. It is absolutely true that automobiles are the primary American passion.

When you live in a state known for its car culture, you simply end ascend loving cars. Moreover so is the case with Californians. Who wouldn’t want to drive on the famous Golden Gate Bridge?

Now, for all you Californian teenagers who dearth to feel the rush of driving a car. There will afsluiting several questions in your mind. It is better to solve them before you buy your first car because doubts hold back satisfaction.

Am I Legally Allowed To Drive A Car? What Are the Requirements For Getting A Driver’s License?

You can drive annotinous you are 15 ½ years old. You will have to apply for the California Instruction Permit. This sanction is a “provisional” driving license and you prefer have to follow few additional rules until you get a driver’s license.

>> It is vital that you follow all traffic rules and drive without any collision.
>> It is obligatory that you drive in the occupancy concerning a parent/guardian/spouse / adult above 25 years regarding age with a valid driver’s license.

If you tag the regulations, you do the basic requirement of taking a driving test in California.

To take your driving test you must:
>> Subsist at least 16 years old and must have held your permit for minimum of 6 months.
>> Have concluded driver education and 6 hours regarding professional driver training.
>> Have accomplished a certified 50 hours of practice with an adult who is 25 years of age or older with a valid California driver license. It is necessary that minimum 10 of the 50 hours must have been done at night.
>> Have minimum insurance coverage.

If you fail the test, your re-test can be scheduled only after two weeks. A Re-Test Fee will be taken from you for the second and third attempts. Assuming you don’t pass the test in three attempts, then you will get to apply again.

How Should I Choose A Car?

Well, the California Lemon Law will help you with all new and used cars (if covered under the manufacturer’s original warranty). So, go ahead also explore your trolley options. Only beside a thorough research, you will be able to ransom a perfect first car.

The need of a car

I understand that all of us are passionate nearly cars and owning the superlative set like wheels gives us prodigious satisfaction. But it is necessary that you let the left brain dominate you for part time. Think why you exactly need a car.

If you need to cover long distances every day, then it important that you go for a car which gives you good mileage.

If you live in the hilly area of Sierra Nevada, you can go for a SUV or any other car with a sturdy built. It will help you cover the hilly tracks. You can go for a stylish convertible if you live near San Diego’s Ocean Beach.

If you won’t be driving passengers in your car, thereupon a two-seater would also be adequate. So, it all depends on you.


Buying a car is not assonance buying movie tickets. Believe in saving for the rainy day and don’t spend every penny on just the price of the car. You will also have to spend on the title, registration and also on insurance. Also, expend future maintenance cost and consequently make a wise decision.

A new rather shopworn car?

Latest designs, advance mileage and advanced technology make us crave for the current models. There are assorted new models that cost less among multiple promotional incentives and rebates.

But, remember that cars lose their value faster. So if you are going to spend so much on a unaccustomed car, you wouldn’t want its asset to depreciate quickly and put you at disadvantage.

As a teenager, harm is always an important factor et sequens so you can also go for pre-owned cars. They will obviously be priced lower than brand new cars. Request a Vehicle History Report and make sure that the vehicle isn’t salvaged or a Lemon.

The trouble with an traditional car is to identify its exact value. You seemingly don’t want to pay more than the car’s worth. The Kelly Blue Book value of the car will help you here.

What Paperwork Is Involved While Buying A Car?

Your labor doesn’t end by picking the perfect vehicle; you still have to go through paperwork. It is less taxing if you let the dealer do it. However this doesn’t mean you can skip it. Before signing the dotted line, you must implicit everything.

The most important is the Bill about Sale. It is document which acknowledges the sale. It testament insert the entire contract information, the vehicle badge number (VIN), license plate number, car’s year, model, the selling price and other details.

It is the duty of the seller to report the change of ownership to the California DMV ent 5 days of the date of sale. Only after that, the DMV will reform the records from the Pronounced OF TRANSFER AND LIABILITY. On the other hand, you are also responsible to inform the DMV within 10 days of the transaction.

Can I Get An Auto Loan?

Buying a car is expensive and so financing a midsize is inevitable. When you are a teenager, availing an auto loan becomes a curb complicated. So, here are few tips to help you get loan.

Steady Income

As you don’t have much trust history, trusting you would be a bit Herculean for the lenders. So, it is important that you assure the lenders like regular payments. This can be done with a steady job and income.

Large Down Payment

If you can afford to put lanuginous 10-20% of the car price, it will voltooien easier to avail loans. A higher down payment amount vessel prevent you against the possibility of a negative equity. So, even if the value of your motor goes down, you will own a lesser amount and chances of an upside-down loan shall be lesser.

Find a Co-signer for Your Auto Loan

Although you must be at least 18 years old to hieroglyph contracts in California, a minor stillness has certain rights. You can sign contracts for certain goods and services which are necessary for survival. In approximately situations, an automobile is also considered a necessity. So, you can sign the contract in such circumstances.

Knowledge is power!

Buying a car is easy when you know the exact process. You will have the power to negotiate only when you know it well.

All the best for buying your FIRST car!