The roads of 68-72 in America.

69rsss350 · #1 08-13-2002, 02:03 AM

Nope, it is a federal law, minors can't make binding contracts. Anybody that sells a car to a minor takes on SERIOUS liability. I also had cars before I was 18 but with the old man as primary owner.

JChlupsa · #2 08-13-2002, 02:54 AM

I know prior to me being 18 (many moons ago) they would not let me get a loan for one unless I had someone to co-sign but if I had Cash it was no problem.

69rsss350 · #3 08-13-2002, 03:00 AM

Jeff, don't get me wrong, if you have cash you can always buy! I'm just saying that minors cannot make legal contracts and the liability is a huge issue. You sell a minor a car and the brakes go out on the way home you got a problem, if he changes his mind two weeks later and decides he wants his money back you are going to pay no matter what he has done to it. Beware!

JChlupsa · #4 08-13-2002, 03:04 AM

no problem either way Im well above the 18 age and my Daughter just took over the 69 Nova instead ofone of the Camaro's so I guess when the other 2 are 18 they can see who sinks the most free-throws for 1st pick of Camaros.

69rsss350 · #5 08-13-2002, 03:11 AM

My kids are 24, 14 and eight months (I skipped the 90's) and the two oldest are already fighting over the Camaro. I told them not to worry 'cause I plan on enjoying it many more years!

Yenko Bart · #6 08-13-2002, 10:08 PM

Also you cannot practice law without a degree...But free expert legal advice without even paying a retainer? How can you go wrong???

69rsss350 · #7 08-14-2002, 12:10 AM

No, I am not a lawyer, I just like to play one on the computer. [img]/ubbthreads/images/icons/smile.gif[/img] Seriously, my 21 years in the auto business does give me some experience in these matters. I only wish the best for you and your son.

Dedicated to the Promotion and Preservation of American Muscle Cars, Dealer built Supercars and COPO cars.