Answer:
You shouldn't. Starting to borrow money at that early of an age starts you down a bad path of always borrowing money for wants. That is why they won't allow you to borrow money legally at that age. Talk to your parents about the costs of borrowing money. You can get inexpensive cars for far less money then you need to borrow for. The insurance is cheaper and your long term financial health is absolutely better.

Would you rather borrow $5K now or have $100K when you retire?
Contributor: N2146X
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