True. However, having your parents co-sign is much better than having the
loan in their names and you make the payments on it. When I got my Neon, my
mom had to co-sign on it. Then when I traded it for the Dak, they gave me
the loan without a co-signer (same for my condo). Having your name on the
loan, even with a co-signer, is a great way to build credit (assuming you
make all the payments on time).
---------------------------------------------------------
Jason Bleazard http://www.bleazard.net Toronto, Ontario
current: '95 Dakota Sport white 4x4 Reg. Cab V6/3.9L/5spd
current: '98 Dakota Sport black 4x4 Club Cab V8/5.2L/Auto
RIP: '95 Dakota Sport black 4x2 Club Cab V6/3.9L/Auto
> -----Original Message-----
> From: owner-dakota-truck@buffnet4.buffnet.net
> [mailto:owner-dakota-truck@buffnet4.buffnet.net]On Behalf Of Bernd D.
> Ratsch
> Sent: Sunday, July 18, 1999 9:58 AM
> To: dakota-truck@buffnet.net
> Subject: RE: DML: teenagers and V8s
>
>
> Uhhh..."Co-Signing" is more help than you think from your parents. That
> basically means that if you don't pay the loan, they will be
> responsible for
> the payments as well.
>
>
> -----Original Message-----
> From: owner-dakota-truck@buffnet4.buffnet.net
> [mailto:owner-dakota-truck@buffnet4.buffnet.net]On Behalf Of
> HapaboyONE@aol.com
> Sent: Sunday, July 18, 1999 3:19 AM
> To: dakota-truck@buffnet.net
> Subject: Re: DML: teenagers and V8s
>
>
> i am also one of those teens.....Turned 19 in march. Bought my
> dakota june
> 15, no help from the parents what so ever, expect for them co-signing. 5k
> down and $328.36 a month. I think Im a good driver and able to handle my
> power.
>
> 99 CC V8 5speed
> nick
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