Reader’s Question:

Can I own a car and buy insurance even if Im only 16? I live in Wisconsin.

Yen

Good question Yen.

There are no age restrictions for buying and registering motor vehicles according to the Wisconsin Department of Transportation.

According to Section 218.0147 of the Wisconsin state statutes that no minor may purchase or lease any motor vehicle unless the minor at the time of the purchase or lease submits to the seller or lessor a statement verified before a person authorized to administer oaths and made and signed by either a parent or a guardian.

This means that you will need a parent or guardian to sign a statement giving you a consent to buy a vehicle. The signed statement will also be use for the application for title.

So basically you may be able to purchase a vehicle if you have the right paperwork and consent from your parent or guardian. This may also apply in getting car insurance, but some insurance companies may not allow you because a minor is not bound to any contracts. You will probably going to have your parent sign any insurance documents if you are going to apply for a car insurance.

If you want to get more information in laws in the state of Wisconsin regarding a minor purchasing and insuring a vehicle, you may contact with the Wisconsin Department of Transportation and with the Commissioner of Insurance.

Goodluck!

MariCAR