Is a credit card with a history a must to finance a brand new car ...

Question by : Is a credit card with a history a must to finance a brand new car
I am a student looking to finance the purchase of a brand new car. Problem is, i never had a credit card since i never had use for one.Will the dealership / bank allow me to finance the car, with my parents co-signing, even if i do not have a credit card and credit history? Best answer:

Answer by Calvin C.
if your parents credit is good yes. The terms will be based though on your credit history being none will be higher interest plus at least 6 percent. Be sure you have enough money for full insurance and gas insurance will be a lot more then you are used too

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